v3.26.1
Note 11 - Revenue and Business Segments (Tables)
 6 Months Ended
Jun. 30, 2026
Notes Tables  
Segment Reporting [Table Text Block]
   

Three Months

    

Six Months

  
   

Ended June 30,

    

Ended June 30,

  

(In thousands)

  

2026

    

2025

    

2026

    

2025

  

Operating revenue:

                                

Truckload revenue, net of fuel surcharge revenue

   $ 92,721     $ 92,484     $ 182,031     $ 182,590  

Truckload fuel surcharge revenue

     23,599       14,002       39,679       28,287  

Total Truckload revenue

     116,320       106,486       221,710       210,877  
                                 

Dedicated revenue, net of fuel surcharge revenue

     52,578       61,338       105,752       123,743  

Dedicated fuel surcharge revenue

     14,718       10,536       25,007       21,756  

Total Dedicated revenue

     67,296       71,874       130,759       145,499  
                                 

Brokerage revenue

     39,927       39,859       74,600       72,878  
                                 

Intermodal revenue, net of fuel surcharge revenue

     -       10,093       -       20,361  

Intermodal fuel surcharge revenue

     -       1,610       -       3,459  

Total Intermodal revenue

     -       11,703       -       23,820  

Total operating revenue

   $ 223,543     $ 229,922     $ 427,069     $ 453,074  
                                 

Operating income/(loss):

                                

Truckload

   $ 2,417     $ 2,344     $ 1,473     $ 2,044  

Dedicated

     2,440       5,429       4,062       10,283  

Brokerage

     2,059       2,696       2,973       4,856  

Intermodal

     -       (735 )     -       (1,590 )

Total operating income

   $ 6,916     $ 9,734     $ 8,508     $ 15,593  

(In thousands)

  

Truckload

    

Dedicated

    

Brokerage

    

Intermodal

    

Total

  

Operating revenue

   $ 116,320     $ 67,296     $ 39,927     $ -     $ 223,543  

Operating expense (income):

                                        

Salaries, wages and benefits

     42,419       28,226       1,893       -       72,538  

Purchased transportation

     1,386       2,417       35,016       -       38,819  

Fuel and fuel taxes

     31,049       14,718       -       -       45,767  

Supplies and maintenance

     10,883       4,438       (3 )     -       15,318  

Depreciation

     16,186       8,173       403       -       24,762  

Operating taxes and licenses

     1,361       856       56       -       2,273  

Insurance and claims

     6,185       3,224       (103 )     -       9,306  

Communications and utilities

     1,299       673       180       -       2,152  

Gain on disposition of revenue equipment

     (990 )     (683 )     -       -       (1,673 )

Other

     4,125       2,814       426       -       7,365  

Total operating expenses

     113,903       64,856       37,868       -       216,627  

Operating income

   $ 2,417     $ 2,440     $ 2,059     $ -     $ 6,916  
                                         

Operating ratio

     97.9 %     96.4 %     94.8 %     - %     96.9 %

Operating ratio, net of fuel surcharges

     97.4 %     95.4 %     94.8 %     - %     96.3 %

(In thousands)

  

Truckload

    

Dedicated

    

Brokerage

    

Intermodal

    

Total

  

Operating revenue

   $ 221,710     $ 130,759     $ 74,600     $ -     $ 427,069  

Operating expense (income):

                                        

Salaries, wages and benefits

     84,931       55,941       3,785       -       144,657  

Purchased transportation

     2,454       4,821       65,012       -       72,287  

Fuel and fuel taxes

     53,864       25,810       -       -       79,674  

Supplies and maintenance

     21,884       8,560       2       -       30,446  

Depreciation

     32,390       16,556       822       -       49,768  

Operating taxes and licenses

     2,702       1,708       108       -       4,518  

Insurance and claims

     13,655       8,227       669       -       22,551  

Communications and utilities

     2,553       1,311       393       -       4,257  

Gain on disposition of revenue equipment

     (1,822 )     (1,271 )     -       -       (3,093 )

Other

     7,626       5,034       836       -       13,496  

Total operating expenses

     220,237       126,697       71,627       -       418,561  

Operating income

   $ 1,473     $ 4,062     $ 2,973     $ -     $ 8,508  
                                         

Operating ratio

     99.3 %     96.9 %     96.0 %     - %     98.0 %

Operating ratio, net of fuel surcharges

     99.2 %     96.2 %     96.0 %     - %     97.7 %

(In thousands)

  

Truckload

    

Dedicated

    

Brokerage

    

Intermodal

    

Total

  

Operating revenue

   $ 106,486     $ 71,874     $ 39,859     $ 11,703     $ 229,922  

Operating expense (income):

                                        

Salaries, wages and benefits

     43,726       30,785       1,981       2,078       78,570  

Purchased transportation

     864       2,371       33,529       6,359       43,123  

Fuel and fuel taxes

     20,793       10,755       -       1,043       32,591  

Supplies and maintenance

     10,410       4,566       5       625       15,606  

Depreciation

     16,219       9,378       493       1,217       27,307  

Operating taxes and licenses

     1,418       947       26       60       2,451  

Insurance and claims

     8,997       6,100       402       353       15,852  

Communications and utilities

     1,195       689       225       55       2,164  

Gain on disposition of revenue equipment

     (3,394 )     (1,661 )     -       (127 )     (5,182 )

Other

     3,914       2,515       502       775       7,706  

Total operating expenses

     104,142       66,445       37,163       12,438       220,188  

Operating income/(loss)

   $ 2,344     $ 5,429     $ 2,696     $ (735 )   $ 9,734  
                                         

Operating ratio

     97.8 %     92.4 %     93.2 %     106.3 %     95.8 %

Operating ratio, net of fuel surcharges

     97.5 %     91.1 %     93.2 %     107.3 %     95.2 %

(In thousands)

  

Truckload

    

Dedicated

    

Brokerage

    

Intermodal

    

Total

  

Operating revenue

   $ 210,877     $ 145,499     $ 72,878     $ 23,820     $ 453,074  

Operating expense (income):

                                        

Salaries, wages and benefits

     87,156       62,219       3,769       4,226       157,370  

Purchased transportation

     1,919       4,715       61,234       12,911       80,779  

Fuel and fuel taxes

     41,246       22,502       -       1,960       65,708  

Supplies and maintenance

     20,659       9,098       7       1,355       31,119  

Depreciation

     32,273       18,929       999       2,576       54,777  

Operating taxes and licenses

     2,785       1,914       47       122       4,868  

Insurance and claims

     16,483       11,445       597       704       29,229  

Communications and utilities

     2,460       1,435       438       110       4,443  

Gain on disposition of revenue equipment

     (4,309 )     (2,369 )     -       (169 )     (6,847 )

Other

     8,161       5,328       931       1,615       16,035  

Total operating expenses

     208,833       135,216       68,022       25,410       437,481  

Operating income/(loss)

   $ 2,044     $ 10,283     $ 4,856     $ (1,590 )   $ 15,593  
                                         

Operating ratio

     99.0 %     92.9 %     93.3 %     106.7 %     96.6 %

Operating ratio, net of fuel surcharges

     98.9 %     91.7 %     93.3 %     107.8 %     96.1 %