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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
OPERATING REVENUES:      
Operating revenues $ 714,646 $ 810,807 $ 946,862
OPERATING EXPENSES AND COSTS:      
Salaries, wages and benefits 174,491 186,223 181,918
Operating supplies and expenses 136,975 160,527 166,005
Rents and purchased transportation 289,393 315,647 364,971
Depreciation 99,264 64,605 62,806
Impairment Loss 6,406 0 0
Insurance and claims 19,778 30,769 32,516
Other 24,338 23,769 18,128
Loss (gain) on disposition of equipment 766 (1,043) (3,250)
Total operating expenses and costs 751,411 780,497 823,094
OPERATING (LOSS) INCOME (36,765) 30,310 123,768
NON-OPERATING INCOME 8,459 7,446 3,168
INTEREST EXPENSE (13,240) (9,177) (7,929)
(LOSS) INCOME BEFORE INCOME TAXES (41,546) 28,579 119,007
FEDERAL & STATE INCOME TAX (BENEFIT) EXPENSE:      
Current 2,034 7,277 13,794
Deferred (11,785) 2,886 14,541
Total federal & state income tax (benefit) expense (9,751) 10,163 28,335
Net income $ (31,795) $ 18,416 $ 90,672
(LOSS) EARNINGS PER COMMON SHARE:      
Basic (in dollars per share) $ (1.45) $ 0.83 $ 4.08
Diluted (in dollars per share) $ (1.45) $ 0.83 $ 4.04
AVERAGE COMMON SHARES OUTSTANDING:      
Basic (in shares) [1] 21,878 22,056 22,246
Diluted (in shares) [1] 21,878 22,197 22,436
Freight Transportation Service [Member]      
OPERATING REVENUES:      
Operating revenues $ 629,015 $ 706,114 $ 818,751
Fuel Surcharge [Member]      
OPERATING REVENUES:      
Operating revenues $ 85,631 $ 104,693 $ 128,111
[1] As adjusted for the Company’s 2-for-1 forward stock splits paid in March 2022.