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BUSINESS SEGMENT INFORMATION (Tables)
12 Months Ended
Sep. 30, 2022
BUSINESS SEGMENT INFORMATION [Abstract]  
Segment Reporting Information by Segment
The following tables presents selected financial information about the Company’s reportable segments and Corporate for the purpose of reconciling to the consolidated totals for the fiscal years ended September 30, 2022 and 2021:
 
For the year ended September 30, 2022
(in thousands)
 
Consolidated
   
Logistics
   
Life Sciences
   
Manufacturing
   
Corporate
 
Revenues
 
$
316,863
   
$
295,343
   
$
11,625
   
$
9,895
   
$
 
Forwarding expenses and cost of revenues
   
250,666
     
242,946
     
2,933
     
4,787
     
 
Gross profit
   
66,197
     
52,397
     
8,692
     
5,108
     
 
Selling, general and administrative
   
54,723
     
40,075
     
5,421
     
3,095
     
6,132
 
Amortization of intangible assets
   
1,976
     
     
     
     
1,976
 
Income (loss) from operations
   
9,498
   
12,322
     
3,271
     
2,013
     
(8,108
)
Interest expense
   
1,276
     
988
     
123
     
146
     
19
 
Identifiable assets
   
126,532
     
64,630
     
10,884
     
4,324
     
46,694
 
Capital expenditures, net of disposals
 
$
551
   
$
300
   
$
198
   
$
53
   
$
 

For the year ended September 30, 2021
(in thousands)
 
Consolidated
   
Logistics
   
Life Sciences
   
Manufacturing
   
Corporate
 
Revenues
 
$
146,419
   
$
125,863
   
$
11,992
   
$
8,564
   
$
 
Forwarding expenses and cost of revenues
   
113,986
     
106,139
     
3,864
     
3,983
     
 
Gross profit
   
32,433
     
19,724
     
8,128
     
4,581
     
 
Selling, general and administrative
   
27,362
     
16,656
     
4,469
     
2,696
     
3,541
 
Amortization of intangible assets
   
1,120
     
     
     
     
1,120
 
Income (loss) from operations
   
3,951
   
3,068
     
3,659
     
1,885
     
(4,661
)
Interest expense
   
589
     
294
     
117
     
156
     
22
 
Identifiable assets
   
115,924
     
59,026
     
9,344
     
3,905
     
43,649
 
Capital expenditures, net of disposals
 
$
234
   
$
20
   
$
174
   
$
40
   
$