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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Financial and Operating Data by Segment

The following tables summarize our financial and operating data by segment for the three months ended September 30, 2025 and September 30, 2024 (in thousands):

Three Months Ended
September 30, 2025
	ITS			Logistics			Eliminations			Total
Operating revenue	$	561,487		$	402,399		$	(29,390	)	$	934,496
Operating expenses
Purchased transportation and warehousing		396,632			316,125			(29,099	)
Salaries and benefits		88,277			31,916
Depreciation and amortization		17,970			8,248
Insurance and claims		8,839			1,170			(291	)
General and administrative		8,768			4,133
Corporate allocations		25,678			17,232
(Gain) / loss on sale of assets, net		(545	)
Total operating expenses		545,619			378,824			(29,390	)		895,053
Operating income	$	15,868		$	23,575		$	-		$	39,443

Three Months Ended
September 30, 2024
	ITS			Logistics			Eliminations			Total
Operating revenue	$	559,968		$	460,847		$	(33,923	)	$	986,892
Operating expenses
Purchased transportation and warehousing		401,482			372,185			(33,603	)
Salaries and benefits		85,575			34,750
Depreciation and amortization		17,896			8,565
Insurance and claims		7,848			1,443			(320	)
General and administrative		7,861			5,139
Corporate allocations		26,059			19,966
(Gain) / loss on sale of assets, net		(269	)		216
Total operating expenses		546,452			442,264			(33,923	)		954,793
Operating income	$	13,516		$	18,583		$	-		$	32,099

The following tables summarize our financial and operating data by segment for the nine months ended September 30, 2025 and September 30, 2024 (in thousands):

Nine Months Ended
September 30, 2025
	ITS			Logistics			Eliminations			Total
Operating revenue	$	1,619,693		$	1,217,710		$	(82,043	)	$	2,755,360
Operating expenses
Purchased transportation and warehousing		1,124,594			954,053			(81,165	)
Salaries and benefits		265,524			99,329
Depreciation and amortization		56,059			24,784
Insurance and claims		27,162			3,629			(878	)
General and administrative		25,637			14,853
Corporate allocations		76,869			54,258
(Gain) / loss on sale of assets, net		(477	)
Total operating expenses		1,575,368			1,150,906			(82,043	)		2,644,231
Operating income	$	44,325		$	66,804		$	-		$	111,129

Nine Months Ended
September 30, 2024
	ITS			Logistics			Eliminations			Total
Operating revenue	$	1,673,034		$	1,400,159		$	(100,313	)	$	2,972,880
Operating expenses
Purchased transportation and warehousing		1,186,816			1,120,035			(99,325	)
Salaries and benefits		255,132			104,486
Depreciation and amortization		65,999			25,406
Insurance and claims		27,703			4,770			(988	)
General and administrative		21,953			16,847
Corporate allocations		76,397			59,853
(Gain) / loss on sale of assets, net		(1,152	)		182
Total operating expenses		1,632,848			1,331,579			(100,313	)		2,864,114
Operating income	$	40,186		$	68,580		$	-		$	108,766

Schedule of revenues from External Customers by Geographic Region

The following table summarizes our revenue from external customers by geographic region (in thousands):

	Three Months Ended								Nine Months Ended
	September 30,								September 30,
	2025				2024				2025				2024
United States	$	905,799			$	986,746			$	2,674,843			$	2,972,486
Mexico		28,697				146				80,517				394
Revenue from external customers	$	934,496			$	986,892			$	2,755,360			$	2,972,880

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

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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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
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-Name Accounting Standards Codification
-Topic 280
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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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