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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Information

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

						Three Months Ended September 30, 2024
						Expedited Freight						Intermodal						Omni Logistics						Corporate						Eliminations						Consolidated
External revenues						$	264,129					$	57,270					$	334,538					$	—					$	—					$	655,937
Intersegment revenues						20,578						142						—						—						(20,720)						—
Depreciation						9,029						2,020						3,346						—						—						14,395
Amortization						1,452						2,562						7,484						—						—						11,498
Income (loss) from operations						19,269						4,091						1,136						(1,799)						—						22,697
Purchases of property and equipment						7,577						79						2,758						—						—						10,414
						Three Months Ended September 30, 2023
						Expedited Freight						Intermodal						Omni Logistics						Corporate						Eliminations						Consolidated
External revenues						$	278,841					$	62,135					$	—					$	—					$	—					$	340,976
Intersegment revenues						34						48						—						—						(82)						—
Depreciation						8,018						2,626						—						—						—						10,644
Amortization						1,004						2,561						—						—						—						3,565
Income (loss) from operations						32,547						4,744						—						(25,602)						—						11,689
Purchases of property and equipment						5,223						21						—						—						—						5,244

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

						Three Months Ended												Nine Months Ended
						September 30, 2024						September 30, 2023						September 30, 2024						September 30, 2023
Expedited Freight revenues:
Network						$	217,289					$	216,977					$	655,116					$	628,670
Truckload						43,635						38,800						125,368						120,976
Other						23,783						23,098						68,800						68,242
Total						$	284,707					$	278,875					$	849,284					$	817,888

						Nine Months Ended September 30, 2024
						Expedited Freight						Intermodal						Omni Logistics						Corporate						Eliminations						Consolidated
External revenues						$	797,483					$	172,701					$	871,232					$	—					$	—					$	1,841,416
Intersegment revenues						51,801						302						—						—						(52,103)						—
Depreciation						27,282						6,234						9,468						—						—						42,984
Amortization						4,181						7,687						51,469						—						—						63,337
Income (loss) from operations						60,713						12,994						(1,133,323)						(79,175)						—						(1,138,791)
Purchases of property and equipment						16,502						1,629						11,679						—						—						29,810
						Nine Months Ended September 30, 2023
						Expedited Freight						Intermodal						Omni Logistics						Corporate						Eliminations						Consolidated
External revenues						$	817,785					$	214,522					$	—					$	—					$	—					$	1,032,307
Intersegment revenues						103						81						—						—						(184)						—
Depreciation						22,123						7,056						—						—						—						29,179
Amortization						2,964						7,683						—						—						—						10,647
Income (loss) from operations						89,295						20,259						—						(24,344)						—						85,210
Purchases of property and equipment						21,496						584						—						—						—						22,080
Total Assets
As of September 30, 2024						$	674,896					$	261,081					$	1,971,503					$	148,378					$	(18)					$	3,055,840
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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- References

No definition available.

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