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Business Segment Information (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial information regarding the Company’s operations by geographic area is as follows:

		UNITED STATES			OTHER NORTH AMERICA				LATIN AMERICA				NORTH ASIA				SOUTH ASIA				EUROPE				MIDDLE EAST, AFRICA AND INDIA				ELIMI- NATIONS				CONSOLI- DATED
For the three months ended September 30, 2025:
Revenues		$	928,858			122,842				68,098				721,353				406,104				487,889				161,835				(2,228	)			2,894,751
Directly related cost of transportation    and other expenses1		$	478,767			77,749				42,337				584,631				318,614				318,393				120,771				(1,605	)			1,939,657
Salaries and related costs		$	275,595			21,978				11,162				41,158				29,957				91,301				19,286				—				490,437
Other operating expenses2		$	29,668			14,941				8,900				38,723				24,478				47,005				13,531				(631	)			176,615
Operating income		$	144,828			8,174				5,699				56,841				33,055				31,190				8,247				8				288,042
Identifiable assets at period end		$	2,580,473			192,957				104,334				463,689				341,607				819,342				292,545				(15,365	)			4,779,582
Capital expenditures		$	5,619			253				240				812				1,172				1,312				1,690				—				11,098
Depreciation and amortization		$	7,818			506				244				1,442				693				2,950				595				—				14,248
Equity		$	1,513,585			53,799				41,622				205,772				133,471				264,690				164,295				(94,596	)			2,282,638
For the three months ended September 30, 2024:
Revenues		$	854,679			114,264				61,981				914,417				445,308				433,660				177,145				(1,323	)			3,000,131
Directly related cost of transportation    and other expenses1		$	443,930			67,626				38,973				763,781				369,905				279,235				131,098				(584	)			2,093,964
Salaries and related costs		$	245,133			20,489				9,824				42,490				29,261				83,728				19,383				—				450,308
Other operating expenses2		$	8,319			14,772				8,781				44,076				22,046				43,189				13,900				(748	)			154,335
Operating income		$	157,297			11,377				4,403				64,070				24,096				27,508				12,764				9				301,524
Identifiable assets at period end		$	2,611,417			192,370				108,985				727,724				376,283				863,840				319,627				(29,329	)			5,170,917
Capital expenditures		$	9,299			198				101				296				839				1,548				10				—				12,291
Depreciation and amortization		$	8,961			569				279				1,774				502				2,819				870				—				15,774
Equity		$	1,628,893			35,825				42,670				221,519				124,387				182,515				164,665				(41,304	)			2,359,170
		UNITED STATES			OTHER NORTH AMERICA				LATIN AMERICA				NORTH ASIA				SOUTH ASIA				EUROPE				MIDDLE EAST, AFRICA AND INDIA				ELIMI- NATIONS				CONSOLI- DATED
For the nine months ended September 30, 2025:
Revenues		$	2,660,632			347,455				197,391				2,053,146				1,130,212				1,360,396				470,165				(6,342	)			8,213,055
Directly related cost of transportation    and other expenses1		$	1,385,038			218,370				119,717				1,646,538				877,464				883,987				342,862				(4,287	)			5,469,689
Salaries and related costs		$	799,702			61,775				32,630				118,205				86,596				261,763				59,039				—				1,419,710
Other operating expenses2		$	84,075			46,495				28,559				113,289				75,880				132,242				43,574				(2,094	)			522,020
Operating income		$	391,817			20,815				16,485				175,114				90,272				82,404				24,690				39				801,636
Identifiable assets at period end		$	2,580,473			192,957				104,334				463,689				341,607				819,342				292,545				(15,365	)			4,779,582
Capital expenditures		$	20,172			736				739				5,862				3,235				4,396				4,985				—				40,125
Depreciation and amortization		$	24,652			1,502				748				3,674				1,885				8,387				1,851				—				42,699
Equity		$	1,513,585			53,799				41,622				205,772				133,471				264,690				164,295				(94,596	)			2,282,638
For the nine months ended September 30, 2024:
Revenues		$	2,385,392			331,837				151,787				2,096,709				960,970				1,241,432				481,600				(3,917	)			7,645,810
Directly related cost of transportation    and other expenses1		$	1,270,981			199,710				88,077				1,702,401				757,167				796,205				353,839				(1,728	)			5,166,652
Salaries and related costs		$	717,420			59,371				27,531				113,387				76,641				241,388				54,163				—				1,289,901
Other operating expenses2		$	55,415			43,313				22,389				111,201				58,662				122,330				37,936				(2,208	)			449,038
Operating income		$	341,576			29,443				13,790				169,720				68,500				81,509				35,662				19				740,219
Identifiable assets at period end		$	2,611,417			192,370				108,985				727,724				376,283				863,840				319,627				(29,329	)			5,170,917
Capital expenditures		$	17,775			2,172				383				933				2,938				4,860				1,354				—				30,415
Depreciation and amortization		$	27,087			1,601				846				3,965				1,469				8,573				2,373				—				45,914
Equity		$	1,628,893			35,825				42,670				221,519				124,387				182,515				164,665				(41,304	)			2,359,170

1Directly related cost of transportation and other expenses totals operating expenses from airfreight services, ocean freight and ocean services and customs brokerage and other services as shown in the condensed consolidated statements of earnings.

2Other operating expenses totals rent and occupancy, depreciation and amortization, selling and promotion and other as shown in the consolidated statements of earnings.

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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