Patriot Transportation’s 3Q Income Rises

Patriot Transportation Holding’s fiscal third-quarter net income jumped to $2.4 million or 77 cents a share, from $1.8 million or 59 cents a year earlier.

Revenue for the quarter ended June 30 rose 5.4% to $39.6 million, the tank truck and flatbed carrier said late Wednesday.

Transportation segment revenue rose by $1.7 million to $34.1 million over the previous third quarter.

Patriot operates tank carrier Florida Rock & Tank Lines, flatbed hauler SunBelt Transport and a real estate business.