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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Information

Segment results from operations for the three and six months ended June 30, 2024 and 2023 are as follows:

						Three Months Ended June 30, 2024
						Expedited Freight						Intermodal						Omni Logistics						Corporate						Eliminations						Consolidated
External revenues						$	272,600					$	59,210					$	311,856					$	—											$	643,666
Intersegment revenues						18,682						89						—						—						(18,771)						—
Depreciation						9,240						2,148						3,521						—						—						14,909
Amortization						1,452						2,564						29,714						—						—						33,730
Income (loss) from operations						21,946						5,317						(1,105,871)						(17,147)						—						(1,095,755)
Purchases of property and equipment						7,663						28						6,735						—						—						14,426
						Three Months Ended June 30, 2023
						Expedited Freight						Intermodal						Omni Logistics						Corporate						Eliminations						Consolidated
External revenues						$	269,397					$	64,225					$	—					$	—					$	—					$	333,622
Intersegment revenues						39						26						—						—						(65)						—
Depreciation						7,436						2,245						—						—						—						9,681
Amortization						1,003						2,561						—						—						—						3,564
Income (loss) from operations						27,063						4,312						—						(5,050)						—						26,325
Purchases of property and equipment						9,930						387						—						—						—						10,317

Revenue from the individual services within the Expedited Freight segment for the three and six months ended June 30, 2024 and 2023 are as follows:

						Three Months Ended												Six Months Ended
						June 30, 2024						June 30, 2023						June 30, 2024						June 30, 2023
Expedited Freight revenues:
Network						$	223,334					$	205,762					$	437,827					$	411,693
Truckload						44,678						40,432						81,732						82,176
Other						23,270						23,242						45,018						45,144
Total						$	291,282					$	269,436					$	564,577					$	539,013

						Six Months Ended June 30, 2024
						Expedited Freight						Intermodal						Omni Logistics						Corporate						Eliminations						Consolidated
External revenues						$	533,353					$	115,432					$	536,694					$	—											$	1,185,479
Intersegment revenues						31,224						159						—						—						(31,383)						—
Depreciation						18,253						4,215						6,119																		28,587
Amortization						2,729						5,124						43,985																		51,838
Income (loss) from operations						41,444						8,903						(1,134,456)						(77,378)						—						(1,161,487)
Purchases of property and equipment						8,925						1,550						8,921						—						—						19,396
						Six Months Ended June 30, 2023
						Expedited Freight						Intermodal						Omni Logistics						Corporate						Eliminations						Consolidated
External revenues						$	538,944					$	152,387					$	—					$	—					$	—					$	691,331
Intersegment revenues						69						33						—						—						(102)						—
Depreciation						14,105						4,430						—						—						—						18,535
Amortization						1,960						5,122						—						—						—						7,082
Income (loss) from operations						56,748						15,515						—						1,258						—						73,521
Purchases of property and equipment						16,273						563						—						—						—						16,836
Total Assets
As of June 30, 2024						$	657,434					$	261,170					$	1,959,593					$	189,133					$	(14)					$	3,067,316
As of December 31, 2023						661,270						270,421						—						2,047,901						(59)						2,979,533

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 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: 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 3: 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

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X

- References

No definition available.

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