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Note 17 - Operating Segments
 12 Months Ended
Dec. 31, 2011
Segment Reporting Disclosure [Text Block] 17.  Operating Segments
The Company has three reportable segments based on the type of service provided, to its customers:

Expedited Transportation— provides time critical expedited transportation to its customers. This typically involves dedicating one truck to a load which has a specified time delivery requirement. Most of the services provided are completed through a fleet of exclusive use vehicles that are owned and operated by independent contract drivers. The use of non-owned resources to provide transportation services minimizes the amount of capital investment required and is often described with the terms “non-asset” or “asset-light”.

Freight Forwarding— provides freight forwarding services through a chain of independently owned stations located throughout the United States, along with our two CGL-owned CGL International branches. These stations are responsible for selling and operating freight forwarding transportation services within their geographic area under the authority of CGL. In October of 2009, certain assets and liabilities of LRG International (currently CGL International) were purchased to complement the operations of CGL.

Freight Brokerage— provides premium truckload brokerage transportation services to its customers throughout the United States.

The costs of the Company’s board of directors, executive team and certain corporate costs associated with operating as a public company are referred to as “corporate” charges. In addition to the aforementioned items, the Company also commonly records items such as its income tax provision and other charges that are reported on a consolidated basis within the corporate classification item.

The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies. The Company evaluates performance based on operating income of the respective business segments.

The following schedule identifies select financial data for each of the business segments.

XPO Logistics, Inc.

     Operating Segment Data

Year Ended December 31, 2011
 
Expedited
Transportation
   
Freight
Forwarding
   
Freight
Brokerage
   
Corporate
   
Eliminations
   
Total
Continuing
Operations
   
Discontinued
Operations
E-1 Dedicated
 
Revenues
  $ 87,558,000     $ 65,148,000     $ 29,186,000     $ -     $ (4,816,000 )   $ 177,076,000        
Operating income (loss) from continuing operations
    8,199,000       1,545,000       1,305,000       (9,325,000 )             1,724,000        
Depreciation and amortization
    596,000       576,000       44,000       24,000               1,240,000        
Interest expense
    4,000       150,000       33,000       4,000               191,000        
Tax provision (benefit)
    356,000       -       42,000       320,000               718,000        
Goodwill
    7,737,000       9,222,000       -       -               16,959,000        
Total assets
    22,448,000       23,394,000       4,854,000       97,667,000       (20,722,000 )     127,641,000        
Year Ended December 31, 2010
                                                     
Revenues
  $ 76,644,000     $ 65,222,000     $ 19,994,000     $ -     $ (3,873,000 )   $ 157,987,000        
Operating income (loss) from continuing operations
    7,606,000       1,882,000       865,000       (1,907,000 )             8,446,000        
Depreciation and amortization
    686,000       629,000       31,000       19,000               1,365,000        
Interest expense
    -       171,000       31,000       3,000               205,000        
Tax provision
    2,382,000       529,000       262,000       40,000               3,213,000        
Goodwill
    7,737,000       9,222,000       -       -               16,959,000        
Total assets
    24,509,000       25,106,000       4,836,000       25,867,000       (23,646,000 )     56,672,000        
Year Ended December 31, 2009
                                                     
Revenues
  $ 50,642,000     $ 41,162,000     $ 10,425,000     $ -     $ (2,093,000 )   $ 100,136,000     $ 666,000  
Operating income (loss) from continuing operations
    3,446,000       1,121,000       458,000       (1,854,000 )             3,171,000       28,000  
Depreciation and amortization
    711,000       452,000       27,000       -               1,190,000       1,000  
Interest expense
    -       76,000       24,000       5,000               105,000       -  
Tax provision
    -       -       -       1,325,000               1,325,000       13,000  
Goodwill
    7,737,000       9,222,000       -       -               16,959,000       -  
Total assets
    23,381,000       23,509,000       2,150,000       16,858,000       (16,859,000 )     49,039,000       -