US 1 Earnings Slide in 2Q; Revenue Rises

S 1 Industries Inc. reported its second-quarter net income declined to $316,931 or 3 cents a share, compared with $516,075 or 4 cents a year earlier.

Revenue rose 9.8% to $48.3 million, up from $44 million a year ago, the company said late Monday.

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