ASSETS AND LIABILITIES CLASSIFIED AS HELD FOR SALE |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assets and Liabilities Classified as Held for Sale [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ASSETS AND LIABILITIES CLASSIFIED AS HELD FOR SALE | ASSETS AND LIABILITIES CLASSIFIED AS HELD FOR SALE In June 2026, our global intermodal logistics operation agreed to the sale of a 67% interest in a stabilized container subsidiary, which owns and leases stabilized intermodal container assets to customers, for net proceeds of $235 million (approximately $60 million to the company). Our global intermodal logistics operation will retain a 33% interest as an investment in associate and will continue to manage the business under a management agreement. As a result, the assets and liabilities of the business were classified as held for sale as at June 30, 2026. Subsequent to June 30, 2026, our global intermodal logistics operation completed the sale. The major classes of assets and liabilities classified as held for sale are as follows:
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