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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following tables represent a disaggregation of revenue from contracts with customers for the three and six months ended June 30, 2024 and 2023 within the segments and geographic region (in thousands):
Three Months Ended June 30, 2024
North AmericaEuropeAsia-PacificSouth AmericaTotal
Warehouse rent and storage
$213,562 $18,381 $18,301 $2,065 $252,309 
Warehouse services
272,698 25,213 33,366 1,439 332,716 
Transportation
24,831 15,608 9,531 667 50,637 
Third-party managed
4,148 — 5,783 — 9,931 
Total revenues (1)
515,239 59,202 66,981 4,171 645,593 
Lease revenue (2)
12,668 1,229 1,465 — 15,362 
Total revenues from contracts with all customers
$527,907 $60,431 $68,446 $4,171 $660,955 
Three Months Ended June 30, 2023
North AmericaEuropeAsia-PacificSouth AmericaTotal
Warehouse rent and storage
$222,990 $21,164 $17,489 $1,874 $263,517 
Warehouse services
246,268 24,338 34,078 1,303 305,987 
Transportation
28,680 20,477 8,260 655 58,072 
Third-party managed
4,778 — 5,590 10,368 
Total revenues (1)
502,716 65,979 65,417 3,832 637,944 
Lease revenue (2)
10,265 1,401 — — 11,666 
Total revenues from contracts with all customers
$512,981 $67,380 $65,417 $3,832 $649,610 
(1)Revenues are within the scope of ASC 606, Revenue From Contracts with Customers. Elements of contracts or arrangements that are in the scope of other standards (e.g., leases) are separated and accounted for under those standards.
(2)Revenues are within the scope of ASC 842, Leases.
Six Months Ended June 30, 2024
North AmericaEuropeAsia-PacificSouth AmericaTotal
Warehouse rent and storage
$430,957 $36,245 $37,363 $3,577 $508,142 
Warehouse services
540,486 50,201 67,856 2,459 661,002 
Transportation
57,726 30,504 18,089 1,171 107,490 
Third-party managed
8,586 — 11,762 — 20,348 
Total revenues (1)
1,037,755 116,950 135,070 7,207 1,296,982 
Lease revenue (2)
24,745 2,743 1,465 — 28,953 
Total revenues from contracts with all customers
$1,062,500 $119,693 $136,535 $7,207 $1,325,935 
Six Months Ended June 30, 2023
North AmericaEuropeAsia-PacificSouth AmericaTotal
Warehouse rent and storage
$442,072 $41,709 $35,154 $3,576 $522,511 
Warehouse services
507,899 50,694 68,450 2,588 629,631 
Transportation
64,061 43,883 16,932 1,274 126,150 
Third-party managed
12,341 — 11,386 — 23,727 
Total revenues (1)
1,026,373 136,286 131,922 7,438 1,302,019 
Lease revenue (2)
21,315 2,765 — — 24,080 
Total revenues from contracts with all customers
$1,047,688 $139,051 $131,922 $7,438 $1,326,099 
(1)Revenues are within the scope of ASC 606, Revenue From Contracts with Customers. Elements of contracts or arrangements that are in the scope of other standards (e.g., leases) are separated and accounted for under those standards.
(2)Revenues are within the scope of ASC 842, Leases.