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SEGMENTS (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Reportable Segment Information

Reportable segment information is as follows (in thousands):

Three Months Ended March 31, 2026						Transportation Solutions						Parts & Services												Corporate and Eliminations						Consolidated
Net sales
External customers						$	249,456					$	53,773											$	—					$	303,229
Intersegment sales						720						296												(1,016)						—
Total net sales						250,176						54,069												(1,016)						303,229
Cost of sales						265,692						49,128												(1,016)						313,804
Gross (loss) profit						(15,516)						4,941												—						(10,575)
Other operating expenses (1)						21,833						1,138												18,813						41,784
(Loss) income from operations						$	(37,349)					$	3,803											$	(18,813)					$	(52,359)
Depreciation and amortization						$	11,636					$	2,314											$	1,079					$	15,029
Three Months Ended March 31, 2025						Transportation Solutions						Parts & Services												Corporate and Eliminations						Consolidated
Net sales
External customers						$	329,048					$	51,842											$	—					$	380,890
Intersegment sales						17,755						113												(17,868)						—
Total net sales						346,803						51,955												(17,868)						380,890
Cost of sales						338,389						41,366												(17,868)						361,887
Gross profit						8,414						10,589												—						19,003
Other operating expenses (1)						18,212						3,679												(317,439)						(295,548)
(Loss) income from operations						$	(9,798)					$	6,910											$	317,439					$	314,551
Depreciation and amortization						$	12,705					$	1,177											$	1,150					$	15,032
___________________

(1) Other operating expenses include General and administrative expenses, Selling expenses, Amortization of intangible assets and Impairment and other, net.

Schedule of Major Product Categories and Percentage of Consolidated Net Sales

The following table sets forth the major product categories and their percentage of consolidated net sales (dollars in thousands):

Three Months Ended March 31, 2026						Transportation Solutions						Parts & Services												Eliminations						Consolidated
New trailers						$	205,447					$	—											$	(514)					$	204,933					67.6		%
Used trailers						—						1,044												—						1,044						0.3		%
Components, parts and services						—						33,086												—						33,086						10.9		%
Equipment and other						44,729						19,939												(502)						64,166						21.2		%
Total net sales						$	250,176					$	54,069											$	(1,016)					$	303,229					100.0		%
Three Months Ended March 31, 2025						Transportation Solutions						Parts & Services												Eliminations						Consolidated
New trailers						$	251,045					$	—											$	(17,670)					$	233,375					61.3		%
Used trailers						—						1,500												—						1,500						0.4		%
Components, parts and services						—						31,502																		31,502						8.3		%
Equipment and other						95,758						18,953												(198)						114,513						30.1		%
Total net sales						$	346,803					$	51,955											$	(17,868)					$	380,890					100.0		%

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-40

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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
-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
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-Paragraph 22
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-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

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-Name Accounting Standards Codification
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