XML 39 R28.htm IDEA: XBRL DOCUMENT v3.23.3

Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Information

Segment results from operations for the three and nine months ended September 30, 2023 and 2022 are as follows:

						Three Months Ended September 30, 2023
						Expedited Freight						Intermodal												Corporate						Eliminations						Consolidated
External revenues						$	351,312					$	62,135											$	—					$	—					$	413,447
Intersegment revenues						34						48												—						(82)						—
Depreciation						8,372						2,626												—						—						10,998
Amortization						1,947						2,561												—						—						4,508
Income (loss) from operations						36,351						4,744												(25,602)						—						15,493
Purchases of property and equipment						5,822						21												—						—						5,843
						Three Months Ended September 30, 2022
						Expedited Freight						Intermodal												Corporate						Eliminations						Consolidated
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 operations						56,304						16,610												(1,249)						—						71,665
Purchases of property and equipment						6,434						294												—						—						6,728

						Nine Months Ended September 30, 2023
						Expedited Freight						Intermodal												Corporate						Eliminations						Consolidated
External revenues						$	1,028,173					$	214,522											$	—					$	—					$	1,242,695
Intersegment revenues						103						81												—						(184)						—
Depreciation						23,121						7,056												—						—						30,177
Amortization						5,794						7,683												—						—						13,477
Income (loss) from operations						100,298						20,259												(24,344)						—						96,213
Purchases of property and equipment						22,834						584												—						—						23,418
						Nine Months Ended September 30, 2022
						Expedited Freight						Intermodal												Corporate						Eliminations						Consolidated
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 operations						167,091						43,005												(5,535)						—						204,561
Purchases of property and equipment						24,155						1,246												—						—						25,401
Total Assets
As of September 30, 2023						$	811,940					$	277,629											$	101,082					$	(70)					$	1,190,581
As of December 31, 2022						683,386						322,001												202,756						(67)						1,208,076

Revenue from the individual services within the Expedited Freight segment for the three and nine months ended September 30, 2023 and 2022 are as follows:

						Three Months Ended												Nine Months Ended
						September 30, 2023						September 30, 2022						September 30, 2023						September 30, 2022
Expedited Freight revenues:
Network						$	216,977					$	240,482					$	628,670					$	726,054
Truckload						38,800						55,607						120,976						171,659
Final Mile						72,471						76,822						210,388						215,608
Other						23,098						22,724						68,242						67,762
Total						$	351,346					$	395,635					$	1,028,276					$	1,181,083

X

- 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
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-1

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-25

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-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

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration