US 1 Industries’ Income Dips

Logistics firm US 1 Industries’ first-quarter income fell to $370,000 or 3 cents a share, from $695,000 or 6 cents a year ago.

Operating revenue rose to $45.9 million from $44.6 million, the company said late Tuesday. Operating income dipped to $777,000 from $1.1 million.

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