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SEGMENT REPORTING (Tables)

12 Months Ended

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

X

- 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

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-Topic 220
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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.

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