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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets The changes in the carrying amount of the Company’s goodwill by reportable segment for the years ended December 31, 2025 and 2024 are as follows:
| Warehouse |  | Transportation |  | Total
| (In thousands)
December 31, 2023 | $ | 749,653 |  |  | $ | 44,351 |  |  | $ | 794,004 |
Impact of foreign currency translation | (9,962) |  |  | — |  |  | (9,962) |
December 31, 2024 | 739,691 |  |  | 44,351 |  |  | 784,042 |
Goodwill acquired | 38,499 |  |  | — |  |  | 38,499 |
Impact of foreign currency translation | 5,794 |  |  | — |  |  | 5,794 |
December 31, 2025 | $ | 783,984 |  |  | $ | 44,351 |  |  | $ | 828,335 |
Refer to Note 3 - Business Combinations, Asset Acquisitions and Discontinued Operations for details on goodwill recognized during the year ended December 31, 2025. Intangible assets, other than goodwill, are as follows as of December 31, 2025 and 2024:
|  | December 31, 2025 |  | December 31, 2024
Intangible asset |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
|  | (In thousands)
Customer relationships |  | $ | 1,017,469 |  |  | $ | (213,136) |  |  | $ | 804,333 |  |  | $ | 996,419 |  |  | $ | (173,032) |  |  | $ | 823,387 |
Assembled workforce |  | 475 |  |  | (391) |  |  | 84 |  |  | 475 |  |  | (279) |  |  | 196 |
Trade name |  | 16,700 |  |  | (1,623) |  |  | 15,077 |  |  | 16,700 |  |  | (1,623) |  |  | 15,077 |
Total intangible assets, other than goodwill |  | $ | 1,034,644 |  |  | $ | (215,150) |  |  | $ | 819,494 |  |  | $ | 1,013,594 |  |  | $ | (174,934) |  |  | $ | 838,660 |
The change in the gross carrying amount for Customer relationships from December 31, 2024 to December 31, 2025 is due to foreign exchange rate movements of $21.1 million. Refer to Note 2 - Summary of Significant Accounting Policies for additional information regarding the Customer relationships impairment charges recorded during the year ended December 31, 2024. The Company’s remaining Trade name is an indefinite-lived intangible. Amortization expense for the years ended December 31, 2025, 2024 and 2023 was $36.5 million, $36.4 million and $36.9 million, respectively. The Assembled workforce intangible will be fully amortized in 2026. The estimated amortization for the Customer relationships for each of the next five years is approximately $36.0 million and approximately $624.3 million thereafter, based on foreign exchange rates as of December 31, 2025. The Customer relationships weighted average remaining useful life is 24 years as of December 31, 2025.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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