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Revenue from Contracts with Customers (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2024 and 2023 within the segments and geographic region (in thousands):
Three Months Ended September 30, 2024
North AmericaEuropeAsia-PacificSouth AmericaTotal
Warehouse rent and storage
$209,121 $18,929 $18,230 $2,465 $248,745 
Warehouse services
283,046 27,001 37,867 1,743 349,657 
Transportation
25,121 15,239 10,566 838 51,764 
Third-party managed
4,010 — 6,216 — 10,226 
Total revenues (1)
521,298 61,169 72,879 5,046 660,392 
Lease revenue (2)
12,230 1,083 466 — 13,779 
Total revenues from contracts with all customers
$533,528 $62,252 $73,345 $5,046 $674,171 
Three Months Ended September 30, 2023
North AmericaEuropeAsia-PacificSouth AmericaTotal
Warehouse rent and storage
$222,269 $20,692 $20,994 $2,062 $266,017 
Warehouse services
266,387 25,460 31,072 1,178 324,097 
Transportation
30,249 16,078 8,671 644 55,642 
Third-party managed
4,029 — 5,663 — 9,692 
Total revenues (1)
522,934 62,230 66,400 3,884 655,448 
Lease revenue (2)
11,091 1,400 — — 12,491 
Total revenues from contracts with all customers
$534,025 $63,630 $66,400 $3,884 $667,939 
(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.
Nine Months Ended September 30, 2024
North AmericaEuropeAsia-PacificSouth AmericaTotal
Warehouse rent and storage
$640,078 $55,174 $55,593 $6,042 $756,887 
Warehouse services
823,532 77,202 105,723 4,202 1,010,659 
Transportation
82,847 45,743 28,655 2,009 159,254 
Third-party managed
12,596 — 17,978 — 30,574 
Total revenues (1)
1,559,053 178,119 207,949 12,253 1,957,374 
Lease revenue (2)
36,975 3,826 1,931 — 42,732 
Total revenues from contracts with all customers
$1,596,028 $181,945 $209,880 $12,253 $2,000,106 
Nine Months Ended September 30, 2023
North AmericaEuropeAsia-PacificSouth AmericaTotal
Warehouse rent and storage
$664,341 $62,401 $56,148 $5,638 $788,528 
Warehouse services
774,286 76,154 99,522 3,766 953,728 
Transportation
94,310 59,961 25,603 1,918 181,792 
Third-party managed
16,370 — 17,049 — 33,419 
Total revenues (1)
1,549,307 198,516 198,322 11,322 1,957,467 
Lease revenue (2)
32,406 4,165 — — 36,571 
Total revenues from contracts with all customers
$1,581,713 $202,681 $198,322 $11,322 $1,994,038 
(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.