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SEGMENT REPORTING
 3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
Our segments are based on our method of internal reporting, which generally segregates the segments by service line and the primary services they provide to our customers. The internal reporting of segments is aligned with the reporting and review process used by our chief operating decision maker (“CODM”), our Chief Executive Officer. The accounting policies of our reportable segments are the same as those described in the summary of significant accounting policies. We do not report our intersegment revenues by segment to our CODM and do not believe they are a meaningful metric for evaluating the performance of our reportable segments.
Our CODM utilizes segment operating income as the primary measure to evaluate the performance of our reportable segments. Operating income is an important measure of our ability to optimize our cost structure through innovation of our proprietary operating systems and accelerating the capabilities of our workforce. It also guides the allocation of resources, including employees, technology investments, and capital resource investments to each segment. Additionally, operating income is also an important measure of our ability to maintain pricing discipline and driving profitable growth while effectively serving our customers and contract carriers. We consider operating income to be our primary performance metric. The review of segment performance and the allocation of resources occurs primarily in the annual budgeting process and through a regular cadence of operating reviews to monitor the progress of strategic initiatives included in our enterprise balanced scorecard. We identify two reportable segments with all other segments included in “All Other and Corporate” as follows:
•North American Surface Transportation—NAST provides freight transportation services across North America through a network of offices in the United States, Canada, and Mexico. The primary services provided by NAST are truckload and less than truckload (“LTL”) transportation services.
•Global Forwarding—Global Forwarding provides global logistics services through an international network of offices in North America, Asia, Europe, Oceania, South America, and the Middle East and also contracts with independent agents worldwide. The primary services provided by Global Forwarding include ocean freight services, air freight services, and customs brokerage.
•All Other and Corporate—All Other and Corporate includes 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. Robinson Fresh provides sourcing services including the buying, selling, and/or marketing of fresh fruits, vegetables, and other value-added perishable items. Managed Solutions provides Transportation Management Services, or Managed TMS. Other Surface Transportation revenues were primarily earned by our Europe Surface Transportation segment which was sold effective February 1, 2025. Europe Surface Transportation provided transportation and logistics services including truckload and LTL transportation services across Europe. Refer to Note 14, Divestitures, for further discussion related to the sale of our Europe Surface Transportation business.
The accounting policies of our reportable segments are the same as those described in the summary of significant accounting policies located in Note 1 of the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2024.
Reportable segment information is as follows (dollars in thousands):
 
Three Months Ended March 31, 2025
NASTGlobal ForwardingTotal
Revenues from external customers$2,868,420 $774,888 $3,643,308 
Other revenues(1)
403,432 
Total consolidated revenues
4,046,740 
Less significant segment expenses:
Purchased transportation and related services(2)
2,450,096 590,260 
Personnel expenses(2)
162,810 87,729 
Other selling, general, and administrative expenses(2)
111,843 53,956 
Segment operating income143,671 42,943 186,614 
Other operating income (loss)(1)
(9,761)
Total consolidated operating income
176,853 
Interest and other income/expenses, net
(20,051)
Income before provision for income taxes
$156,802 
 
Three Months Ended March 31, 2024
NASTGlobal ForwardingTotal
Revenues from external customers$3,000,313 $858,637 $3,858,950 
Other revenues(1)
553,361 
Total consolidated revenues
4,412,311 
Less significant segment expenses:
Purchased transportation and related services(2)
2,603,203 678,592 
Personnel expenses(2)
175,625 96,463 
Other selling, general, and administrative expenses(2)
112,590 52,030 
Segment operating income108,895 31,552 140,447 
Other operating income (loss)(1)
(13,314)
Total consolidated operating income
127,133 
Interest and other income/expenses, net
(16,780)
Income before provision for income taxes
$110,353 
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(1) Other revenues and other 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.

NASTGlobal ForwardingAll Other and CorporateConsolidated
Three Months Ended March 31, 2025
Depreciation and amortization4,809 2,139 18,694 25,642 
Total assets(1)
2,989,401 1,292,915 943,798 5,226,114 
Average employee headcount5,280 4,514 3,553 13,347 
NASTGlobal ForwardingAll Other and CorporateConsolidated
Three Months Ended March 31, 2024
Depreciation and amortization5,350 2,844 15,684 23,878 
Total assets(1)
3,065,996 1,257,675 1,148,417 5,472,088 
Average employee headcount6,004 4,876 4,110 14,990 
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(1) All cash and cash equivalents are included in All Other and Corporate.