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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of Measure of Segment Assets

The following table presents selected financial information with respect to the Company’s single reportable segment (in thousands):

 

 

 

Second Quarter

 

 

Six Months

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Revenue

 

$

817,115

 

 

$

823,244

 

 

$

1,604,690

 

 

$

1,578,019

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

Wages (a)

 

 

231,441

 

 

 

227,223

 

 

 

464,969

 

 

 

434,649

 

Salaries (a)

 

 

50,150

 

 

 

46,584

 

 

 

101,826

 

 

 

91,783

 

Purchased Transportation

 

 

57,699

 

 

 

61,047

 

 

 

117,548

 

 

 

113,554

 

Other Segment items (b)

 

 

315,007

 

 

 

297,935

 

 

 

628,675

 

 

 

580,029

 

Depreciation and Amortization

 

 

62,546

 

 

 

52,536

 

 

 

121,589

 

 

 

101,385

 

Interest Expense

 

 

4,742

 

 

 

2,412

 

 

 

9,027

 

 

 

2,954

 

Interest Income

 

 

(34

)

 

 

(110

)

 

 

(73

)

 

 

(865

)

Income Tax Expense

 

 

24,173

 

 

 

33,098

 

 

 

39,928

 

 

 

61,316

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Segment and Consolidated Net Income

 

$

71,391

 

 

$

102,519

 

 

$

121,201

 

 

$

193,214

 

 

(a) Wages includes payroll costs for non-management employees generally paid on an hourly or per-mile basis. Salaries includes payroll costs for exempt employees.

 

(b) Other segment items include employees' benefits, fuel, operating expenses and supplies, operating taxes and licenses and claims and insurance.