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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
OPERATING REVENUES:        
Operating revenues $ 151,134 $ 182,948 $ 306,475 $ 365,540
OPERATING EXPENSES AND COSTS:        
Salaries, wages and benefits 40,851 43,759 81,665 87,822
Operating supplies and expenses 29,028 35,309 60,413 70,020
Rent and purchased transportation 64,866 74,803 127,838 148,082
Depreciation 21,719 18,705 44,315 37,640
Insurance and claims 5,167 5,464 9,948 10,325
Other 4,986 5,752 9,985 12,931
(Gain)/Loss on disposition of equipment (4,414) (139) (7,428) 101
Total operating expenses and costs 162,203 183,653 326,736 366,921
OPERATING LOSS (11,069) (705) (20,261) (1,381)
NON-OPERATING INCOME 2,263 209 4,749 4,147
INTEREST EXPENSE (4,032) (3,284) (8,075) (6,167)
LOSS BEFORE INCOME TAXES (12,838) (3,780) (23,587) (3,401)
FEDERAL AND STATE INCOME TAX (BENEFIT)/EXPENSE:        
Current (3,758) (47) 4,940 59
Deferred 547 (823) (10,757) (831)
Total federal and state income tax (benefit)/expense (3,211) (870) (5,817) (772)
Net loss $ (9,627) $ (2,910) $ (17,770) $ (2,629)
LOSS PER COMMON SHARE:        
Basic (in dollars per share) $ (0.46) $ (0.13) $ (0.83) $ (0.12)
Diluted (in dollars per share) $ (0.46) $ (0.13) $ (0.83) $ (0.12)
Basic (in shares) [1] 21,095 21,932 21,498 21,981
Diluted (in shares) [1] 21,095 21,932 21,498 21,981
Freight Transportation Service [Member]        
OPERATING REVENUES:        
Operating revenues $ 133,806 $ 160,213 $ 270,506 $ 321,182
Fuel Surcharge [Member]        
OPERATING REVENUES:        
Operating revenues $ 17,328 $ 22,735 $ 35,969 $ 44,358
[1] As adjusted for the Company’s 2-for-1 forward stock splits paid in March 2022.