Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Information

Segment results from operations for the three months ended March 31, 2026 and 2025 are as follows:


For the Three Months Ended March 31, 2026						Expedited Freight						Omni Logistics						Intermodal						Corporate						Consolidated
External revenues						$	227,173					$	302,418					$	52,455					$	—					$	582,046
Intersegment revenues						45,534						—						637						—						46,171
						272,707						302,418						53,092						—						628,217

Reconciliation of revenue
Elimination of intersegmental revenues																														(46,171)
Total consolidated revenues																														$	582,046

Less:
Purchased transportation						141,683						168,923						19,342						—
Salaries, wages and employee benefits						55,650						53,396						13,663						(7,133)
Operating leases						15,528						27,702						5,781						702
Depreciation and amortization						8,312						24,491						4,153						1,565
Insurance and claims						10,160						468						2,771						99
Fuel expense						2,053						504						2,370						—
Other operating expenses						19,275						26,204						3,788						6,326

Segment profit (loss)						20,046						730						1,224						(1,559)						20,441

Reconciliation of segment profit or loss
Interest expense, net																														(43,587)
Foreign exchange gain (loss)																														1,698
Other (expense) income, net																														(16,957)
Loss before income taxes																														$	(38,405)


For the Three Months Ended March 31, 2025						Expedited Freight						Omni Logistics						Intermodal						Corporate						Consolidated
External revenues						$	227,196					$	323,470					$	62,473					$	142					$	613,281
Intersegment revenues						22,185						—						19						—						22,204
						249,381						323,470						62,492						142						635,485

Reconciliation of revenue
Elimination of intersegmental revenues																														(22,204)
Total consolidated revenues																														$	613,281

Less:
Purchased transportation						120,680						185,734						20,176						(124)
Salaries, wages and employee benefits						52,577						56,783						15,931						16,624
Operating leases						15,433						27,090						5,778						491
Depreciation and amortization						10,379						22,230						4,720						31
Insurance and claims						10,308						2,615						2,791						(707)
Fuel expense						2,471						1,017						2,155						6
Other operating expenses						21,899						24,626						5,399						3,609
Segment profit (loss)						15,634						3,375						5,542						(19,788)						4,763

Reconciliation of segment profit or loss
Interest expense, net																														(45,547)
Foreign exchange gain (loss)																														(922)
Other (expense) income, net																														104

Loss before income taxes																														$	(41,602)

Disaggregated external revenues by segment for the three months ended March 31, 2026 and 2025 are as follows:


For the Three Months Ended March 31, 2026						Expedited Freight						Omni Logistics						Intermodal						Consolidated
Ground						$	227,173					$	135,987					$	—					$	363,160
Contract Logistics						—						104,166						—						104,166
Air and Ocean						—						62,265						—						62,265
Intermodal						—						—						52,455						52,455
Total operating revenues						$	227,173					$	302,418					$	52,455					$	582,046

For the Three Months Ended March 31, 2025						Expedited Freight						Omni Logistics						Intermodal						Corporate						Consolidated
Ground						$	227,196					$	172,094					$	—					$	142					$	399,432
Contract Logistics						—						80,128						—						—						80,128
Air and Ocean						—						71,248						—						—						71,248
Intermodal						—						—						62,473						—						62,473
Total operating revenues						$	227,196					$	323,470					$	62,473					$	142					$	613,281

Operating revenues from the individual services within the Expedited Freight segment are further sub-disaggregated for the three months ended March 31, 2026 and 2025 in the table below:


			Three Months Ended
			March 31, 2026						March 31, 2025
Operating revenues:
Network1			$	188,177					$	190,162
Truckload			62,544						39,255
Other			21,986						19,964
Total operating revenues			$	272,707					$	249,381

1 Network revenue is comprised of all revenue, including linehaul, pickup and/or delivery, and fuel surcharge revenue, excluding accessorial and Truckload revenue.