GOODWILL AND INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2020

GOODWILL AND INTANGIBLE ASSETS

Schedule of changes in carrying amount of goodwill

The summary of changes in goodwill follows for the six months ended June 30, 2020 (in millions):

	Flatbed		Specialized		Total
Goodwill balance at December 31, 2019	$	59.3	$	80.6	$	139.9
Foreign currency translation adjustment		—		(0.4)		(0.4)
Goodwill balance at June 30, 2020	$	59.3	$	80.2	$	139.5

Schedule of intangible assets

Intangible assets consisted of the following as of June 30, 2020 and December 31, 2019 (in millions):

	As of June 30, 2020						As of December 31, 2019
	Intangible		Accumulated		Intangible		Intangible		Accumulated		Intangible
	Assets		Amortization		Assets, net		Assets		Amortization		Assets, net
Non-competition agreements	$	21.7	$	(19.2)	$	2.5	$	21.7	$	(18.4)	$	3.3
Customer relationships		88.9		(45.0)		43.9		88.9		(42.2)		46.7
Trade names		52.9		—		52.9		59.1		—		59.1
Foreign currency translation adjustment		(0.3)		—		(0.3)		—		—		—
Total intangible assets	$	163.2	$	(64.2)	$	99.0	$	169.7	$	(60.6)	$	109.1

Schedule of future estimated amortization expense

Future estimated amortization expense is as follows (in millions):

	Non-competition		Customer
Year ending December 31,	Agreements		Relationships
2020(1)	$	0.5	$	3.0
2021		1.0		5.9
2022		0.9		5.9
2023		0.1		5.9
2024		—		4.1
Thereafter		—		19.1
Total	$	2.5	$	43.9

(1) Six months ending December 31, 2020