| Schedule of Segment Reporting Information, by Segment |
Financial information regarding the Company’s operations by geographic area is as follows:
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UNITED
STATES |
OTHER
NORTH
AMERICA |
|
LATIN
AMERICA |
|
NORTH
ASIA |
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SOUTH
ASIA |
|
EUROPE |
|
MIDDLE
EAST,
AFRICA
AND
INDIA |
|
ELIMI-
NATIONS |
|
CONSOLI-
DATED |
For the three months ended June 30, 2026: |
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Revenues |
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$1,164,252 |
141,860 |
|
68,181 |
|
817,046 |
|
568,779 |
|
519,885 |
|
225,216 |
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(2,884) |
|
3,502,335 |
Directly related cost of transportation
and other expenses1 |
|
$666,578 |
89,325 |
|
39,879 |
|
670,698 |
|
449,872 |
|
336,532 |
|
166,068 |
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(2,112) |
|
2,416,840 |
Salaries and related costs |
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$328,706 |
24,597 |
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12,690 |
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45,558 |
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37,556 |
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99,696 |
|
24,895 |
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- |
|
573,698 |
Other operating expenses2 |
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$(504) |
16,705 |
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10,276 |
|
40,834 |
|
32,091 |
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49,880 |
|
13,670 |
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(773) |
|
162,179 |
Operating income |
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$169,472 |
11,233 |
|
5,336 |
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59,956 |
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49,260 |
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33,777 |
|
20,583 |
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1 |
|
349,618 |
Identifiable assets at period end |
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$2,499,046 |
199,633 |
|
136,582 |
|
580,755 |
|
518,374 |
|
858,781 |
|
350,672 |
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(8,933) |
|
5,134,910 |
Capital expenditures |
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$6,240 |
796 |
|
186 |
|
282 |
|
775 |
|
2,563 |
|
1,149 |
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- |
|
11,991 |
Depreciation and amortization |
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$7,133 |
515 |
|
248 |
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1,184 |
|
737 |
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2,095 |
|
783 |
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- |
|
12,695 |
Equity |
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$1,270,494 |
58,576 |
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61,342 |
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175,652 |
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205,374 |
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320,189 |
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190,235 |
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(160,789) |
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2,121,073 |
For the three months ended June 30, 2025: |
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Revenues |
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$877,325 |
108,128 |
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66,904 |
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636,785 |
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359,531 |
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449,712 |
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155,458 |
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(1,958) |
|
2,651,885 |
Directly related cost of transportation
and other expenses1 |
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$454,354 |
67,428 |
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40,945 |
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507,413 |
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277,355 |
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293,878 |
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113,243 |
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(1,259) |
|
1,753,357 |
Salaries and related costs |
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$266,018 |
20,205 |
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11,030 |
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36,686 |
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28,567 |
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88,913 |
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19,917 |
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- |
|
471,336 |
Other operating expenses2 |
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$31,859 |
16,726 |
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9,745 |
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36,820 |
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28,117 |
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41,878 |
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15,015 |
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(704) |
|
179,456 |
Operating income |
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$125,094 |
3,769 |
|
5,184 |
|
55,866 |
|
25,492 |
|
25,043 |
|
7,283 |
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5 |
|
247,736 |
Identifiable assets at period end |
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$2,554,090 |
186,248 |
|
105,069 |
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523,858 |
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354,318 |
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789,514 |
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286,466 |
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(13,082) |
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4,786,481 |
Capital expenditures |
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$6,146 |
257 |
|
274 |
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4,545 |
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1,189 |
|
1,928 |
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1,536 |
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- |
|
15,875 |
Depreciation and amortization |
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$7,896 |
499 |
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253 |
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1,176 |
|
622 |
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2,791 |
|
610 |
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- |
|
13,847 |
Equity |
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$1,475,449 |
57,602 |
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37,810 |
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192,012 |
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119,338 |
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191,551 |
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162,159 |
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(38,638) |
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2,197,283 |
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UNITED
STATES |
OTHER
NORTH
AMERICA |
|
LATIN
AMERICA |
|
NORTH
ASIA |
|
SOUTH
ASIA |
|
EUROPE |
|
MIDDLE
EAST,
AFRICA
AND
INDIA |
|
ELIMI-
NATIONS |
|
CONSOLI-
DATED |
For the six months ended June 30, 2026: |
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Revenues |
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$2,118,829 |
271,494 |
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127,176 |
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1,419,962 |
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991,955 |
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968,759 |
