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% to $44.9 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.