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Note 10 - Revenue and Business Segments (Tables)

3 Months Ended

Mar. 31, 2025

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		Three Months
		Ended March 31,
(In thousands)		2025				2024
Operating revenue:
Truckload revenue, net of fuel surcharge revenue		$	90,106			$	95,022
Truckload fuel surcharge revenue			14,285				16,529
Total Truckload revenue			104,391				111,551

Dedicated revenue, net of fuel surcharge revenue			62,405				71,738
Dedicated fuel surcharge revenue			11,220				14,722
Total Dedicated revenue			73,625				86,460

Intermodal revenue, net of fuel surcharge revenue			10,268				13,281
Intermodal fuel surcharge revenue			1,849				2,691
Total Intermodal revenue			12,117				15,972

Brokerage revenue			33,019				35,689
Total operating revenue		$	223,152			$	249,672

Operating income/(loss):
Truckload		$	(300	)		$	489
Dedicated			4,854				9,258
Intermodal			(855	)			(194	)
Brokerage			2,160				2,697
Total operating income		$	5,859			$	12,250

Three Months Ended March 31, 2025 Segment Operating Results

(In thousands)		Truckload				Dedicated				Intermodal				Brokerage				Total
Operating revenue		$	104,391			$	73,625			$	12,117			$	33,019			$	223,152
Operating expense (income):
Salaries, wages and benefits			43,430				31,434				2,148				1,788				78,800
Purchased transportation			1,055				2,344				6,552				27,705				37,656
Fuel and fuel taxes			20,453				11,747				917				-				33,117
Supplies and maintenance			10,249				4,532				730				2				15,513
Depreciation			16,054				9,551				1,359				506				27,470
Operating taxes and licenses			1,367				967				62				21				2,417
Insurance and claims			7,486				5,345				351				195				13,377
Communications and utilities			1,265				746				55				213				2,279
Gain on disposition of revenue equipment			(915	)			(708	)			(42	)			-				(1,665	)
Other			4,247				2,813				840				429				8,329
Total operating expenses			104,691				68,771				12,972				30,859				217,293
Operating income/(loss)		$	(300	)		$	4,854			$	(855	)		$	2,160			$	5,859

Operating ratio			100.3	%			93.4	%			107.1	%			93.5	%			97.4	%
Operating ratio, net of fuel surcharges			100.3	%			92.2	%			108.3	%			93.5	%			97.0	%

Three Months Ended March 31, 2024 Segment Operating Results

(In thousands)		Truckload				Dedicated				Intermodal				Brokerage				Total
Operating revenue		$	111,551			$	86,460			$	15,972			$	35,689			$	249,672
Operating expense (income):
Salaries, wages and benefits			48,080				35,746				3,069				1,867				88,762
Purchased transportation			1,176				2,745				8,082				29,811				41,814
Fuel and fuel taxes			23,322				15,000				1,239				-				39,561
Supplies and maintenance			10,221				5,007				847				(5	)			16,070
Depreciation			16,104				10,326				1,576				521				28,527
Operating taxes and licenses			1,362				1,044				89				80				2,575
Insurance and claims			6,369				4,791				376				121				11,657
Communications and utilities			1,295				796				68				212				2,371
Gain on disposition of revenue equipment			(628	)			(500	)			(43	)			-				(1,171	)
Other			3,761				2,247				863				385				7,256
Total operating expenses			111,062				77,202				16,166				32,992				237,422
Operating income/(loss)		$	489			$	9,258			$	(194	)		$	2,697			$	12,250

Operating ratio			99.6	%			89.3	%			101.2	%			92.4	%			95.1	%
Operating ratio, net of fuel surcharges			99.5	%			87.1	%			101.5	%			92.4	%			94.3	%