v3.26.1
Revenue Recognition
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer REVENUE RECOGNITION
Disaggregated Revenues
The majority of our revenues are related to transportation and have similar characteristics. The following table summarizes our revenues by type of service.
Three Months Ended
June 30,		Six Months Ended
June 30,
Disaggregated Revenues (in millions)
2026202520262025
Transportation$1,440.2 $1,310.4 $2,717.9 $2,606.0 
Logistics management67.2 54.5 129.5 108.2 
Other61.3 55.6 119.8 108.1 
Total operating revenues$1,568.7 $1,420.5 $2,967.2 $2,822.3 
Quantitative Disclosure
The following table provides information about transactions and the expected timing of revenue recognition related to remaining fixed performance obligations for contracts with original terms greater than one year, as of the date shown.
Remaining Performance Obligations (in millions)
June 30, 2026
Expected to be recognized within one year
Transportation$105.8 
Logistics management17.6 
Expected to be recognized after one year
Transportation111.9 
Logistics management14.7 
Total$250.0 
This disclosure excludes performance obligations that are part of a contract with an original expected duration of one year or less. It also excludes expected consideration related to performance obligations for which the Company elects to recognize revenue in the amount to which it has a right to invoice (e.g., usage-based pricing terms).
Information related to contract balances associated with our contracts with customers as of the dates shown is as follows:
Contract Balances (in millions)
June 30, 2026December 31, 2025
Other current assets—Contract assets$29.3 $21.3 
We generally receive payment within 40 days of performing our obligations under customer contracts. Contract assets in the table above relate to revenue in transit at the end of the reporting period. We had no contract liabilities related to advance payments from customers as of June 30, 2026 and December 31, 2025.