Express-1’s Third-Quarter Profit Jumps
Express-1 Expedited Solutions said Thursday its third-quarter income jumped to $1.16 million, or 4 cents a share, from $500,000, or 2 cents, a year ago.
The ground expedited carrier’s revenue more than doubled, to $32.4 million.
Income from operations jumped to $2.03 million, from $780,000 a year ago.
Express-1 Expedited Solutions is a non-asset based transportation company that operates through business segments Express-1 Inc., Concert Group Logistics, Express-1 Dedicated and Bounce Logistics.