| Schedule of reportable segment financial information |
Reportable segment financial information for the three months ended June 30, 2026 and 2025 are as follows: | | | | | | | | | | | | | | | | | | | | | Three Months Ended | | Three Months Ended | | | June 30, 2026 | | June 30, 2025 | (In millions) | | Ocean Transportation | | Logistics | | Total | | Ocean Transportation | | Logistics | | Total | Operating Revenue (1)(2) | | $ | 767.4 | | $ | 202.0 | | $ | 969.4 | | $ | 675.6 | | $ | 154.9 | | $ | 830.5 | | | | | | | | | | | | | | | | | | | | Operating Expenses: | | | | | | | | | | | | | | | | | | | Operating costs: | | | | | | | | | | | | | | | | | | | Direct cargo expense | | | (261.8) | | | — | | | (261.8) | | | (249.7) | | | — | | | (249.7) | Vessel operating expense | | | (174.2) | | | — | | | (174.2) | | | (150.6) | | | — | | | (150.6) | Operating overhead (3) | | | (90.5) | | | — | | | (90.5) | | | (86.5) | | | — | | | (86.5) | Direct operating costs | | | — | | | (168.7) | | | (168.7) | | | — | | | (122.4) | | | (122.4) | Depreciation and amortization | | | (39.1) | | | (3.0) | | | (42.1) | | | (37.9) | | | (3.3) | | | (41.2) | Total operating costs | | | (565.6) | | | (171.7) | | | (737.3) | | | (524.7) | | | (125.7) | | | (650.4) | Income from SSAT | | | 4.8 | | | — | | | 4.8 | | | 7.3 | | | — | | | 7.3 | General and administrative | | | (62.6) | | | (15.4) | | | (78.0) | | | (59.6) | | | (14.8) | | | (74.4) | Total Costs and Expenses | | | (623.4) | | | (187.1) | | | (810.5) | | | (577.0) | | | (140.5) | | | (717.5) | | | | | | | | | | | | | | | | | | | | Operating Income: | | $ | 144.0 | | $ | 14.9 | | | 158.9 | | $ | 98.6 | | $ | 14.4 | | | 113.0 | Interest income | | | | | | | | | 5.0 | | | | | | | | | 8.0 | Interest expense, net | | | | | | | | | (1.6) | | | | | | | | | (1.7) | Other income (expense), net | | | | | | | | | 1.6 | | | | | | | | | 2.4 | Income before Taxes | | | | | | | | | 163.9 | | | | | | | | | 121.7 | Income taxes | | | | | | | | | (34.5) | | | | | | | | | (27.0) | Net Income | | | | | | | | $ | 129.4 | | | | | | | | $ | 94.7 | | | | | | | | | | | | | | | | | | | | Capital Expenditures (4) | | $ | 206.1 | | $ | 1.1 | | $ | 207.2 | | $ | 85.1 | | $ | 1.2 | | $ | 86.3 |
| (1) | Ocean Transportation operating revenue excludes inter-segment revenue of $29.3 million and $25.5 million for the three months ended June 30, 2026 and 2025, respectively. |
| (2) | Logistics operating revenue excludes inter-segment revenue of $43.0 million and $37.0 million for the three months ended June 30, 2026 and 2025, respectively. |
| (3) | Ocean Transportation operating overhead includes dry-docking amortization of $8.4 million and $7.0 million for the three months ended June 30, 2026 and 2025, respectively. |
| (4) | Capital expenditures exclude accrued capital expenditures of $3.8 million and $4.0 million as of June 30, 2026 and 2025, respectively. |
Reportable segment financial information for the six months ended June 30, 2026 and 2025 are as follows: | | | | | | | | | | | | | | | | | | | | | Six Months Ended | | Six Months Ended | | | June 30, 2026 | | June 30, 2025 | (In millions) | | Ocean Transportation | | Logistics | | Total | | Ocean Transportation | | Logistics | | Total | Operating Revenue (5)(6) | | $ | 1,373.9 | | $ | 353.3 | | $ | 1,727.2 | | $ | 1,313.0 | | $ | 299.5 | | $ | 1,612.5 | | | | | | | | | | | | | | | | | | | | Operating Expenses: | | | | | | | | | | | | | | | | | | | Operating costs: | | | | | | | | | | | | | | | | | | | Direct cargo expense | | | (496.5) | | | — | | | (496.5) | | | (487.9) | | | — | | | (487.9) | Vessel operating expense | | | (312.8) | | | — | | | (312.8) | | | (298.0) | | | — | | | (298.0) | Operating overhead (7) | | | (172.3) | | | — | | | (172.3) | | | (173.5) | | | — | | | (173.5) | Direct operating costs | | | — | | | (295.3) | | | (295.3) | | | — | | | (240.3) | | | (240.3) | Depreciation and amortization | | | (78.2) | | | (6.1) | | | (84.3) | | | (75.2) | | | (6.6) | | | (81.8) | Total operating costs | | | (1,059.8) | | | (301.4) | | | (1,361.2) | | | (1,034.6) | | | (246.9) | | | (1,281.5) | Income (Loss) from SSAT | | | 9.8 | | | — | | | 9.8 | | | 13.9 | | | — | | | 13.9 | General and administrative | | | (125.3) | | | (30.2) | | | (155.5) | | | (120.1) | | | (29.7) | | | (149.8) | Total Costs and Expenses | | | (1,175.3) | | | (331.6) | | | (1,506.9) | | | (1,140.8) | | | (276.6) | | | (1,417.4) | | | | | | | | | | | | | | | | | | | | Operating Income: | | $ | 198.6 | | $ | 21.7 | | | 220.3 | | $ | 172.2 | | $ | 22.9 | | | 195.1 | Interest income | | | | | | | | | 11.1 | | | | | | | | | 17.4 | Interest expense, net | | | | | | | | | (3.2) | | | | | | | | | (3.4) | Other income (expense), net | | | | | | | | | 3.6 | | | | | | | | | 4.8 | Income before Taxes | | | | | | | | | 231.8 | | | | | | | | | 213.9 | Income taxes | | | | | | | | | (45.8) | | | | | | | | | (46.9) | Net Income | | | | | | | | $ | 186.0 | | | | | | | | $ | 167.0 | | | | | | | | | | | | | | | | | | | | Capital Expenditures (8) | | $ | 253.2 | | $ | 2.3 | | $ | 255.5 | | $ | 173.2 | | $ | 2.3 | | $ | 175.5 |
| (5) | Ocean Transportation operating revenue excludes inter-segment revenue of $47.1 million and $46.9 million for the six months ended June 30, 2026 and 2025, respectively. |
| (6) | Logistics operating revenue excludes inter-segment revenue of $72.8 million and $69.6 million for the six months ended June 30, 2026 and 2025, respectively. |
| (7) | Ocean Transportation operating overhead includes dry-docking amortization of $16.1 million and $13.6 million for the six months ended June 30, 2026 and 2025, respectively. |
| (8) | Capital expenditures exclude accrued capital expenditures of $3.8 million and $4.0 million as of June 30, 2026 and 2025, respectively. |
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