v3.26.1
REVENUE FROM CONTRACTS WITH CUSTOMERS
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACTS WITH CUSTOMERS
A summary of our total revenues disaggregated by major service line and timing of revenue recognition is presented below for each of our reportable segments (in thousands):
Three Months Ended June 30, 2026
NASTGlobal ForwardingAll Other and CorporateTotal
Major Service Lines
Transportation and logistics services(1)
$3,593,269 $896,604 $34,900 $4,524,773 
Sourcing(2)
— — 409,325 409,325 
Total revenues$3,593,269 $896,604 $444,225 $4,934,098 
Three Months Ended June 30, 2025
NASTGlobal ForwardingAll Other and CorporateTotal
Major Service Lines
Transportation and logistics services(1)
$2,918,227 $797,800 $30,633 $3,746,660 
Sourcing(2)
— — 389,883 389,883 
Total revenues$2,918,227 $797,800 $420,516 $4,136,543 
Six Months Ended June 30, 2026
NASTGlobal ForwardingAll Other and CorporateTotal
Major Service Lines
Transportation and logistics services(1)
$6,540,592 $1,561,334 $66,558 $8,168,484 
Sourcing(2)
— — 778,548 778,548 
Total revenues$6,540,592 $1,561,334 $845,106 $8,947,032 
Six Months Ended June 30, 2025
NASTGlobal ForwardingAll Other and CorporateTotal
Major Service Lines
Transportation and logistics services(1)
$5,786,647 $1,572,688 $109,240 $7,468,575 
Sourcing(2)
— — 714,708 714,708 
Total revenues$5,786,647 $1,572,688 $823,948 $8,183,283 
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(1) Transportation and logistics services performance obligations are completed over time.
(2) Sourcing performance obligations are completed at a point in time.
We typically do not receive consideration, and amounts are not due from our customers, prior to the completion of our performance obligation. As such, contract liabilities were not significant as of June 30, 2026, and revenue recognized from contract liabilities for the three and six months ended June 30, 2026 and 2025 was not significant. Contract assets and accrued expenses-transportation expense fluctuate from period to period primarily based upon changes in transportation pricing and costs and shipments in-transit at period end.