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Multimodal transport (also known as combined transport) is the transportation of goods under a single contract, but performed with at least two different modes of transport; the carrier is liable (in a legal sense) for the entire carriage, even though it is performed by several different modes of transport (by rail, sea and road, for example).
As of September 30, 2013, Patriot Transportation had approximately $287.1 million in total assets. [2] FRP Development Corp, the companies real estate division, acquires, constructs, leases and manages land and commercial buildings. On December 21, 2023, United Petroleum Transports acquired the company for approximately 66.2 million dollars. [4]
The company went public in 1997. According to Wright Investors’ Service, at the end of 2007, the company operated a fleet of 114 tractors, 241 high-cube trailers, 3,882 53-foot-high cube containers and 3,177 53-foot chassis to transport truckload freight.
The company operates under MC 444954-B and offers $100,000 surety bond protection under Moving Ahead for Progress in the 21st Century Act legislation. [ 2 ] In 2010, FreightCenter and Go Daddy.com, LLC partnered on an integration of the provider's API Web services and Go Daddy's Quick Shopping Cart application. [ 3 ]
This page was last edited on 23 December 2023, at 23:01 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
For a short period between 2015 and 2016, the company was owned by XPO, Inc. and known as XPO, Inc. Truckload. In 2016, it was acquired by Canadian logistics company TFI International who returned it to its pre-2007 operations as a standalone truckload company under its original name, CFI. TFI sold the company to Heartland in 2022.
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