Business Segments (Tables)

9 Months Ended

Sep. 30, 2012

The following is a summary of operating results and certain other financial data for our business segments (in thousands):


	Three Months Ended September 30, 2012									Three Months Ended September 30, 2011
	Hub		Mode		Inter- Segment Elims			Hub Group Total		Hub		Mode		Inter- Segment Elims			Hub Group Total
Revenue	$	619,336	$	199,903	$	(14,351	)	$	804,888	$	560,810	$	197,761	$	(6,392	)	$	752,179
Transportation costs		552,071		175,581		(14,351	)		713,301		497,204		174,666		(6,392	)		665,478

Gross margin		67,265		24,322		—			91,587		63,606		23,095		—			86,701

Costs and expenses:
Salaries and benefits		27,852		3,533		—			31,385		26,884		5,118		—			32,002
Agent fees and commissions		401		13,409		—			13,810		660		13,224		—			13,884
General and administrative		12,566		1,864		—			14,430		10,141		2,471		—			12,612
Depreciation and amortization		1,118		493		—			1,611		1,003		557		—			1,560

Total costs and expenses		41,937		19,299		—			61,236		38,688		21,370		—			60,058

Operating income	$	25,328	$	5,023	$	—		$	30,351	$	24,918	$	1,725	$	—		$	26,643

Capital expenditures	$	11,853	$	1,775	$	—		$	13,628	$	19,996	$	105	$	—		$	20,101


	Nine Months Ended September 30, 2012									Nine Months Ended September 30, 2011
	Hub		Mode		Inter- Segment Elims			Hub Group Total		Hub		Mode		Inter- Segment Elims			Hub Group Total
Revenue	$	1,778,436	$	581,378	$	(36,729	)	$	2,323,085	$	1,606,607	$	391,009	$	(8,857	)	$	1,988,759
Transportation costs		1,584,844		512,283		(36,729	)		2,060,398		1,423,108		345,771		(8,857	)		1,760,022

Gross margin		193,592		69,095		—			262,687		183,499		45,238		—			228,737

Costs and expenses:
Salaries and benefits		84,523		11,597		—			96,120		81,796		9,729		—			91,525
Agent fees and commissions		1,526		39,580		—			41,106		2,049		26,351		—			28,400
General and administrative		34,004		5,737		—			39,741		32,464		5,059		—			37,523
Depreciation and amortization		3,338		1,670		—			5,008		2,890		1,078		—			3,968

Total costs and expenses		123,391		58,584		—			181,975		119,199		42,217		—			161,416

Operating income	$	70,201	$	10,511	$	—		$	80,712	$	64,300	$	3,021	$	—		$	67,321

Capital expenditures	$	32,175	$	2,496	$	—		$	34,671	$	35,250	$	132	$	—		$	35,382

Summary of Revenue by Segment and Business Line

The following tables summarize our revenue by segment and business line (in thousands):


	Three Months Ended September 30, 2012									Three Months Ended September 30, 2011
	Hub		Mode		Inter- Segment Elims			Hub Group Total		Hub		Mode		Inter- Segment Elims			Hub Group Total
Intermodal	$	444,760	$	92,552	$	(13,240	)	$	524,072	$	401,759	$	87,852	$	(5,703	)	$	483,908
Truck brokerage		87,782		79,746		(717	)		166,811		83,116		81,452		(389	)		164,179
Logistics		86,794		27,605		(394	)		114,005		75,935		28,457		(300	)		104,092

Total revenue	$	619,336	$	199,903	$	(14,351	)	$	804,888	$	560,810	$	197,761	$	(6,392	)	$	752,179

The following tables summarize our revenue by segment and business line (in thousands):


	Nine Months Ended September 30, 2012									Nine Months Ended September 30, 2011
	Hub		Mode		Inter- Segment Elims			Hub Group Total		Hub		Mode		Inter- Segment Elims			Hub Group Total
Intermodal	$	1,280,825	$	260,823	$	(33,414	)	$	1,508,234	$	1,134,738	$	164,405	$	(7,795	)	$	1,291,348
Truck brokerage		247,900		241,062		(2,259	)		486,703		257,566		162,546		(762	)		419,350
Logistics		249,711		79,493		(1,056	)		328,148		214,303		64,058		(300	)		278,061

Total revenue	$	1,778,436	$	581,378	$	(36,729	)	$	2,323,085	$	1,606,607	$	391,009	$	(8,857	)	$	1,988,759

Schedule of Assets


	As of September 30, 2012									As of December 31, 2011
	Hub		Mode		Inter- Segment Elims			Hub Group Total		Hub		Mode		Inter- Segment Elims			Hub Group Total
Total assets	$	797,194	$	163,815	$	(4,467	)	$	956,542	$	684,609	$	162,972	$	(4,897	)	$	842,684
Goodwill	$	233,917	$	29,389	$	—		$	263,306	$	234,081	$	29,389	$	—		$	263,470

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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