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Aug 16, 2009

TRUCKING INDUSTRY * USA - Patriot sells trucking subsidiary

The sale of one of its subsidiaries results in loss for the company

Jacksonville,FL,USA -The Jacksonville Business, by Mark Basch -Aug. 15, 2009: -- Patriot Transportation Holding Inc. announced late Thursday it has sold one of its two trucking subsidiaries, and a loss from that sale resulted in an overall quarterly loss for the company... Jacksonville-based Patriot said it completed the sale of SunBelt Transport Inc. on Thursday to an undisclosed buyer... SunBelt provides flatbed trucking services...

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