Business Segments (Tables)

12 Months Ended

Dec. 31, 2013

The following is a summary of operating results, which includes the results of operations of the Mode segment for the entire years ended December 31, 2013 and 2012 and for the period April 1, 2011 to December 31, 2011, and certain other financial data for our business segments (in thousands):


	Twelve Months									Twelve Months
	Ended December 31, 2013									Ended December 31, 2012
	Hub		Mode		Inter- Segment Elims			Hub Group Total		Hub		Mode		Inter- Segment Elims			Hub Group Total
Revenue	$	2,599,763	$	823,159	$	(49,024	)	$	3,373,898	$	2,392,289	$	779,928	$	(48,109	)	$	3,124,108
Transportation costs		2,325,512		726,387		(49,024	)		3,002,875		2,128,942		687,209		(48,109	)		2,768,042

Gross margin		274,251		96,772		—			371,023		263,347		92,719		—			356,066
Costs and expenses:
Salaries and benefits		120,478		14,863		—			135,341		113,855		15,288		—			129,143
Agent fees and commissions		1,372		54,417		—			55,789		1,900		53,212		—			55,112
General and administrative		50,484		6,288		—			56,772		45,411		7,421		—			52,832
Depreciation and amortization		4,326		2,144		—			6,470		4,448		2,171		—			6,619
Impairment of trade name		2,904		—		—			2,904		—		—		—			—

Total costs and expenses		179,564		77,712		—			257,276		165,614		78,092		—			243,706

Operating income	$	94,687	$	19,060	$	—		$	113,747	$	97,733	$	14,627	$	—		$	112,360

Capital expenditures	$	109,412	$	1,505	$	—		$	110,917	$	54,266	$	2,616	$	—		$	56,882


	Twelve Months
	Ended December 31, 2011
	Hub		Mode		Inter- Segment Elims			Hub Group Total
Revenue	$	2,183,914	$	586,251	$	(18,631	)	$	2,751,534
Transportation costs		1,939,263		518,354		(18,631	)		2,438,986

Gross margin		244,651		67,897		—			312,548
Costs and expenses:
Salaries and benefits		107,378		13,666		—			121,044
Agent fees and commissions		2,771		38,720		—			41,491
General and administrative		42,523		7,428		—			49,951
Depreciation and amortization		3,975		1,628		—			5,603

Total costs and expenses		156,647		61,442		—			218,089

Operating income	$	88,004	$	6,455	$	—		$	94,459

Capital expenditures	$	54,683	$	327	$	—		$	55,010

Schedule of Assets


	As of December 31, 2013									As of December 31, 2012
					Inter-			Hub						Inter-			Hub
					Segment			Group						Segment			Group
	Hub		Mode		Elims			Total		Hub		Mode		Elims			Total
Total assets	$	887,848	$	164,071	$	(3,976	)	$	1,047,943	$	759,797	$	163,719	$	(3,663	)	$	919,853
Goodwill	$	233,643	$	29,389	$	—		$	263,032	$	233,862	$	29,389	$	—		$	263,251

Summary of Revenue by Segment and Business Line

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


	Twelve Months									Twelve Months
	Ended December 31, 2013									Ended December 31, 2012
					Inter-			Hub						Inter-			Hub
					Segment			Group						Segment			Group
	Hub		Mode		Elims			Total		Hub		Mode		Elims			Total
Intermodal	$	1,808,001	$	389,186	$	(46,401	)	$	2,150,786	$	1,731,487	$	354,662	$	(43,863	)	$	2,042,286
Truck brokerage		343,641		311,930		(1,453	)		654,118		335,213		318,848		(2,945	)		651,116
Logistics		448,121		122,043		(1,170	)		568,994		325,589		106,418		(1,301	)		430,706

Total revenue	$	2,599,763	$	823,159	$	(49,024	)	$	3,373,898	$	2,392,289	$	779,928	$	(48,109	)	$	3,124,108


	Twelve Months
	Ended December 31, 2011
					Inter-			Hub
					Segment			Group
	Hub		Mode		Elims			Total
Intermodal	$	1,553,594	$	258,087	$	(16,392	)	$	1,795,289
Truck brokerage		339,444		238,418		(1,033	)		576,829
Logistics		290,876		89,746		(1,206	)		379,416

Total revenue	$	2,183,914	$	586,251	$	(18,631	)	$	2,751,534

- 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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