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REPORTABLE SEGMENTS (Tables)
3 Months Ended
Mar. 31, 2015
REPORTABLE SEGMENTS  
Schedule of reportable segment information

 

Segment results for the three-months periods ended March 31, 2015 and 2014 were as follows (in millions):

 

 

 

Three-Months Ended

 

 

 

March 31

 

 

 

2015

 

2014

 

Revenue:

 

 

 

 

 

Ocean Transportation

 

$

305.5

 

$

294.6

 

Logistics

 

92.7

 

97.9

 

Total Revenue

 

$

398.2

 

$

392.5

 

Operating Income:

 

 

 

 

 

Ocean Transportation

 

$

43.9

 

$

9.4

 

Logistics

 

1.0

 

0.5

 

Total Operating Income

 

44.9

 

9.9

 

Interest expense, net

 

(4.3

)

(4.1

)

Income before Income Taxes

 

40.6

 

5.8

 

Income taxes

 

(15.6

)

(2.4

)

Net Income

 

$

25.0

 

$

3.4