v3.26.1
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The tables below provide information about the Company’s reportable segment:
Three Months Ended June 30,Six Months Ended June 30,
(In millions)2026202520262025
Revenue$1,774 $1,419 $3,199 $2,852 
Less:
Cost of transportation and services (exclusive of depreciation and amortization)1,472 1,118 2,643 2,271 
Direct operating expense (exclusive of depreciation and amortization)53 47 103 95 
Sales, general and administrative expense (1)
198 202 385 405 
Segment adjusted EBITDA$51 $52 $68 $81 
Unallocated corporate expenses10 12 20 19 
Depreciation and amortization expense26 30 52 62 
Transaction and integration costs13 
Restructuring and other costs16 17 
Other expense (2)
Debt extinguishment loss— — 11 — 
Interest expense, net18 17 
Consolidated loss before income taxes$(8)$(10)$(57)$(49)
Excludes unallocated corporate expenses and other costs.
(2)Excludes other costs.
Reconciliation of Assets from Segment to Consolidated
(In millions)June 30, 2026December 31, 2025
Segment assets$3,395 $3,207 
Corporate assets64 70 
Total assets$3,459 $3,277