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REPORTABLE SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2014
REPORTABLE SEGMENTS  
Reportable Segment results

Segment results for the three-months ended March 31, 2014 and 2013 were as follows (in millions):

 

 

 

Three-Months Ended

 

 

 

March 31,

 

 

 

2014

 

2013

 

Revenue:

 

 

 

 

 

Ocean transportation

 

$

294.6

 

$

299.9

 

Logistics

 

97.9

 

94.8

 

Total revenue

 

$

392.5

 

$

394.7

 

Operating Income:

 

 

 

 

 

Ocean transportation

 

$

9.4

 

$

18.5

 

Logistics

 

0.5

 

0.2

 

Total operating income

 

9.9

 

18.7

 

Interest expense, net

 

(4.1

)

(3.7

)

Income before income taxes

 

5.8

 

15.0

 

Income taxes

 

(2.4

)

(5.9

)

Net income

 

$

3.4

 

$

9.1