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Description of Business and Summary of Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Summary of Property and Equipment, Estimated Useful Lives

Depreciation is computed using the straight-line method, except for tractors (included in revenue equipment) for which the declining-balance method is used. The following service lives are used to compute depreciation:

 

 

 

 

 

Years

Structures

 

 

 

20 to 25

Revenue equipment

 

 

 

6 to 14

Technology equipment and software

 

 

 

3 to 5

Other

 

 

 

3 to 10

Schedule of Property and Equipment

At December 31, property and equipment consisted of the following (in thousands):

 

 

 

2022

 

 

2021

 

Land

 

$

191,057

 

 

$

159,309

 

Structures

 

 

638,180

 

 

 

521,578

 

Revenue equipment

 

 

1,340,761

 

 

 

1,196,000

 

Technology equipment and software

 

 

187,333

 

 

 

161,791

 

Other

 

 

121,493

 

 

 

105,850

 

 

 

 

 

 

 

 

Total property and equipment, at cost

 

$

2,478,824

 

 

$

2,144,528