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Revenue Recognition
 9 Months Ended
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Disaggregation of Revenues
We disaggregate our revenue by geographic area, service offering and industry sector. The majority of our revenue, based on sales office location, is generated in the U.S. Approximately 7% and 8% of our revenues were generated outside the U.S. (primarily in Canada, Mexico, Europe and Asia) for the three months ended September 30, 2025 and 2024, respectively. Approximately 7% and 8% of our revenues were generated outside the U.S. (primarily in Canada, Mexico, Europe and Asia) for the nine months ended September 30, 2025 and 2024, respectively.
Our revenue disaggregated by service offering is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(In millions)2025202420252024
Truck brokerage$1,039 $655 $3,131 $1,762 
Last mile305 268 898 765 
Managed transportation137 151 416 459 
Eliminations(60)(34)(172)(103)
Total$1,421 $1,040 $4,273 $2,883 
Our revenue disaggregated by industry sector is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(In millions)2025202420252024
Retail/e-commerce$530 $399 $1,601 $1,112 
Industrial/manufacturing270 202 817 579 
Food and beverage229 125 682 324 
Logistics and transportation123 62 359 145 
Automotive88 101 276 305 
Other181 151 538 418 
Total$1,421 $1,040 $4,273 $2,883 
Performance Obligations
Remaining performance obligations represent firm contracts for which services have not been performed and future revenue recognition is expected. As permitted in determining the remaining performance obligation, we omit obligations that: (i) have original expected durations of one year or less or (ii) contain variable consideration. As of September 30, 2025, the fixed consideration component of our remaining performance obligations was approximately $16 million, and we expect approximately 94% of that amount to be recognized over the next 3 years and the remainder thereafter. We estimate remaining performance obligations at a point in time and actual amounts may differ from these estimates due to contract revisions or terminations.