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US1 Industries Reports Lower 2Q Profit
Logistics firm US1 Industries said its second-quarter net income slipped to $813,000, or 6 cents a share, from $1.1 million, or 9 cents, a year ago.
Revenue fell 6.3% t44.9 million, the company said Tuesday. Operating income fell to $1.2 million, from $1.7 million.
US1 provides financial resources, insurance and information technology to the trucking and logistics industries.