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US 1 Industries' Third-Quarter Profit Improves

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11/16/2010 10:15:00 AM

Logistics firm US 1 Industries said its third-quarter profit improved on higher load activity.

Net income rose to $827,000, or 6 cents a share, from $231,000, or 2 cents, a year ago, the company said in a statement.

Operating income jumped to $2 million, from $400,000 a year ago. Revenue rose 26.1% to $56.4 million.

US 1 provides financial resources, insurance and information technology to the trucking and logistics industries.

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