| Segment Reporting [Text Block] |
We reported five distinct business segments during the nine months ended September 30, 2026 and 2025. These segments included Intermodal (JBI), Dedicated Contract Services® (DCS®), Integrated Capacity Solutions (ICS), Final Mile Services® (FMS), and Truckload (JBT). The operation of each of these businesses is described in Note 13, Segment Information, of our Annual Report (Form 10-K) for the year ended December 31, 2025. A summary of certain segment information is presented below (in millions):
| |
|
Assets
(Excludes intercompany accounts)
As of
|
|
| |
|
September 30, 2026
|
|
|
December 31, 2025
|
|
|
JBI
|
|
$ |
3,431 |
|
|
$ |
3,324 |
|
|
DCS
|
|
|
2,101 |
|
|
|
2,070 |
|
|
ICS
|
|
|
401 |
|
|
|
286 |
|
|
FMS
|
|
|
485 |
|
|
|
485 |
|
|
JBT
|
|
|
392 |
|
|
|
364 |
|
|
Total segment assets
|
|
|
6,810 |
|
|
|
6,529 |
|
|
Other (includes corporate)
|
|
|
1,277 |
|
|
|
1,398 |
|
|
Total
|
|
$ |
8,087 |
|
|
$ |
7,927 |
|
| |
|
Net Capital Expenditures (1)
For The Nine Months Ended
September 30,
|
|
| |
|
2026
|
|
|
2025
|
|
|
JBI
|
|
$ |
44.8 |
|
|
$ |
168.9 |
|
|
DCS
|
|
|
197.5 |
|
|
|
172.4 |
|
|
ICS
|
|
|
1.0 |
|
|
|
0.9 |
|
|
FMS
|
|
|
(0.4 |
) |
|
|
11.0 |
|
|
JBT
|
|
|
0.8 |
|
|
|
0.3 |
|
|
Total segment net capital expenditures
|
|
|
243.7 |
|
|
|
353.5 |
|
|
Other (includes corporate)
|
|
|
47.4 |
|
|
|
137.4 |
|
|
Total
|
|
$ |
291.1 |
|
|
$ |
490.9 |
|
| |
|
Revenues and Operating Income/(Loss)
|
|
| |
|
For The Three Months ended September 30, 2026
|
|
| |
|
JBI
|
|
|
DCS
|
|
|
ICS
|
|
|
FMS
|
|
|
JBT
|
|
|
Intersegment Eliminations
|
|
|
Consolidated
|
|
|
Total operating revenues
|
|
$ |
1,827.6 |
|
|
$ |
960.2 |
|
|
$ |
433.8 |
|
|
$ |
200.1 |
|
|
$ |
260.8 |
|
|
$ |
(5.7 |
) |
|
$ |
3,676.8 |
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rents, purchased transportation, and fuel
|
|
|
1,175.9 |
|
|
|
174.5 |
|
|
|
375.7 |
|
|
|
88.2 |
|
|
|
209.2 |
|
|
|
|
|
|
|
|
|
|
Salaries, wages and employee benefits
|
|
|
245.9 |
|
|
|
416.6 |
|
|
|
22.0 |
|
|
|
63.7 |
|
|
|
11.5 |
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
62.0 |
|
|
|
82.9 |
|
|
|
1.9 |
|
|
|
11.0 |
|
|
|
5.6 |
|
|
|
|
|
|
|
|
|
|
Operating supplies and expenses
|
|
|
76.3 |
|
|
|
81.5 |
|
|
|
3.7 |
|
|
|
8.9 |
|
|
|
9.1 |
|
|
|
|
|
|
|
|
|
|
Insurance and claims
|
|
|
36.8 |
|
|
|
51.5 |
|
|
|
4.9 |
|
|
|
4.9 |
|
|
|
6.8 |
|
|
|
|
|
|
|
|
|
|
General and administrative expenses, net of asset dispositions
|
|
|
74.5 |
|
|
|
56.1 |
|
|
|
15.8 |
|
|
|
20.2 |
|
|
|
11.1 |
|
|
|
|
|
|
|
|
|
|
Other segment items (2)
|
|
|
8.7 |
|
|
|
15.4 |
|
|
|
0.2 |
|
|
|
1.6 |
|
|
|
0.5 |
|
|
