Clark’s 3Q Income Falls

Freight forwarder Clark Holdings said that its income fell to $134,000, or 1 cent per share, in the third quarter, compared with $523,000, or 5 cents, a year ago.

Revenue dropped to $17.2 million in the quarter ended Oct. 3, from $22.3 million the previous year.

Clark Holdings, New York, is a non-asset-based logistics and freight forwarding firm.