v3.26.1
Pay vs Performance Disclosure - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
The following table presents information about our NEOs’ pay and Company performance for each of the Company’s five most recently completed fiscal years.
PAY VERSUS PERFORMANCE TABLE
Value of Initial Fixed $100 Investment Based On:
Year
Summary
Compensation
Table Total for
CEO ($) (1)
Compensation
Actually Paid
to CEO ($) (1)(2)
Average
Summary
Compensation
Table Total
for Non-CEO
NEOs ($) (3)
Average
Compensation
Actually Paid
to Non-CEO
NEOs ($) (2)(3)
Total
Share-
holder
Return
($)
Peer Group
Total
Share-
holder
Return
($) (4)
Net
Income
(Loss) ($)
(in 000’s)
Operating
Income ($)
(in 000’s)
20256,048,549 5,872,027 1,220,803 1,121,419 82 135 (22,998)11,657 
20245,824,493 2,635,157 1,558,029 1,147,387 96 132 33,570 66,148 
20235,446,752 3,516,805 1,113,639 899,065 112 144 112,290 176,416 
20225,460,198 2,465,428 1,094,807 701,308 105 126 245,580 323,076 
20215,314,351 8,798,833 1,133,218 1,587,300 123 142 261,478 309,146 
​
(1)
Represents compensation of Mr. Leathers for all periods presented.
(2)
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine “compensation actually paid.” The Reconciliation of Compensation Actually Paid Adjustments table below details the applicable adjustments that were made to determine “compensation actually paid” (all amounts are averages for the non-CEO NEOs).
(3)
The following NEOs are included in the average compensation calculations for the periods presented:
2025 and 2024 – Messrs. Wikoff, Meisgeier, Downing, and Mahon;
2023 – Messrs. Wikoff, Meisgeier, Schelble, Johnson, and John J. Steele. Mr. Steele was the former EVP, Treasurer and Chief Financial Officer; and
2022 and 2021 – Messrs. Steele, Nordlund, Schelble, and Johnson. Mr. Nordlund was the former EVP Strategic Partnerships.
(4)
The Peer Group includes the following companies: Covenant Logistics Group; Heartland Express; Hub Group; J.B. Hunt; Knight-Swift Transportation; Landstar System; Marten Transport; and Schneider National.
       
Named Executive Officers, Footnote
Represents compensation of Mr. Leathers for all periods presented.
The following NEOs are included in the average compensation calculations for the periods presented:
2025 and 2024 – Messrs. Wikoff, Meisgeier, Downing, and Mahon;
2023 – Messrs. Wikoff, Meisgeier, Schelble, Johnson, and John J. Steele. Mr. Steele was the former EVP, Treasurer and Chief Financial Officer; and
2022 and 2021 – Messrs. Steele, Nordlund, Schelble, and Johnson. Mr. Nordlund was the former EVP Strategic Partnerships.
        
Peer Group Issuers, Footnote The Peer Group includes the following companies: Covenant Logistics Group; Heartland Express; Hub Group; J.B. Hunt; Knight-Swift Transportation; Landstar System; Marten Transport; and Schneider National.        
PEO Total Compensation Amount $ 6,048,549 $ 5,824,493 $ 5,446,752 $ 5,460,198 $ 5,314,351
PEO Actually Paid Compensation Amount $ 5,872,027 2,635,157 3,516,805 2,465,428 8,798,833
Adjustment To PEO Compensation, Footnote
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine “compensation actually paid.” The Reconciliation of Compensation Actually Paid Adjustments table below details the applicable adjustments that were made to determine “compensation actually paid” (all amounts are averages for the non-CEO NEOs).
The following table reconciles total compensation reported in the Summary Compensation Table to “compensation actually paid” for the CEO and non-CEO NEOs (averaged) over the last five years.
RECONCILIATION OF COMPENSATION ACTUALLY PAID ADJUSTMENTS
Year
Summary
Compensation
Table
“Total”
Column ($)
Subtract
Summary
Compensation
Table
“Stock Awards”
Column ($)
Add
Year End
Fair Value of
Unvested
Equity Awards
Granted in
Year ($)
Add/ (Subtract)
Year Over Year
Change in
Fair Value of
Unvested
Equity Awards
Granted in
Prior Years ($)
Add/ (Subtract)
Year Over Year
Change in
Fair Value of
Equity Awards
Granted in
Prior Years that
Vested in
Year ($)
Subtract Fair
Value of Prior
Year Equity
Awards that
Failed to Meet
Vesting
Conditions in
Year ($)
Compensation
Actually
Paid ($)
CEO
20256,048,549 (4,200,000)4,328,066 (248,424)(56,164)— 5,872,027 
20245,824,493 (3,900,000)1,694,988 (1,026,790)42,466 — 2,635,157 
20235,446,752 (3,600,000)2,433,079 (1,562,871)799,845 — 3,516,805 
20225,460,198 (3,200,000)2,507,777 (2,102,923)(199,624)— 2,465,428 
20215,314,351 (2,800,000)4,741,960 1,288,523 253,999 — 8,798,833 
Non-CEO NEOs (Average)
20251,220,803 (512,500)528,128 (100,019)(14,993)— 1,121,419 
20241,558,029 (857,500)553,066 (104,828)(1,380)— 1,147,387 
20231,113,639 (430,000)343,301 (124,568)84,891 (88,198)899,065 
20221,094,807 (350,000)274,289 (287,911)(29,877)— 701,308 
20211,133,218 (312,500)529,187 195,957 41,438 — 1,587,300 
        