|
|
|
|
|
|
|
|
Total operating expenses
|
|
|
1,680.1 |
|
|
|
878.5 |
|
|
|
424.2 |
|
|
|
198.5 |
|
|
|
253.8 |
|
|
|
(5.4 |
) |
|
|
3,429.7 |
|
|
Operating Income (3)
|
|
$ |
147.5 |
|
|
$ |
81.7 |
|
|
$ |
9.6 |
|
|
$ |
1.6 |
|
|
$ |
7.0 |
|
|
$ |
(0.3 |
) |
|
$ |
247.1 |
|
| |
|
Revenues and Operating Income/(Loss)
|
|
| |
|
For The Three Months ended September 30, 2025
|
|
| |
|
JBI
|
|
|
DCS
|
|
|
ICS
|
|
|
FMS
|
|
|
JBT
|
|
|
Intersegment Eliminations
|
|
|
Consolidated
|
|
|
Total operating revenues
|
|
$ |
1,520.4 |
|
|
$ |
864.1 |
|
|
$ |
276.3 |
|
|
$ |
206.4 |
|
|
$ |
189.7 |
|
|
$ |
(4.0 |
) |
|
$ |
3,052.9 |
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rents, purchased transportation, and fuel
|
|
|
934.4 |
|
|
|
110.0 |
|
|
|
236.9 |
|
|
|
78.5 |
|
|
|
140.5 |
|
|
|
|
|
|
|
|
|
|
Salaries, wages and employee benefits
|
|
|
221.3 |
|
|
|
390.6 |
|
|
|
17.1 |
|
|
|
71.0 |
|
|
|
10.4 |
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
62.3 |
|
|
|
79.5 |
|
|
|
2.0 |
|
|
|
11.2 |
|
|
|
5.7 |
|
|
|
|
|
|
|
|
|
|
Operating supplies and expenses
|
|
|
66.2 |
|
|
|
70.4 |
|
|
|
2.2 |
|
|
|
9.1 |
|
|
|
8.1 |
|
|
|
|
|
|
|
|
|
|
Insurance and claims
|
|
|
28.3 |
|
|
|
43.1 |
|
|
|
3.4 |
|
|
|
5.2 |
|
|
|
6.4 |
|
|
|
|
|
|
|
|
|
|
General and administrative expenses, net of asset dispositions
|
|
|
75.0 |
|
|
|
51.5 |
|
|
|
15.4 |
|
|
|
22.7 |
|
|
|
10.7 |
|
|
|
|
|
|
|
|
|
|
Other segment items (2)
|
|
|
7.9 |
|
|
|
14.7 |
|
|
|
0.1 |
|
|
|
1.8 |
|
|
|
0.5 |
|
|
|
|
|
|
|
|
|
|
Total operating expenses
|
|
|
1,395.4 |
|
|
|
759.8 |
|
|
|
277.1 |
|
|
|
199.5 |
|
|
|
182.3 |
|
|
|
(3.9 |
) |
|
|
2,810.2 |
|
|
Operating Income (3)
|
|
$ |
125.0 |
|
|
$ |
104.3 |
|
|
$ |
(0.8 |
) |
|
$ |
6.9 |
|
|
$ |
7.4 |
|
|
$ |
(0.1 |
) |
|
$ |
242.7 |
|
| |
|
Revenues and Operating Income/(Loss)
|
|
| |
|
For The Nine Months ended September 30, 2026
|
|
| |
|
JBI
|
|
|
DCS
|
|
|
ICS
|
|
|
FMS
|
|
|
JBT
|
|
|
Intersegment
Eliminations
|
|
|
Consolidated
|
|
|
Total operating revenues
|
|
$ |
5,086.1 |
|
|
$ |
2,721.4 |
|
|
$ |
1,145.1 |
|
|
$ |
586.2 |
|
|
$ |
705.8 |
|
|
$ |
(16.0 |
) |
|
$ |
10,228.6 |
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rents, purchased transportation, and fuel
|
|
|
3,251.5 |
|
|
|
451.0 |
|
|
|
1,006.8 |
|
|
|
243.8 |
|
|
|
572.1 |
|
|
|
|
|
|
|
|
|
|
Salaries, wages and employee benefits
|
|
|
692.8 |
|
|
|
1,181.6 |
|
|
|
59.0 |
|
|
|
188.0 |
|
|
|
32.7 |
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
184.8 |
|
|
|
244.2 |
|
|
|
5.7 |
|
|
|
33.1 |
|
|
|
16.9 |
|
|
|
|
|
|
|
|
|
|
Operating supplies and expenses
|
|
|
209.9 |
|
|
|
226.3 |
|
|
|
9.4 |
|
|
|
