v3.26.1
Note 4 - Segment Information - Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Revenue $ 332,873 $ 302,854 $ 640,034 $ 572,209
Salaries, wages, and related expenses 110,134 109,148 219,402 214,100
Fuel expense 37,850 27,989 66,147 56,157
Operations and maintenance 18,766 17,066 36,680 32,816
Revenue equipment rentals and purchased transportation 98,724 76,791 187,942 133,596
Operating taxes and licenses 3,026 3,436 6,015 7,022
Insurance and claims 18,138 17,307 30,784 32,590
Communications and utilities 1,877 1,481 3,911 2,949
General supplies and expenses 12,399 14,657 26,598 28,252
Loss on disposition of property and equipment, net 299 295 637 621
Segment operating expenses 324,032 291,291 624,911 553,019
Subtotal operating income 8,841 11,563 15,123 19,190
Other (2) (11,303) (8,494) (19,539) (13,888)
Interest expense, net (2,981) (2,470) (6,867) (5,327)
Income from equity method investment 5,265 4,268 8,952 8,044
Income before income taxes 11,125 13,361 17,208 21,907
Cargo and Freight [Member]        
Revenue 294,693 276,532 576,618 519,751
Fuel Surcharge [Member]        
Revenue 38,180 26,322 63,416 52,458
Operating Segments [Member]        
Revenue 332,206 302,854 638,738 572,209
Segment operating expenses 312,729 282,797 605,372 539,131
Subtotal operating income 20,144 20,057 34,662 33,078
Operating Segments [Member] | Cargo and Freight [Member]        
Revenue 294,026 276,532 575,322 519,751
Operating Segments [Member] | Fuel Surcharge [Member]        
Revenue [1] 38,180 26,322 63,416 52,458
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment [Member]        
Revenue 667 0 1,296 0
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]        
Interest expense, net   (2,470)    
Expedited [Member] | Operating Segments [Member]        
Revenue 93,420 97,300 178,091 191,993
Salaries, wages, and related expenses 27,631 32,153 55,655 63,642
Fuel expense 18,189 14,335 32,699 29,270
Operations and maintenance 8,924 10,322 18,225 21,165
Revenue equipment rentals and purchased transportation 14,825 17,136 29,907 33,697
Operating taxes and licenses 273 341 561 677
Insurance and claims 6,312 6,743 12,962 13,317
Communications and utilities 1 0 1 1
General supplies and expenses 452 225 807 469
Depreciation and amortization 0 1 1 3
Loss on disposition of property and equipment, net 0   0  
Total allocated overhead 8,427 8,578 16,066 16,696
Segment operating expenses 85,034 89,834 166,884 178,937
Subtotal operating income 8,386 7,466 11,207 13,056
Expedited [Member] | Operating Segments [Member] | Cargo and Freight [Member]        
Revenue 73,742 83,229 145,691 163,478
Expedited [Member] | Operating Segments [Member] | Fuel Surcharge [Member]        
Revenue [1] 19,678 14,071 32,400 28,515
Dedicated [Member] | Operating Segments [Member]        
Revenue 112,366 102,277 215,789 195,886
Salaries, wages, and related expenses 44,748 42,041 88,992 81,400
Fuel expense 19,094 13,552 33,256 26,662
Operations and maintenance 11,701 11,300 22,811 21,915
Revenue equipment rentals and purchased transportation 6,956 9,230 14,154 17,574
Operating taxes and licenses 742 652 1,463 1,260
Insurance and claims 5,589 5,170 11,199 10,163
Communications and utilities 226 224 447 387
General supplies and expenses 400 631 794 1,134
Depreciation and amortization 4,924 4,222 9,798 8,289
Loss on disposition of property and equipment, net 13 207 13 288
Total allocated overhead 10,195 8,835 19,497 18,554
Segment operating expenses 104,588 96,064 202,424 187,626
Subtotal operating income 7,778 6,213 13,365 8,260
Dedicated [Member] | Operating Segments [Member] | Cargo and Freight [Member]        
Revenue 94,020 90,166 185,084 172,246
Dedicated [Member] | Operating Segments [Member] | Fuel Surcharge [Member]        
Revenue [1] 18,346 12,111 30,705 23,640
Managed Freight [Member] | Operating Segments [Member]        
Revenue 99,542 77,550 190,273 134,400
Salaries, wages, and related expenses 3,931 2,844 7,103 5,122
Fuel expense 0 0 0 0
Operations and maintenance 765 563 1,266 506
Revenue equipment rentals and purchased transportation 88,802 66,558 168,172 114,189
Operating taxes and licenses 13 9 45 66
Insurance and claims 706 25 1,174 157
Communications and utilities 34 8 68 18
General supplies and expenses 1,165 885 2,394 1,675
Depreciation and amortization 102 22 201 43
Loss on disposition of property and equipment, net 0 0 0 0
Total allocated overhead 2,285 2,174 4,408 4,622
Segment operating expenses 97,803 73,088 184,831 126,398
Subtotal operating income 1,739 4,462 5,442 8,002
Managed Freight [Member] | Operating Segments [Member] | Cargo and Freight [Member]        
Revenue 99,542 77,550 190,273 134,400
Managed Freight [Member] | Operating Segments [Member] | Fuel Surcharge [Member]        
Revenue [1] 0 0 0 0
Warehousing [Member] | Operating Segments [Member]        
Revenue 26,878 25,727 54,585 49,930
Salaries, wages, and related expenses 13,823 12,350 28,563 23,777
Fuel expense 245 156 463 331
Operations and maintenance 1,828 1,534 3,682 2,683
Revenue equipment rentals and purchased transportation 1,109 1,173 2,305 2,251
Operating taxes and licenses 430 559 869 1,349
Insurance and claims 246 239 489 446
Communications and utilities 292 227 670 467
General supplies and expenses 4,062 4,742 8,010 9,146
Depreciation and amortization 425 476 848 957
Loss on disposition of property and equipment, net 0 0 0 0
Total allocated overhead 2,844 2,355 5,334 4,763
Segment operating expenses 25,304 23,811 51,233 46,170
Subtotal operating income 1,574 1,916 3,352 3,760
Warehousing [Member] | Operating Segments [Member] | Cargo and Freight [Member]        
Revenue 26,722 25,587 54,274 49,627
Warehousing [Member] | Operating Segments [Member] | Fuel Surcharge [Member]        
Revenue [1] $ 156 $ 140 $ 311 $ 303
[1] The CODM does not receive fuel surcharge revenue and fuel expense individually, but is provided with fuel expense less fuel surcharge revenue (other than the fuel surcharge revenue we reimburse to independent contractors and other third parties which is included in purchased transportation), which we refer to as net fuel expense. The CODM uses net fuel expense to measure the effectiveness of our fuel surcharge program.