v3.26.3
REVENUE FROM CONTRACTS WITH CUSTOMERS
9 Months Ended
Sep. 30, 2026
Revenue from Contract with Customer [Abstract]  
REVENUE FROM CONTRACTS WITH CUSTOMERS REVENUE FROM CONTRACTS WITH CUSTOMERS
A summary of our total revenues disaggregated by major service line and timing of revenue recognition is presented below for each of our reportable segments (in thousands):
Three Months Ended September 30, 2026
NASTGlobal ForwardingAll Other and CorporateTotal
Major Service Lines
Transportation and logistics services(1)
$3,829,223 $1,149,051 $33,903 $5,012,177 
Sourcing(2)
— — 345,883 345,883 
Total revenues$3,829,223 $1,149,051 $379,786 $5,358,060 
Three Months Ended September 30, 2025
NASTGlobal ForwardingAll Other and CorporateTotal
Major Service Lines
Transportation and logistics services(1)
$2,965,694 $786,347 $31,494 $3,783,535 
Sourcing(2)
— — 353,311 353,311 
Total revenues$2,965,694 $786,347 $384,805 $4,136,846 
Nine Months Ended September 30, 2026
NASTGlobal ForwardingAll Other and CorporateTotal
Major Service Lines
Transportation and logistics services(1)
$10,369,815 $2,710,385 $100,461 $13,180,661 
Sourcing(2)
— — 1,124,431 1,124,431 
Total revenues$10,369,815 $2,710,385 $1,224,892 $14,305,092 
Nine Months Ended September 30, 2025
NASTGlobal ForwardingAll Other and CorporateTotal
Major Service Lines
Transportation and logistics services(1)
$8,752,341 $2,359,035 $140,734 $11,252,110 
Sourcing(2)
— — 1,068,019 1,068,019 
Total revenues$8,752,341 $2,359,035 $1,208,753 $12,320,129 
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(1) Transportation and logistics services performance obligations are completed over time.
(2) Sourcing performance obligations are completed at a point in time.
We typically do not receive consideration, and amounts are not due from our customers, prior to the completion of our performance obligation. As such, contract liabilities were not significant as of September 30, 2026, and revenue recognized from contract liabilities for the three and nine months ended September 30, 2026 and 2025 was not significant. Contract assets and accrued expenses-transportation expense fluctuate from period to period primarily based upon changes in transportation pricing and costs and shipments in-transit at period end.