Goodwill represents the excess of the purchase price of acquisitions over the fair value of the identifiable net assets acquired. Our goodwill balance as of June 30, 2026 and December 31, 2025 was $337.4 million and was comprised of $323.2 million and $14.2 million in our Truckload and Logistics segments, respectively.

As of June 30, 2026 and December 31, 2025, our Truckload segment had accumulated goodwill impairment charges of $34.6 million.

The identifiable, finite-lived intangible assets listed below are included in internal-use software and other noncurrent assets on the consolidated balance sheets and relate to the acquisitions of Cowan, MLS, and M&M.


	June 30, 2026						December 31, 2025
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Customer relationships	$	62.0	$	11.2	$	50.8	$	62.0	$	9.1	$	52.9
Trademarks	21.4		5.0		16.4		21.4		4.1		17.3
Non-compete agreements	5.4		3.1		2.3		5.4		2.6		2.8
Total intangible assets	$	88.8	$	19.3	$	69.5	$	88.8	$	15.8	$	73.0

Amortization expense for intangible assets was $1.8 million for both of the three months ended June 30, 2026 and 2025 and $3.5 million and $3.7 million for the six months ended June 30, 2026 and 2025, respectively.

Estimated future amortization expense related to intangible assets is as follows:


(in millions)	June 30, 2026
Remaining 2026	$	3.5
2027	7.0
2028	6.5
2029	5.9
2030	5.9
2031 and thereafter	40.7
Total	$	69.5