Non-PEO NEO Average Total Compensation Amount $ 1,220,803 1,558,029 1,113,639 1,094,807 1,133,218
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,121,419 1,147,387 899,065 701,308 1,587,300
Adjustment to Non-PEO NEO Compensation Footnote
SEC rules require certain adjustments be made to the Summary Compensation Table totals to determine “compensation actually paid.” The Reconciliation of Compensation Actually Paid Adjustments table below details the applicable adjustments that were made to determine “compensation actually paid” (all amounts are averages for the non-CEO NEOs).
The following table reconciles total compensation reported in the Summary Compensation Table to “compensation actually paid” for the CEO and non-CEO NEOs (averaged) over the last five years.
RECONCILIATION OF COMPENSATION ACTUALLY PAID ADJUSTMENTS
Year
Summary
Compensation
Table
“Total”
Column ($)
Subtract
Summary
Compensation
Table
“Stock Awards”
Column ($)
Add
Year End
Fair Value of
Unvested
Equity Awards
Granted in
Year ($)
Add/ (Subtract)
Year Over Year
Change in
Fair Value of
Unvested
Equity Awards
Granted in
Prior Years ($)
Add/ (Subtract)
Year Over Year
Change in
Fair Value of
Equity Awards
Granted in
Prior Years that
Vested in
Year ($)
Subtract Fair
Value of Prior
Year Equity
Awards that
Failed to Meet
Vesting
Conditions in
Year ($)
Compensation
Actually
Paid ($)
CEO
20256,048,549 (4,200,000)4,328,066 (248,424)(56,164)— 5,872,027 
20245,824,493 (3,900,000)1,694,988 (1,026,790)42,466 — 2,635,157 
20235,446,752 (3,600,000)2,433,079 (1,562,871)799,845 — 3,516,805 
20225,460,198 (3,200,000)2,507,777 (2,102,923)(199,624)— 2,465,428 
20215,314,351 (2,800,000)4,741,960 1,288,523 253,999 — 8,798,833 
Non-CEO NEOs (Average)
20251,220,803 (512,500)528,128 (100,019)(14,993)— 1,121,419 
20241,558,029 (857,500)553,066 (104,828)(1,380)— 1,147,387 
20231,113,639 (430,000)343,301 (124,568)84,891 (88,198)899,065 
20221,094,807 (350,000)274,289 (287,911)(29,877)— 701,308 
20211,133,218 (312,500)529,187 195,957 41,438 — 1,587,300 
        
Compensation Actually Paid vs. Total Shareholder Return
The following graphs illustrate the relationships between each of the financial performance measures included in the Pay Versus Performance Table above and the compensation actually paid to the CEO and, on average, to non-CEO NEOs over the Company’s five most recently completed fiscal years.
1018
        
Compensation Actually Paid vs. Net Income
1021
        
Compensation Actually Paid vs. Company Selected Measure
1024
        
Total Shareholder Return Vs Peer Group
The following graphs illustrate the relationships between each of the financial performance measures included in the Pay Versus Performance Table above and the compensation actually paid to the CEO and, on average, to non-CEO NEOs over the Company’s five most recently completed fiscal years.
1018
        
Tabular List, Table Revenues, less fuel surcharge revenues
•Operating income
•Diluted earnings per share
        
Total Shareholder Return Amount $ 82 96 112 105 123
Peer Group Total Shareholder Return Amount 135 132 144 126 142
Net Income (Loss) $ (22,998,000) $ 33,570,000 $ 112,290,000 $ 245,580,000 $ 261,478,000
Company Selected Measure Amount 11,657,000 66,148,000 176,416,000 323,076,000 309,146,000
PEO Name Mr. Leathers        
Measure:: 1          
Pay vs Performance Disclosure          
Name •Revenues, less fuel surcharge revenues        
Measure:: 2          
Pay vs Performance Disclosure          
Name •Operating income        
Measure:: 3          
Pay vs Performance Disclosure          
Name Diluted earnings per share        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (4,200,000) $ (3,900,000) $ (3,600,000) $ (3,200,000) $ (2,800,000)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 4,328,066 1,694,988 2,433,079 2,507,777 4,741,960
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (248,424) (1,026,790) (1,562,871) (2,102,923) 1,288,523
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (56,164) 42,466 799,845 (199,624) 253,999
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 0 0 0 0 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (512,500) (857,500) (430,000) (350,000) (312,500)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 528,128 553,066 343,301 274,289 529,187
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (100,019) (104,828) (124,568) (287,911) 195,957
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (14,993) (1,380) 84,891 (29,877) 41,438
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 0 $ 0 $ (88,198) $ 0 $ 0