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Long-Term Debt and Financing Arrangements (Tables)
 9 Months Ended
Sep. 30, 2016
Debt Disclosure [Abstract]  
Schedule of Outstanding Debt

We have entered into various Equipment Notes (“Notes”) for the purchase of tractors and containers.  The Notes are secured by the underlying equipment financed in the agreements.

 

Period Ended

 

 

September 30,

 

 

December 31,

 

 

2016

 

 

2015

 

 

 

 

 

 

 

 

 

Secured Equipment Notes due on various dates in 2021 with monthly principal and interest payments between $0.01 million and $0.3 million commencing on various dates in 2016; interest is paid monthly at a fixed annual rate between 2.04% and 2.28%

$

35,269

 

 

$

-

 

 

 

 

 

 

 

 

 

Secured Equipment Notes due on various dates in 2020 with monthly principal and interest payments between $0.04 million and $0.4 million commencing on various dates in 2015 and 2016; interest is paid monthly at a fixed annual rate between 1.72% and 2.26%

 

51,880

 

 

 

61,206

 

 

 

 

 

 

 

 

 

Secured Equipment Notes due on various dates in 2019 with monthly principal and interest payments between $0.08 million and $0.4 million commencing on various dates in 2014; interest is paid monthly at a fixed annual rate between 1.87% and 2.24%

 

53,971

 

 

 

67,486

 

 

 

 

 

 

 

 

 

Secured Equipment Notes due in June 2018 with quarterly principal and interest payments of $0.5 million commencing in August 2013; interest is paid quarterly at a fixed annual rate between 1.9% and 2.0%

 

3,210

 

 

 

4,612

 

 

 

144,330

 

 

 

133,304

 

 

 

 

 

 

 

 

 

Less current portion

 

(39,769

)

 

 

(32,409

)

Total long-term debt

$

104,561

 

 

$

100,895