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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Goodwill | The change in carrying amount of goodwill is as follows (in thousands):
| NAST |  | Global Forwarding |  | All Other and Corporate |  | Total
Balance, December 31, 2023 | $ | 1,188,813 |  |  | $ | 207,599 |  |  | $ | 77,188 |  |  | $ | 1,473,600 |
Foreign currency translation | (4,261) |  |  | (1,681) |  |  | (640) |  |  | (6,582) |
Balance, March 31, 2024 | $ | 1,184,552 |  |  | $ | 205,918 |  |  | $ | 76,548 |  |  | $ | 1,467,018 |
Schedule of Intangible Assets | Identifiable intangible assets consisted of the following (in thousands):
| March 31, 2024 |  | December 31, 2023
| Cost |  | Accumulated Amortization |  | Net |  | Cost |  | Accumulated Amortization |  | Net
Finite-lived intangibles |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 92,663 |  |  | $ | (61,136) |  |  | $ | 31,527 |  |  | $ | 93,499 |  |  | $ | (58,437) |  |  | $ | 35,062 |
Indefinite-lived intangibles |  |  |  |  |  |  |  |  |  |  |
Trademarks | 8,600 |  |  | — |  |  | 8,600 |  |  | 8,600 |  |  | — |  |  | 8,600 |
Total intangibles | $ | 101,263 |  |  | $ | (61,136) |  |  | $ | 40,127 |  |  | $ | 102,099 |  |  | $ | (58,437) |  |  | $ | 43,662 |
Schedule of Amortization Expense | Amortization expense for other intangible assets is as follows (in thousands):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2024 |  | 2023
Amortization expense |  |  |  |  | $ | 3,313 |  |  | $ | 5,815 |
Schedule of Future Amortization of Finite-Lived Intangible Assets | Finite-lived intangible assets, by reportable segment, as of March 31, 2024, will be amortized over their remaining lives as follows (in thousands):
| NAST |  | Global Forwarding |  | All Other and Corporate |  | Total
Remainder of 2024 | $ | 5,987 |  |  | $ | 2,498 |  |  | $ | 814 |  |  | $ | 9,299 |
2025 | 7,857 |  |  | 2,297 |  |  | 1,086 |  |  | 11,240 |
2026 | 7,857 |  |  | 374 |  |  | 743 |  |  | 8,974 |
2027 | 1,310 |  |  | — |  |  | 497 |  |  | 1,807 |
2028 | — |  |  | — |  |  | 207 |  |  | 207 |
Total |  |  |  |  |  |  | $ | 31,527 |

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