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Revenue from Contracts with Customers (Tables)
6 Months Ended
Jun. 30, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenues
The following tables represent a disaggregation of revenues from contracts with customers for the three and six month ended June 30, 2025 and 2024 by segment and geographic region:
Three Months Ended June 30, 2025
North AmericaEuropeAsia-PacificSouth AmericaTotal
(In thousands)
Warehouse rent and storage
$201,585 $18,995 $18,521 $2,022 $241,123 
Warehouse services
269,952 26,661 39,313 1,412 337,338 
Transportation
22,917 11,921 12,540 719 48,097 
Third-party managed
2,395 — 6,186 — 8,581 
Total revenues (1)
496,849 57,577 76,560 4,153 635,139 
Lease revenues (2)
14,063 929 617 — 15,609 
Total revenues
$510,912 $58,506 $77,177 $4,153 $650,748 
Three Months Ended June 30, 2024
North AmericaEuropeAsia-PacificSouth AmericaTotal
(In thousands)
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 revenues (2)
12,668 1,229 1,465 — 15,362 
Total revenues
$527,907 $60,431 $68,446 $4,171 $660,955 
(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, 2025
North AmericaEuropeAsia-PacificSouth AmericaTotal
(In thousands)
Warehouse rent and storage
$403,599 $36,557 $36,353 $3,913 $480,422 
Warehouse services
530,101 50,749 74,401 2,865 658,116 
Transportation
46,347 22,561 21,717 1,465 92,090 
Third-party managed
6,039 — 12,172 — 18,211 
Total revenues (1)
986,086 109,867 144,643 8,243 1,248,839 
Lease revenues (2)
28,080 1,800 1,009 — 30,889 
Total revenues
$1,014,166 $111,667 $145,652 $8,243 $1,279,728 
Six Months Ended June 30, 2024
North AmericaEuropeAsia-PacificSouth AmericaTotal
(In thousands)
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 revenues (2)
24,745 2,743 1,465 — 28,953 
Total revenues
$1,062,500 $119,693 $136,535 $7,207 $1,325,935 
(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.