v3.26.1
Financial Information by Segment and Geography
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Financial Information by Segment and Geography Financial Information by Segment and Geography
Segment Information
Quarter Ended June 30, 2026
Operating income (loss) by segment:TruckloadLTLLogisticsIntermodalAll Other SegmentsEliminationsTotal
(In thousands)
Total revenue$1,347,343 $420,148 $139,696 $113,388 $105,564 $(30,427)$2,095,712 
Less 1:
Salaries, wages, and benefits$431,366 $225,261 $6,623 $16,360 $89,894 $(691)$768,813 
Fuel250,290 49,518 — 6,961 592 — 307,361 
Operations and maintenance 2
123,035 28,664 4,169 6,272 (19,455)(6,247)136,438 
Insurance and claims79,356 17,339 841 1,114 1,550 (36)100,164 
Depreciation and amortization of property and equipment135,830 21,856 444 6,206 13,825 — 178,161 
Purchased transportation131,948 9,149 117,533 69,976 4,487 (10,946)322,147 
Other segment items 2 3
106,373 46,702 6,259 5,846 25,104 (12,507)177,777 
Total operating expense$1,258,198 $398,489 $135,869 $112,735 $115,997 $(30,427)$1,990,861 
Operating income (loss)$89,145 $21,659 $3,827 $653 $(10,433)$— $104,851 
Operating ratio93.4%94.8%97.3%99.4%109.9%100.0%95.0%
Quarter Ended June 30, 2025
Operating income (loss) by segment:TruckloadLTLLogisticsIntermodalAll Other SegmentsEliminationsTotal
(In thousands)
Total revenue$1,214,036 $386,854 $128,298 $84,065 $74,446 $(25,759)$1,861,940 
Less 1:
Salaries, wages, and benefits$447,036 $217,698 $6,779 $14,467 $69,202 $(600)$754,582 
Fuel169,711 29,495 — 3,864 496 — 203,566 
Operations and maintenance 2
126,033 27,019 4,619 5,564 (17,659)(5,606)139,970 
Insurance and claims63,222 14,973 715 1,773 4,598 — 85,281 
Depreciation and amortization of property and equipment131,021 24,109 458 5,964 14,986 — 176,538 
Purchased transportation108,577 9,324 103,957 50,537 2,842 (9,515)265,722 
Other segment items 2 3
123,016 45,903 6,223 5,325 (6,764)(10,038)163,665 
Total operating expense$1,168,616 $368,521 $122,751 $87,494 $67,701 $(25,759)$1,789,324 
Operating income (loss)$45,420 $18,333 $5,547 $(3,429)$6,745 $— $72,616 
Operating ratio96.3%95.3%95.7%104.1%90.9%100.0%96.1%
1The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.
2The credits within All Other Segments represent allocations within corporate to the other segments.
3Other segment items for each reportable segment include operating taxes and licenses, communications, amortization of intangibles, rental expense, impairments, and other miscellaneous operating expenses.
Year-to-Date June 30, 2026
Operating income (loss) by segment:TruckloadLTLLogisticsIntermodalAll Other SegmentsEliminationsTotal
(In thousands)
Total revenue$2,549,509 $788,512 $267,304 $206,977 $186,766 $(53,133)$3,945,935 
Less 1:
Salaries, wages, and benefits$855,827 $436,318 $13,133 $31,486 $162,039 $(1,292)$1,497,511 
Fuel441,062 84,716 — 11,783 1,138 — 538,699 
Operations and maintenance 2
240,063 54,479 8,227 11,995 (38,247)(11,606)264,911 
Insurance and claims153,454 47,971 1,453 2,297 4,477 (331)209,321 
Depreciation and amortization of property and equipment271,381 42,925 882 12,344 27,438 — 354,970 
Purchased transportation240,532 14,189 223,390 126,463 11,257 (15,056)600,775 
Other segment items 2 3
220,987 89,820 12,769 11,380 36,205 (24,848)346,313 
Total operating expense$2,423,306 $770,418 $259,854 $207,748 $204,307 $(53,133)$3,812,500 
Operating income (loss)$126,203 $18,094 $7,450 $(771)$(17,541)$— $133,435 
Operating ratio95.0%97.7%97.2%100.4%109.4%100.0%96.6%

Year-to-Date June 30, 2025
Operating income (loss) by segment:TruckloadLTLLogisticsIntermodalAll Other SegmentsEliminationsTotal
(In thousands)
Total revenue$2,406,586 $739,255 $269,919 $175,168 $146,011 $(50,637)$3,686,302 
Less 1:
Salaries, wages, and benefits$879,196 $417,579 $13,538 $29,442 $137,591 $(1,105)$1,476,241 
Fuel342,913 58,659 — 8,229 1,011 — 410,812 
Operations and maintenance 2
245,566 50,119 9,250 12,763 (34,776)(10,580)272,342 
Insurance and claims137,013 28,503 2,293 3,183 6,514 — 177,506 
Depreciation and amortization of property and equipment263,881 47,162 1,073 11,632 30,269 — 354,017 
Purchased transportation214,926 16,922 219,952 104,450 5,699 (18,933)543,016 
Other segment items 2 3
233,071 89,284 13,123 10,710 (13,080)(20,019)313,089 
Total operating expense$2,316,566 $708,228 $259,229 $180,409 $133,228 $(50,637)$3,547,023 
Operating income (loss)$90,020 $31,027 $10,690 $(5,241)$12,783 $— $139,279 
Operating ratio96.3%95.8%96.0%103.0%91.2%100.0%96.2%
1The significant expense categories and amounts align with the segment-level information that is regularly provided to the chief operating decision maker.
2The credits within All Other Segments represent allocations within corporate to the other segments.
3Other segment items for each reportable segment include operating taxes and licenses, communications, amortization of intangibles, rental expense, impairments, and other miscellaneous operating expenses.
Geographical Information
In the aggregate, total revenue from the Company's international operations was less than 5.0% of consolidated total revenue for the quarter and year-to-date periods ended June 30, 2026 and 2025. Additionally, long-lived assets on the Company's international subsidiary balance sheets were less than 5.0% of consolidated total assets as of June 30, 2026 and December 31, 2025.