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REPORTABLE SEGMENTS (Tables)
9 Months Ended
Sep. 30, 2014
REPORTABLE SEGMENTS  
Reportable Segment results

Segment results for the three and nine-month periods ended September 30, 2014 and 2013 were as follows (in millions):

 

 

 

Three-Months Ended
September 30

 

Nine-Months Ended
September 30

 

 

 

2014

 

2013

 

2014

 

2013

 

Revenue:

 

 

 

 

 

 

 

 

 

Ocean transportation

 

$

329.5

 

$

310.1

 

$

945.2

 

$

920.0

 

Logistics

 

112.3

 

104.9

 

325.5

 

306.3

 

Total revenue

 

$

441.8

 

$

415.0

 

$

1,270.7

 

$

1,226.3

 

Operating Income:

 

 

 

 

 

 

 

 

 

Ocean transportation

 

$

42.6

 

$

25.5

 

$

84.8

 

$

78.3

 

Logistics

 

2.4

 

1.7

 

5.8

 

4.1

 

Total operating income

 

45.0

 

27.2

 

90.6

 

82.4

 

Interest expense, net

 

(4.4

)

(3.6

)

(13.0

)

(10.9

)

Income before income taxes

 

40.6

 

23.6

 

77.6

 

71.5

 

Income taxes

 

(19.1

)

(6.4

)

(34.6

)

(25.1

)

Net income

 

$

21.5

 

$

17.2

 

$

43.0

 

$

46.4