v3.26.1
REPORTABLE SEGMENTS (Details)
$ in Millions
3 Months Ended
Mar. 31, 2026
USD ($)
segment
Mar. 31, 2025
USD ($)
segment
Segment results    
Number of segments | segment 2 2
Total Operating Revenue $ 757.8 $ 782.0
Operating costs:    
Direct cargo expense (234.8) (238.2)
Vessel operating expense (138.7) (147.4)
Operating overhead (81.7) (87.1)
Direct operating costs (126.5) (117.8)
Depreciation and amortization (42.2) (40.6)
Total operating costs (623.9) (631.1)
Income from SSAT 5.0 6.6
General and administrative (77.5) (75.4)
Total Costs and Expenses (696.4) (699.9)
Operating Income 61.4 82.1
Interest income 6.1 9.4
Interest expense (1.6) (1.7)
Other income (expense), net 2.0 2.4
Income before Taxes 67.9 92.2
Income taxes (11.3) (19.9)
Net Income 56.6 72.3
Capital Expenditures 48.3 89.2
Capital expenditures included in accounts payable, accruals and other liabilities 3.2 7.6
Operating segments    
Segment results    
Total Operating Revenue 757.8 782.0
Intersegment Eliminations    
Segment results    
Total Operating Revenue 47.6 54.0
Ocean Transportation    
Operating costs:    
Direct cargo expense (234.8) (238.2)
Vessel operating expense (138.7) (147.4)
Operating overhead (81.7) (87.1)
Depreciation and amortization (39.1) (37.2)
Total operating costs (494.3) (509.9)
Income from SSAT 5.0 6.6
General and administrative (62.6) (60.5)
Total Costs and Expenses (551.9) (563.8)
Operating Income 54.6 73.6
Capital Expenditures 47.1 88.1
Dry-docking amortization 7.7 6.6
Ocean Transportation | Operating segments    
Segment results    
Total Operating Revenue 606.5 637.4
Ocean Transportation | Intersegment Eliminations    
Segment results    
Total Operating Revenue 17.8 21.4
Logistics    
Operating costs:    
Direct operating costs (126.5) (117.8)
Depreciation and amortization (3.1) (3.4)
Total operating costs (129.6) (121.2)
General and administrative (14.9) (14.9)
Total Costs and Expenses (144.5) (136.1)
Operating Income 6.8 8.5
Capital Expenditures 1.2 1.1
Logistics | Operating segments    
Segment results    
Total Operating Revenue 151.3 144.6
Logistics | Intersegment Eliminations    
Segment results    
Total Operating Revenue $ 29.8 $ 32.6