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Logistics and delivery firm Dynamex Inc.’s fiscal first-quarter profit fell to $1.4 million, or 14 cents a share, from $3 million, or 31 cents, a year ago.

Sales for the quarter ended Oct. 31 rose 11% to $111 million, the company said late Thursday.

Dynamex credited the sales increase largely to a higher core sales, higher fuel surcharges and a stronger Canadian dollar.

“We believe the company is showing significant improvement in its operations and is well positioned for continued expansion as the broader economy continues to slowly improve,â€id James L. Welch, president.

Dynamex, which provides same-day delivery services, is ranked No. 61 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.