The following tables represent a disaggregation of revenues from contracts with customers for the years ended December 31, 2025, 2024 and 2023 by segment and geographic region:


	December 31, 2025
	North America		Europe		Asia-Pacific		South America		Total
	(In thousands)
Warehouse rent and storage	$	807,545	$	77,915	$	76,879	$	8,208	$	970,547
Warehouse services(1)	1,084,282		107,944		184,767		5,136		1,382,129
Transportation	90,151		47,277		48,054		2,748		188,230
Total revenues(2)	1,981,978		233,136		309,700		16,092		2,540,906
Lease revenues(3)	55,850		3,034		2,056		—		60,940
Total revenues	$	2,037,828	$	236,170	$	311,756	$	16,092	$	2,601,846


	December 31, 2024
	North America		Europe		Asia-Pacific		South America		Total
	(In thousands)
Warehouse rent and storage	$	840,571	$	73,719	$	75,037	$	8,380	$	997,707
Warehouse services(1)	1,120,818		102,731		168,649		5,706		1,397,904
Transportation	108,015		59,122		39,169		2,823		209,129
Total revenues(2)	2,069,404		235,572		282,855		16,909		2,604,740
Lease revenues(3)	54,107		5,320		2,374		—		61,801
Total revenues	$	2,123,511	$	240,892	$	285,229	$	16,909	$	2,666,541


	December 31, 2023
	North America		Europe		Asia-Pacific		South America		Total
	(In thousands)
Warehouse rent and storage	$	889,285	$	81,176	$	71,438	$	7,758	$	1,049,657
Warehouse services(1)	1,066,747		100,966		159,229		4,975		1,331,917
Transportation	125,755		76,631		34,718		2,566		239,670
Total revenues(2)	2,081,787		258,773		265,385		15,299		2,621,244
Lease revenues(3)	43,672		5,850		2,563		—		52,085
Total revenues	$	2,125,459	$	264,623	$	267,948	$	15,299	$	2,673,329

(1)Warehouse segment financial results and related metrics 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. The former Third-Party Managed services cost of operations are now included in within the applicable Warehouse cost of operations categories.

(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.