28.0 |
|
|
|
25.1 |
|
|
|
|
|
|
|
|
|
|
Insurance and claims
|
|
|
98.6 |
|
|
|
146.9 |
|
|
|
12.8 |
|
|
|
13.3 |
|
|
|
19.4 |
|
|
|
|
|
|
|
|
|
|
General and administrative expenses, including asset dispositions
|
|
|
210.0 |
|
|
|
154.8 |
|
|
|
44.4 |
|
|
|
60.3 |
|
|
|
29.7 |
|
|
|
|
|
|
|
|
|
|
Other segment items (2)
|
|
|
25.7 |
|
|
|
45.0 |
|
|
|
0.4 |
|
|
|
5.3 |
|
|
|
1.5 |
|
|
|
|
|
|
|
|
|
|
Total operating expenses
|
|
|
4,673.3 |
|
|
|
2,449.8 |
|
|
|
1,138.5 |
|
|
|
571.8 |
|
|
|
697.4 |
|
|
|
(15.8 |
) |
|
|
9,515.0 |
|
|
Operating Income (3)
|
|
$ |
412.8 |
|
|
$ |
271.6 |
|
|
$ |
6.6 |
|
|
$ |
14.4 |
|
|
$ |
8.4 |
|
|
$ |
(0.2 |
) |
|
$ |
713.6 |
|
| |
|
Revenues and Operating Income/(Loss)
|
|
| |
|
For The Nine Months ended September 30, 2025
|
|
| |
|
JBI
|
|
|
DCS
|
|
|
ICS
|
|
|
FMS
|
|
|
JBT
|
|
|
Intersegment
Eliminations
|
|
|
Consolidated
|
|
|
Total operating revenues
|
|
$ |
4,427.5 |
|
|
$ |
2,533.2 |
|
|
$ |
804.6 |
|
|
$ |
617.8 |
|
|
$ |
533.3 |
|
|
$ |
(13.9 |
) |
|
$ |
8,902.5 |
|
|
Operating expenses:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Rents, purchased transportation, and fuel
|
|
|
2,748.9 |
|
|
|
323.1 |
|
|
|
688.4 |
|
|
|
230.0 |
|
|
|
393.1 |
|
|
|
|
|
|
|
|
|
|
Salaries, wages and employee benefits
|
|
|
660.9 |
|
|
|
1,148.9 |
|
|
|
50.7 |
|
|
|
212.1 |
|
|
|
31.4 |
|
|
|
|
|
|
|
|
|
|
Depreciation and amortization
|
|
|
184.4 |
|
|
|
238.4 |
|
|
|
6.0 |
|
|
|
33.5 |
|
|
|
20.1 |
|
|
|
|
|
|
|
|
|
|
Operating supplies and expenses
|
|
|
194.4 |
|
|
|
211.0 |
|
|
|
5.4 |
|
|
|
28.6 |
|
|
|
22.6 |
|
|
|
|
|
|
|
|
|
|
Insurance and claims
|
|
|
84.7 |
|
|
|
131.8 |
|
|
|
11.9 |
|
|
|
17.6 |
|
|
|
19.1 |
|
|
|
|
|
|
|
|
|
|
General and administrative expenses, including asset dispositions
|
|
|
215.1 |
|
|
|
158.0 |
|
|
|
48.5 |
|
|
|
70.6 |
|
|
|
32.8 |
|
|
|
|
|
|
|
|
|
|
Other segment items (2)
|
|
|
24.0 |
|
|
|
43.8 |
|
|
|
0.7 |
|
|
|
5.8 |
|
|
|
1.4 |
|
|
|
|
|
|
|
|
|
|
Total operating expenses
|
|
|
4,112.4 |
|
|
|
2,255.0 |
|
|
|
811.6 |
|
|
|
598.2 |
|
|
|
520.5 |
|
|
|
(13.8 |
) |
|
|
8,283.9 |
|
|
Operating Income (3)
|
|
$ |
315.1 |
|
|
$ |
278.2 |
|
|
$ |
(7.0 |
) |
|
$ |
19.6 |
|
|
$ |
12.8 |
|
|
$ |
(0.1 |
) |
|
$ |
618.6 |
|
| |
(1)
|
Net capital expenditures report the additions to property and equipment, net of proceeds from the sale of property and equipment.
|
| |
(2)
|
Other segment items include communication, utilities, and operating taxes and licenses expense items.
|
| |
(3)
|
Refer to the Condensed Consolidated Statements of Earnings for the reconciliation of consolidated operating income to earnings before income taxes.
|
|