v3.26.3
SEGMENT REPORTING (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Information
Reportable segment information is as follows (dollars in thousands):
Three Months Ended September 30, 2026
NASTGlobal ForwardingTotal
Revenues from external customers$3,829,223 $1,149,051 $4,978,274 
Other revenues from external customers(1)
379,786 
Total consolidated revenues
5,358,060 
Less significant segment expenses:
Purchased transportation and related services(2)
3,311,368 927,813 
Personnel expenses(2)
173,453 85,718 
Other selling, general, and administrative expenses(2)
140,499 55,473 
Segment operating income203,903 80,047 283,950 
Other operating income (loss)(1)
(12,143)
Total consolidated operating income
271,807 
Interest and other income/expense, net
(21,719)
Income before provision for income taxes
$250,088 
Three Months Ended September 30, 2025
NASTGlobal ForwardingTotal
Revenues from external customers$2,965,694 $786,347 $3,752,041 
Other revenues from external customers(1)
384,805 
Total consolidated revenues
4,136,846 
Less significant segment expenses:
Purchased transportation and related services(2)
2,521,555 594,592 
Personnel expenses(2)
162,086 92,507 
Other selling, general, and administrative expenses(2)
109,175 50,227 
Segment operating income172,878 49,021 221,899 
Other operating income (loss)(1)
(1,063)
Total consolidated operating income
220,836 
Interest and other income/expense, net
(15,602)
Income before provision for income taxes
$205,234 
_______________________________________
(1) Other revenues from external customers and other operating income (loss) are attributable to our Robinson Fresh and Managed Solutions segments, as well as Other Surface Transportation outside of North America and other miscellaneous revenues and unallocated corporate expenses.
(2) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
Nine Months Ended September 30, 2026
NASTGlobal ForwardingTotal
Revenues from external customers$10,369,815 $2,710,385 $13,080,200 
Other revenues from external customers(1)
1,224,892 
Total consolidated revenues
14,305,092 
Less significant segment expenses:
Purchased transportation and related services(2)
8,951,494 2,138,026 
Personnel expenses(2)
507,840 243,683 
Other selling, general, and administrative expenses(2)
371,603 155,975 
Segment operating income538,878 172,701 711,579 
Other operating income (loss)(1)
(8,343)
Total consolidated operating income
703,236 
Interest and other income/expense, net
(48,610)
Income before provision for income taxes
$654,626 
Nine Months Ended September 30, 2025
NASTGlobal ForwardingTotal
Revenues from external customers$8,752,341 $2,359,035 $11,111,376 
Other revenues from external customers(1)
1,208,753 
Total consolidated revenues
12,320,129 
Less significant segment expenses:
Purchased transportation and related services(2)
7,457,630 1,795,071 
Personnel expenses(2)
483,070 268,295 
Other selling, general, and administrative expenses(2)
331,101 152,375 
Segment operating income480,540 143,294 623,834 
Other operating income (loss)(1)
(10,226)
Total consolidated operating income
613,608 
Interest and other income/expense, net
(57,679)
Income before provision for income taxes
$555,929 
_______________________________________
(1) Other revenues from external customers and other operating income (loss) are attributable to our Robinson Fresh and Managed Solutions segments, as well as Other Surface Transportation outside of North America and other miscellaneous revenues and unallocated corporate expenses.
(2) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
Reportable segment information is as follows (dollars in thousands):
NASTGlobal ForwardingAll Other and CorporateConsolidated
Three Months Ended September 30, 2026
Depreciation and amortization$5,263 $1,479 $17,031 $23,773 
Total assets(1)
3,775,164 1,556,883 1,057,408 6,389,455 
Average employee headcount4,597 3,573 3,083 11,253 
NASTGlobal ForwardingAll Other and CorporateConsolidated
Three Months Ended September 30, 2025
Depreciation and amortization$4,874 $2,250 $18,705 $25,829 
Total assets(1)
2,978,317 1,233,692 1,015,845 5,227,854 
Average employee headcount5,187 4,245 3,127 12,559 
NASTGlobal ForwardingAll Other and CorporateConsolidated
Nine Months Ended September 30, 2026
Depreciation and amortization$14,789 $4,900 $51,505 $71,194 
Total assets(1)
3,775,164 1,556,883 1,057,408 6,389,455 
Average employee headcount4,674 3,710 3,095 11,479 
NASTGlobal ForwardingAll Other and CorporateConsolidated
Nine Months Ended September 30, 2025
Depreciation and amortization$14,498 $6,577 $55,262 $76,337 
Total assets(1)
2,978,317 1,233,692 1,015,845 5,227,854 
Average employee headcount5,234 4,380 3,339 12,953 
_________________________________________
(1) All cash and cash equivalents are included in All Other and Corporate.