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Tank and bulk carrier Patriot Transportation Holding’s fiscal first-quarter net income fell 23.5% to $1.34 million, o 43 cents per share, from $1.7 million, or 56 cents, a year ago.

Revenue for the quarter ended Dec. 30 fell about 10% to $27.5 million, the company said Tuesday. Transportation segment revenue was $22.1 million, down from $30.8 million a year ago.

Patriot operates tank carrier Florida Rock & Tank Lines and a real estate business.