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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Summary of Segment Information

Segment results from operations for the three and nine months ended September 30, 2022 and 2021 are as follows:

						Three Months Ended September 30, 2022
						Expedited Freight						Intermodal												Corporate						Eliminations						Consolidated - Continuing Operations
External revenues						$	395,607					$	114,416											$	—					$	—					$	510,023
Intersegment revenues						28						5												—						(33)						—
Depreciation						6,331						1,782												—						—						8,113
Amortization						1,809						2,347												—						—						4,156
Income (loss) from continuing operations						56,304						16,610												(1,249)						—						71,665
Purchases of property and equipment						6,434						294												—						—						6,728
						Three Months Ended September 30, 2021
						Expedited Freight						Intermodal												Corporate						Eliminations						Consolidated - Continuing Operations
External revenues						$	341,461					$	78,164											$	—					$	—					$	419,625
Intersegment revenues						96						9												—						(105)						—
Depreciation						4,942						841												16						—						5,799
Amortization						1,842						1,775												—						—						3,617
Income (loss) from continuing operations						34,636						8,712												(872)						—						42,476
Purchases of property and equipment						13,769						671												—						—						14,440
						Nine Months Ended September 30, 2022
						Expedited Freight						Intermodal												Corporate						Eliminations						Consolidated - Continuing Operations
External revenues						$	1,180,947					$	311,256											$	—					$	—					$	1,492,203
Intersegment revenues						136						16												—						(152)						—
Depreciation						18,010						4,766												101						—						22,877
Amortization						5,428						6,689												—						—						12,117
Income (loss) from continuing operations						167,091						43,005												(5,535)						—						204,561
Purchases of property and equipment						24,155						1,246												—						—						25,401
						Nine Months Ended September 30, 2021
						Expedited Freight						Intermodal												Corporate						Eliminations						Consolidated - Continuing Operations
External revenues						$	996,769					$	205,786											$	—					$	—					$	1,202,555
Intersegment revenues						709						34												—						(800)						(57)
Depreciation						14,924						2,475												42						—						17,441
Amortization						5,437						5,189												—						—						10,626
Income (loss) from continuing operations						93,854						21,607												(8,137)						—						107,324
Purchases of property and equipment						21,905						1,110												—						—						23,015

Total Assets
As of September 30, 2022						$	698,313					$	304,378											$	183,409					$	(41)					$	1,186,059
As of December 31, 2021						777,987						249,467												90,588						(219)						1,117,823

A reconciliation from the segment information to the consolidated balances for revenues is set forth below:

						Three Months Ended												Nine Months Ended
						September 30, 2022						September 30, 2021						September 30, 2022						September 30, 2021
Intersegment revenues - continuing operations						$	—					$	—					$	—					$	(57)
Intersegment revenues - discontinued operation						—						—						—						57
Consolidated intersegment revenues						$	—					$	—					$	—					$	—

Revenue from the individual services within the Expedited Freight segment for the three and nine months ended September 30, 2022 and 2021 are as follows:

						Three Months Ended												Nine Months Ended
						September 30, 2022						September 30, 2021						September 30, 2022						September 30, 2021
Expedited Freight revenues:
Network						$	240,482					$	199,360					$	726,054					$	579,373
Truckload						55,607						53,651						171,659						162,999
Final Mile						76,822						71,355						215,608						203,494
Other						22,724						17,191						67,762						51,612
Total						$	395,635					$	341,557					$	1,181,083					$	997,478

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- 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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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