v3.26.1
Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenues
The following tables represent a disaggregation of revenues from contracts with customers for the three and six months ended June 30, 2026 and 2025, by segment and geographic region:
Three Months Ended June 30, 2026
North AmericaEuropeAsia-PacificSouth AmericaTotal
(In thousands)
Warehouse rent and storage
$194,206 $21,598 $21,291 $1,501 $238,596 
Warehouse services(1)
267,136 27,728 53,912 1,132 349,908 
Transportation
29,033 12,829 16,689 766 59,317 
Total revenues(2)
490,375 62,155 91,892 3,399 647,821 
Lease revenues(3)
13,970 626 473 — 15,069 
Total revenues
$504,345 $62,781 $92,365 $3,399 $662,890 
Three Months Ended June 30, 2025
North AmericaEuropeAsia-PacificSouth AmericaTotal
(In thousands)
Warehouse rent and storage
$201,585 $18,995 $18,521 $2,022 $241,123 
Warehouse services(1)
272,347 26,661 45,499 1,412 345,919 
Transportation
22,917 11,921 12,540 719 48,097 
Total revenues(2)
496,849 57,577 76,560 4,153 635,139 
Lease revenues(3)
14,063 929 617 — 15,609 
Total revenues
$510,912 $58,506 $77,177 $4,153 $650,748 
(1)Prior period Warehouse segment financial results have been recast to include the Company’s former Third-Party Managed reportable segment. The former Third-Party Managed services revenues are now included within Warehouse services revenues.
(2)Revenues are within the scope of ASC 606: Revenue From Contracts With Customers. Elements of contracts or arrangements that are in the scope of other standards (e.g., leases) are separated and accounted for under those standards.
(3)Revenues are within the scope of ASC 842: Leases.

Six Months Ended June 30, 2026
North AmericaEuropeAsia-PacificSouth AmericaTotal
(In thousands)
Warehouse rent and storage
$382,895 $42,377 $41,660 $3,080 $470,012 
Warehouse services(1)
518,507 55,074 105,975 2,210 681,766 
Transportation
53,542 25,775 30,562 1,395 111,274 
Total revenues(2)
954,944 123,226 178,197 6,685 1,263,052 
Lease revenues(3)
27,505 1,269 934 — 29,708 
Total revenues
$982,449 $124,495 $179,131 $6,685 $1,292,760 
Six Months Ended June 30, 2025
North AmericaEuropeAsia-PacificSouth AmericaTotal
(In thousands)
Warehouse rent and storage
$403,599 $36,557 $36,353 $3,913 $480,422 
Warehouse services(1)
536,140 50,749 86,573 2,865 676,327 
Transportation
46,347 22,561 21,717 1,465 92,090 
Total revenues(2)
986,086 109,867 144,643 8,243 1,248,839 
Lease revenues(3)
28,080 1,800 1,009 — 30,889 
Total revenues
$1,014,166 $111,667 $145,652 $8,243 $1,279,728 
(1)Prior period Warehouse segment financial results have been recast to include the Company’s former Third-Party Managed reportable segment. The former Third-Party Managed services revenues are now included within Warehouse services revenues.
(2)Revenues are within the scope of ASC 606: Revenue From Contracts With Customers. Elements of contracts or arrangements that are in the scope of other standards (e.g., leases) are separated and accounted for under those standards.
(3)Revenues are within the scope of ASC 842: Leases.