v3.26.1
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Goodwill
The change in carrying amount of goodwill is as follows (in thousands):
NASTGlobal ForwardingAll Other and CorporateTotal
Balance, December 31, 2025$1,202,093 $208,472 $47,411 $1,457,976 
Foreign currency translation2,350 (1,149)116 1,317 
Acquisitions(1)
49,042 — — 49,042 
Balance, June 30, 2026
$1,253,485 $207,323 $47,527 $1,508,335 
______________________________
(1) On June 22, 2026, we acquired DeSpir Logistics, a specialized provider of secure transportation solutions and cargo escort services for mission-critical, high-value freight across North America. Refer to Note 15, Acquisitions, for further discussion related to the acquisition of DeSpir Logistics.
Schedule of Intangible Assets
Identifiable intangible assets consisted of the following (in thousands):
June 30, 2026
December 31, 2025
CostAccumulated AmortizationNetCostAccumulated AmortizationNet
Finite-lived intangibles
Customer relationships$71,600 $(49,762)$21,838 $72,109 $(62,535)$9,574 
Indefinite-lived intangibles
Trademarks16,900 — 16,900 8,600 — 8,600 
Total intangibles$88,500 $(49,762)$38,738 $80,709 $(62,535)$18,174 
Schedule of Amortization Expense
Amortization expense for other intangible assets is as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Amortization expense$1,964 $2,574 $4,336 $5,111 
Schedule of Future Amortization of Finite-Lived Intangible Assets
Finite-lived intangible assets as of June 30, 2026 will be amortized over their remaining lives as follows (in thousands):
Remainder of 2026$4,758 
20272,970 
20281,660 
20291,660 
20301,660 
Thereafter9,130 
Total(1)
$21,838 
______________________________
(1) All remaining amortization expense for finite-lived intangible assets relates to our NAST reportable segment.