Segment Information (Tables)

3 Months Ended

Mar. 31, 2026

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents segment revenues, significant segment expenses and segment contribution with a reconciliation to Loss before income taxes for the three months ended March 31, 2026 and 2025:

	Three Months Ended March 31,
	2026		2025
	(In thousands)
Segment revenues:
Warehouse(1)	$	577,913	$	584,987
Transportation	51,957		43,993
Total revenues	629,870		628,980
Significant Segment Expenses:
Warehouse(1):
Power	33,823		31,711
Other facilities costs(2)	61,223		59,723
Labor	252,718		247,444
Other services costs(2)	43,443		47,515
Total warehouse cost of operations	391,207		386,393
Transportation services cost of operations	43,154		36,739
Total segment expenses	$	434,361	$	423,132
Segment contribution:
Warehouse(1)	186,706		198,594
Transportation	8,803		7,254
Total segment contribution	195,509		205,848
Depreciation and amortization expense	(91,660)		(88,982)
Selling, general, and administrative expense	(71,319)		(69,235)
Transactions, strategic initiatives and other costs, net	(20,445)		(25,414)
Net gain from sale of real estate	2,205		—
Interest expense	(41,519)		(36,117)
Loss from investments in partially owned entities	(412)		(1,363)
Other, net	7,383		1,296
Loss before income taxes	$	(20,258)	$	(13,967)

(1)Prior period Warehouse segment financial results have been recast to include the Company’s former Third-Party Managed reportable segment.

(2)Certain immaterial prior period amounts have been reclassified to conform to the current period presentation.