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Segment Reporting
 9 Months Ended
Sep. 30, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Our chief operating decision-maker, who is our Chief Executive Officer, analyzes the results of our business through the following reportable segments: Expedited Freight, Omni Logistics, and Intermodal. Our chief operating decision-maker evaluates the operating results and performance of our segments through segment profit. These financial metrics are used to view operating trends, perform analytical comparisons and benchmark performance between periods and to monitor budget-to-actual variances on a monthly basis. To manage operations and make decisions regarding resource allocations, our chief operating decision-maker is regularly provided and reviews information necessary to make decisions to meet customer demand for our services.

The accounting policies applied to each segment are the same as those described in the Operations and Summary of Significant Accounting Policies as disclosed in Note 1 to the Annual Report on Form 10-K for the year ended December 31, 2024, 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 Corporate.

Segment results from operations for the three and nine months ended September 30, 2025 and 2024 are as follows:

For the Three Months Ended
September 30, 2025		Expedited FreightOmni LogisticsIntermodalCorporateConsolidated
External revenues$234,383 $339,584 $57,796 $— $631,763 
Intersegment revenues24,171 — 536 — 24,707 
258,554 339,584 58,332 — 656,470 
Reconciliation of revenue
Elimination of intersegmental revenues(24,707)
Total consolidated revenues$631,763 
Less:
Purchase transportation125,265 196,312 19,331 189 
Salaries, wages and employee benefits54,403 58,373 14,198 4,935 
Operating leases15,797 29,979 6,288 86 
Depreciation and amortization10,160 22,832 4,382 374 
Insurance and claims10,415 (59)2,900 (537)
Fuel expense2,155 874 1,999 1 
Other operating expenses20,914 21,524 5,132 13,241 
Segment profit (loss)19,445 9,749 4,102 (18,289)15,007 
Reconciliation of segment profit or loss
Interest expense, net(44,775)
Foreign exchange loss (gain)(539)
Other (expense) income, net6,935 
Loss before income taxes$(23,372)
For the Three Months Ended
September 30, 2024		Expedited FreightOmni LogisticsIntermodalCorporateConsolidated
External revenues$264,129 $334,538 $57,270 $— $655,937 
Intersegment revenues20,578 — 142 — 20,720 
284,707 334,538 57,412 — 676,657 
Reconciliation of revenue
Elimination of intersegmental revenues(20,720)
Total consolidated revenues$655,937 
Less:
Purchase transportation140,035 194,853 18,300 2 
Salaries, wages and employee benefits59,426 55,151 14,506 4,432 
Operating leases15,556 27,586 5,668 — 
Depreciation and amortization10,481 10,830 4,582 — 
Insurance and claims11,672 3,488 2,528 (306)
Fuel expense2,113 800 1,942 — 
Other operating expenses26,155 25,943 5,795 (2,329)
Impairment of goodwill— 14,751 — — 
Segment profit (loss)19,269 1,136 4,091 (1,799)22,697 
Reconciliation of segment profit or loss
Interest expense, net(52,770)
Foreign exchange loss (gain)(2,812)
Other (expense) income, net(11)
Loss before income taxes$(32,896)

Revenue from the individual services within the Expedited Freight segment for the three and nine months ended September 30, 2025 and 2024 are as follows:

Three Months EndedNine Months Ended
 September 30, 2025September 30, 2024September 30, 2025September 30, 2024
Expedited Freight revenues:  
Network$194,035 $217,289 $578,026 $655,116 
Truckload42,401 43,635 124,292 125,368 
Other22,118 23,783 63,313 68,800 
Total$258,554 $284,707 $765,631 $849,284 
For the Nine Months Ended
September 30, 2025		Expedited FreightOmni LogisticsIntermodalCorporateConsolidated
External revenues$693,402 $991,370 $179,116 $— $1,863,888 
Intersegment revenues72,229 — 854 — 73,083 
765,631 991,370 179,970 — 1,936,971 
Reconciliation of revenue
Elimination of intersegmental revenues(73,083)
Total consolidated revenues$1,863,888 
Less:
Purchase transportation370,393 567,086 59,556 
Salaries, wages and employee benefits160,918 176,740 45,514 36,142 
Operating leases48,585 82,755 17,402 1,706 
Depreciation and amortization30,896 67,481 13,604 (67)
Insurance and claims31,416 3,804 8,838 (797)
Fuel expense7,144 2,779 6,011 22 
Other operating expenses61,705 70,415 14,986 12,645 
Segment profit (loss)54,574 20,310 14,059 (49,651)39,292 
Reconciliation of segment profit or loss
Interest expense, net(135,648)
Foreign exchange loss (gain)(6,114)
Other (expense) income, net383 
Loss before income taxes$(102,087)
For the Nine Months Ended
September 30, 2024		Expedited FreightOmni LogisticsIntermodalCorporateConsolidated
External revenues$797,483 $871,232 $172,701 $— $1,841,416 
Intersegment revenues51,801 — 302 — 52,103 
849,284 871,232 173,003 — 1,893,519 
Reconciliation of revenue
Elimination of intersegmental revenues(52,103)
Total consolidated revenues$1,841,416 
Less:
Purchase transportation410,307 517,951 54,916 1 
Salaries, wages and employee benefits185,824 161,462 44,487 14,609 
Operating leases45,268 73,464 15,136 3 
Depreciation and amortization31,463 60,937 13,921 — 
Insurance and claims33,293 8,386 7,753 (4,471)
Fuel expense7,128 2,286 6,546 — 
Other operating expenses75,288 72,604 17,250 69,033 
Impairment of goodwill— 1,107,465 — — 
Segment profit (loss)60,713 (1,133,323)12,994 (79,175)(1,138,791)
Reconciliation of segment profit or loss
Interest expense, net(140,788)
Foreign exchange loss (gain)(1,912)
Other (expense) income, net38 
Loss before income taxes$(1,281,453)

Omni Logistics revenues and segment loss in the above table represents the period from January 25, 2024 (the date of
acquisition) through September 30, 2024.

Total assets by segment are as follows:

Total AssetsExpedited FreightOmni LogisticsIntermodalCorporate
Consolidated
As of September 30, 2025$705,267 $1,707,867 $252,744 $128,320 $2,794,198 
As of December 31, 2024691,369 1,726,088 257,323 127,861 2,802,641