GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2026

GOODWILL AND INTANGIBLE ASSETS

Schedule of intangible assets

June 30, 2026

December 31, 2025

Weighted-Average

Accumulated

Impairment

Net

Accumulated

Net

Amortization Period

 

Cost

 

Amortization

 

Charge

 

Value

 

Cost

 

Amortization

 

Value

(in years)

(in thousands)

(in thousands)

Finite-lived intangible assets

Customer relationships

12

$

99,579

$

72,289

$

—

$

27,290

$

99,579

$

68,206

$

31,373

Other⁽¹⁾

10

19,413

7,896

1,091

10,426

30,655

18,297

12,358

Total intangible assets

12

$

118,992

$

80,185

$

1,091

$

37,716

$

130,234

$

86,503

$

43,731

(1)

Represents non-cash asset impairment charges of $1.1 million, included as asset impairment charges within “Other and eliminations,” to write off patents utilized in the Vaux Freight Movement System (see Note A). Also includes the write-off of the MoLo trade name, which was fully amortized as of December 31, 2025.