v3.24.3
Revenue Recognition
 9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer REVENUE RECOGNITION
Disaggregated Revenues
The majority of our revenues are related to transportation and have similar characteristics. The following table summarizes our revenues by type of service.
Three Months Ended
September 30,		Nine Months Ended
September 30,
Disaggregated Revenues (in millions)
2024202320242023
Transportation$1,196.7 $1,253.4 $3,625.8 $3,823.5 
Logistics Management53.2 45.2 155.1 135.9 
Other65.8 53.4 170.5 167.8 
Total operating revenues$1,315.7 $1,352.0 $3,951.4 $4,127.2 
Quantitative Disclosure
The following table provides information related to transactions and expected timing of revenue recognition for performance obligations that are fixed in nature and relate to contracts with terms greater than one year as of the date shown.
Remaining Performance Obligations (in millions)
September 30, 2024
Expected to be recognized within one year
Transportation$28.2 
Logistics Management14.3 
Expected to be recognized after one year
Transportation38.9 
Logistics Management9.0 
Total$90.4 
This disclosure does not include revenues related to performance obligations that are part of a contract with an original expected duration of one year or less, nor does it include expected consideration related to performance obligations for which the Company elects to recognize revenue in the amount it has a right to invoice (e.g., usage-based pricing terms).
Information related to contract balances associated with our contracts with customers as of the dates shown is as follows:
Contract Balances (in millions)
September 30, 2024December 31, 2023
Other current assets—Contract assets$27.9 $23.7 
We generally receive payment within 40 days of completion of performance obligations. Contract assets in the table above relate to revenue in transit at the end of the reporting period. We had no contract liabilities related to amounts customers paid in advance of the associated services as of September 30, 2024 and December 31, 2023.