Smart Move Reports 2Q Loss

Logistics management firm Smart Move lost $2.5 million or 23 cents a share in the second quarter, compared with a loss of $3.4 million or 75 cents a year ago.

Sales rose 35% to $1.3 million, the Denver-based company said late Wednesday.

Smart Move — which works in tandem with UPS Inc. to move household goods containers — said it “plans to seek additional capital to continue to expand its business and execute its plan.”