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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2024
Segment Reporting [Abstract] |
Summary of Segment Information | Reportable segment information as of, and for the years ended, December 31, 2024, 2023, and 2022, is as follows (dollars in thousands):
| Twelve Months Ended December 31, 2024
| NAST |  | Global Forwarding |  | Total
Revenues from external customers | $ | 11,727,539 |  |  | $ | 3,805,018 |  |  | $ | 15,532,557 |
Other revenues(1) |  |  |  |  | 2,192,399 |
Total consolidated revenues |  |  |  |  | 17,724,956 |
Less significant segment expenses: |  |  |  |  |
Purchased transportation and related services (2) | 10,086,344 |  |  | 3,002,469 |  |  |
Personnel expenses (2) | 669,611 |  |  | 371,576 |  |  |
Other selling, general, and administrative expenses (2) | 440,292 |  |  | 218,497 |  |  |
Segment operating income | 531,292 |  |  | 212,476 |  |  | 743,768 |
Other operating income (loss)(1) |  |  |  |  | (74,627) |
Total consolidated operating income |  |  |  |  | 669,141 |
Interest and other income/expenses, net |  |  |  |  | (89,937) |
Income before provision for income taxes |  |  |  |  | $ | 579,204 |
| Twelve Months Ended December 31, 2023
| NAST |  | Global Forwarding |  | Total
Revenues from external customers | $ | 12,471,075 |  |  | $ | 2,997,704 |  |  | $ | 15,468,779 |
Other revenues(1) |  |  |  |  | 2,127,664 |
Total consolidated revenues |  |  |  |  | 17,596,443 |
Less significant segment expenses: |  |  |  |  |
Purchased transportation and related services (2) | 10,877,221 |  |  | 2,308,339 |  |  |
Personnel expenses (2) | 662,037 |  |  | 366,464 |  |  |
Other selling, general, and administrative expenses (2) | 471,857 |  |  | 237,071 |  |  |
Segment operating income | 459,960 |  |  | 85,830 |  |  | 545,790 |
Other operating income (loss)(1) |  |  |  |  | (31,183) |
Total consolidated operating income |  |  |  |  | 514,607 |
Interest and other income/expenses, net |  |  |  |  | (105,421) |
Income before provision for income taxes |  |  |  |  | $ | 409,186 |
| Twelve Months Ended December 31, 2022
| NAST |  | Global Forwarding |  | Total
Revenues from external customers | $ | 15,827,467 |  |  | $ | 6,812,008 |  |  | $ | 22,639,475 |
Other revenues(1) |  |  |  |  | 2,057,150 |
Total consolidated revenues |  |  |  |  | 24,696,625 |
Less significant segment expenses: |  |  |  |  |
Purchased transportation and related services (2) | 13,630,763 |  |  | 5,728,535 |  |  |
Personnel expenses (2) | 844,472 |  |  | 414,690 |  |  |
Other selling, general, and administrative expenses (2) | 518,930 |  |  | 219,419 |  |  |
Segment operating income | 833,302 |  |  | 449,364 |  |  | 1,282,666 |
Other operating income (loss)(1) |  |  |  |  | (15,884) |
Total consolidated operating income |  |  |  |  | 1,266,782 |
Interest and other income/expenses, net |  |  |  |  | (100,017) |
Income before provision for income taxes |  |  |  |  | $ | 1,166,765 |
________________________________ (1) Other revenues and operating income (loss) are attributable to our Robinson Fresh and Managed Solutions segments, as well as Other Surface Transportation outside of North America and other miscellaneous revenues and unallocated corporate expenses. (2) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. Additional segment disclosures as of, and for the years ended, December 31, 2024, 2023, and 2022, is as follows (dollars in thousands):
| NAST |  | Global Forwarding |  | All Other and Corporate |  | Consolidated
December 31, 2024 |  |  |  |  |  |  |
Depreciation and amortization | $ | 20,670 |  |  | $ | 10,602 |  |  | $ | 65,888 |  |  | $ | 97,160 |
Total assets(1) | 2,874,701 |  |  | 1,335,178 |  |  | 1,088,047 |  |  | 5,297,926 |
Average employee headcount | 5,696 |  |  | 4,678 |  |  | 4,012 |  |  | 14,386 |
December 31, 2023 |  |  |  |  |  |  |
Depreciation and amortization | $ | 23,027 |  |  | $ | 19,325 |  |  | $ | 56,633 |  |  | $ | 98,985 |
Total assets(1) | 3,008,459 |  |  | 1,094,895 |  |  | 1,121,926 |  |  | 5,225,280 |
Average employee headcount | 6,469 |  |  | 5,222 |  |  | 4,350 |  |  | 16,041 |
December 31, 2022 |  |  |  |  |  |  |
Depreciation and amortization | $ | 23,643 |  |  | $ | 21,835 |  |  | $ | 47,298 |  |  | $ | 92,776 |
Total assets(1) | 3,304,480 |  |  | 1,507,913 |  |  | 1,142,171 |  |  | 5,954,564 |
Average employee headcount | 7,365 |  |  | 5,712 |  |  | 4,524 |  |  | 17,601 |
________________________________ (1) All cash and cash equivalents and certain owned properties are included in All Other and Corporate.
Schedule of Total Revenues and Long-Lived Assets by Geographic Regions | The following table presents our total revenues (based on location of the customer) and long-lived assets (including other intangible assets and other assets) by geographic regions (in thousands):
| For the year ended December 31,
| 2024 |  | 2023 |  | 2022
Total revenues |  |  |  |  |
U.S. | $ | 14,872,311 |  |  | $ | 14,795,659 |  |  | $ | 20,696,448 |
Other locations | 2,852,645 |  |  | 2,800,784 |  |  | 4,000,177 |
Total revenues | $ | 17,724,956 |  |  | $ | 17,596,443 |  |  | $ | 24,696,625 |
| As of December 31,
| 2024 |  | 2023 |  | 2022
Long-lived assets |  |  |  |  |
U.S. | $ | 678,900 |  |  | $ | 728,538 |  |  | $ | 751,984 |
Other locations | 220,458 |  |  | 142,448 |  |  | 142,529 |
Total long-lived assets | $ | 899,358 |  |  | $ | 870,986 |  |  | $ | 894,513 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- 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 + Details
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