Business and Finance

Bridgeton-based Cass Information Systems Inc. reported a small drop in first-quarter earnings due to the economy’s impact on the transportation industry.

The provider of transportation, utility and telecom invoice payment and information services reported net income of $3.9 million, or 42 cents a share, compared with $4 million, or 43 cents a share, during the same quarter a year ago instant cash advance no fax.

The company said new business helped offset a 21 percent drop in base customer volumes. Cass also said it used cost control measures to reduce operating expenses by $70,000, despite a $313,000 increase in pension expense.

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