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Note F - Segment Information

6 Months Ended

Jun. 30, 2022

Notes to Financial Statements

Segment Reporting and Concentration Risk Disclosure [Text Block]

NOTE F: SEGMENT INFORMATION

The Company follows the guidance provided by ASC Topic 280, Segment Reporting, in its identification of operating segments. The Company has determined that it has a total of two operating segments whose primary operations can be characterized as either Truckload Services or Brokerage and Logistics Services; however, in accordance with the aggregation criteria provided by FASB ASC Topic 280, the Company has determined that the operations of the two operating segments can be aggregated into a single reporting segment, Motor Carrier Operations. Truckload Services revenues and Brokerage and Logistics Services revenues, each before fuel surcharges, were as follows:

		Three Months Ended June 30,																Six Months Ended June 30,
		2022								2021								2022								2021
		Amount				%				Amount				%				Amount				%				Amount				%
		(in thousands)

Truckload Services revenue		$	134,698				66.4			$	98,040				67.5			$	259,676				65.1			$	188,398				67.2
Brokerage and Logistics Services revenue			68,041				33.6				47,135				32.5				139,152				34.9				91,918				32.8
Total revenues		$	202,739				100.0			$	145,175				100.0			$	398,828				100.0			$	280,316				100.0

These segment results include of the results of the truckload services and brokerage operations acquired from Metropolitan Trucking, Inc., and related subsidiaries in the business combination discussed in Note P to the condensed consolidated financial statements.