Patriot Transportation Holding Inc has acquired the assets of Pipeline Transportation Inc, effective November 7. Pipeline Transportation's operations have been conducted in the Florida and Alabama markets also served by Florida Rock and Tank Lines Inc.
For the 12-month period ending June 30, 2013, Pipeline Transportation had gross revenues of just over $16,500,000.
Rob Sandlin, president of Florida Rock and Tank Lines, says he is excited to welcome the drivers and employees of Pipeline to the Florida Rock and Tank Lines family. Sandlin emphasizes his expectation that this quality operation can be combined with the operations of Florida Rock & Tank Lines in a manner that will generate synergistic improvements to the company's bottom line.