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Segment Reporting
3 Months Ended
Mar. 31, 2021
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
The Company has two reportable segments: Expedited Freight and Intermodal. The Company evaluates segment performance based on income from operations. Segment results include intersegment revenues and shared costs.  Costs related to the corporate headquarters, shared services and shared assets, such as trailers, are allocated to each segment based on usage. Shared assets are not allocated to each segment, but rather the shared assets, such as trailers, are allocated to the Expedited Freight segment.

The accounting policies applied to each segment are the same as those described in the Summary of Significant Accounting Policies as disclosed in Note 1 to the Annual Report on Form 10-K for the year ended December 31, 2020, except for certain self-insurance loss reserves related to vehicle liability and workers’ compensation. Each segment is allocated an insurance premium and deductible that corresponds to the self-insured retention limit for that particular segment. Any self-insurance loss exposure beyond the deductible allocated to each segment is recorded in Eliminations & Other.      

Segment results from operations for the three months ended March 31, 2021 and 2020 are as follows:
 Three Months Ended March 31, 2021
 Expedited FreightIntermodalEliminations & OtherConsolidated
External revenues$303,531 $58,502 $— $362,033 
Intersegment revenues655 12 (498)169 
Depreciation4,993 799 5,795 
Amortization1,805 1,637 — 3,442 
Income (loss) from continuing operations24,530 4,509 (6,315)22,724 
Purchases of property and equipment2,411 284 — 2,695 
 Three Months Ended March 31, 2020
 Expedited FreightIntermodalEliminations & OtherConsolidated
External revenues$253,140 $52,455 $— $305,595 
Intersegment revenues485 (528)(38)
Depreciation4,908 1,053 18 5,979 
Amortization1,787 1,568 — 3,355 
Income (loss) from continuing operations15,179 3,713 (3,120)15,772 
Purchases of property and equipment2,405 246 — 2,651 
Total Assets
As of March 31, 2021$934,602 $204,178 $(122,879)$1,015,901 
As of December 31, 2020905,081 221,963 (153,750)973,294 
                    
Revenue from the individual services within the Expedited Freight segment for the three months ended March 31, 2021 and 2020 are as follows:
 Three Months Ended
 March 31,
2021
March 31,
2020
Expedited Freight revenue: 
Network$178,627 $152,009 
Truckload52,380 47,529 
Final Mile62,256 47,802 
Other10,923 6,285 
Total$304,186 $253,625