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392,374 |
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(5,252) |
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6,285,297 |
Directly related cost of transportation
and other expenses1 |
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$1,157,712 |
170,618 |
|
73,421 |
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1,152,422 |
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774,117 |
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618,601 |
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284,840 |
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(3,740) |
|
4,227,991 |
Salaries and related costs |
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$610,875 |
47,589 |
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24,082 |
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82,546 |
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69,233 |
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193,350 |
|
45,594 |
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- |
|
1,073,269 |
Other operating expenses2 |
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$36,023 |
31,439 |
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18,829 |
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75,959 |
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59,697 |
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92,649 |
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26,493 |
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(1,498) |
|
339,591 |
Operating income |
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$314,219 |
21,848 |
|
10,844 |
|
109,035 |
|
88,908 |
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64,159 |
|
35,447 |
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(14) |
|
644,446 |
Identifiable assets at period end |
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$2,499,046 |
199,633 |
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136,582 |
|
580,755 |
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518,374 |
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858,781 |
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350,672 |
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(8,933) |
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5,134,910 |
Capital expenditures |
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$13,808 |
1,047 |
|
335 |
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1,082 |
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1,813 |
|
4,662 |
|
1,856 |
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- |
|
24,603 |
Depreciation and amortization |
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$14,386 |
1,015 |
|
494 |
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2,526 |
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1,565 |
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5,010 |
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1,574 |
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- |
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26,570 |
Equity |
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$1,270,494 |
58,576 |
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61,342 |
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175,652 |
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205,374 |
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320,189 |
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190,235 |
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(160,789) |
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2,121,073 |
For the six months ended June 30, 2025: |
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Revenues |
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$1,731,774 |
224,613 |
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129,293 |
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1,331,793 |
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724,108 |
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872,507 |
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308,330 |
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(4,114) |
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5,318,304 |
Directly related cost of transportation
and other expenses1 |
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$906,271 |
140,621 |
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77,380 |
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1,061,907 |
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558,850 |
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565,594 |
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222,091 |
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(2,682) |
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3,530,032 |
Salaries and related costs |
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$524,107 |
39,797 |
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21,468 |
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77,047 |
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56,639 |
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170,462 |
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39,753 |
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- |
|
929,273 |
Other operating expenses2 |
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$54,407 |
31,554 |
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19,659 |
|
74,566 |
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51,402 |
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85,237 |
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30,043 |
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(1,463) |
|
345,405 |
Operating income |
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$246,989 |
12,641 |
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10,786 |
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118,273 |
|
57,217 |
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51,214 |
|
16,443 |
|
31 |
|
513,594 |
Identifiable assets at period end |
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$2,554,090 |
186,248 |
|
105,069 |
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523,858 |
|
354,318 |
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789,514 |
|
286,466 |
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(13,082) |
|
4,786,481 |
Capital expenditures |
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$14,553 |
483 |
|
499 |
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5,050 |
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2,063 |
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3,084 |
|
3,295 |
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- |
|
29,027 |
Depreciation and amortization |
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$16,834 |
996 |
|
504 |
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2,232 |
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1,192 |
|
5,437 |
|
1,256 |
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- |
|
28,451 |
Equity |
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$1,475,449 |
57,602 |
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37,810 |
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192,012 |
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119,338 |
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191,551 |
|
162,159 |
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(38,638) |
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2,197,283 |
1Directly related cost of transportation and other expenses totals operating expenses from airfreight services, ocean freight and ocean services and customs brokerage and other services as shown in the condensed consolidated statements of earnings. 2Other operating expenses totals rent and occupancy, depreciation and amortization, selling and promotion and other as shown in the condensed consolidated statements of earnings.
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