US 1 Industries’ Second-Quarter Profit Doubles

Logistics firm US 1 Industries said it earned $500,000, or 4 cents a share, in the second quarter, up from $250,000, or 2 cents, a year ago.

Revenue rose 16.9% to $52.6 million, the company said in a statement. Operating income jumped to $1.4 million, from $200,000 a year ago.

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