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REPORTABLE SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2015
REPORTABLE SEGMENTS  
Schedule of reportable segment information

Segment results for the three and six months ended June 30, 2015 and 2014 were as follows (in millions):

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30

 

June 30

 

 

 

2015

 

2014

 

2015

 

2014

 

Revenue:

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

346.7

 

$

321.1

 

$

652.2

 

$

615.7

 

Logistics

 

100.9

 

115.3

 

193.6

 

213.2

 

 

 

 

 

 

 

 

 

 

 

Total Revenue

 

$

447.6

 

$

436.4

 

$

845.8

 

$

828.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income:

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

31.4

 

$

32.8

 

$

75.3

 

$

42.2

 

Logistics

 

2.3

 

2.9

 

3.3

 

3.4

 

 

 

 

 

 

 

 

 

 

 

Total Operating Income

 

33.7

 

35.7

 

78.6

 

45.6

 

Interest expense, net

 

(4.6

)

(4.5

)

(8.9

)

(8.6

)

 

 

 

 

 

 

 

 

 

 

Income before Income Taxes

 

29.1

 

31.2

 

69.7

 

37.0

 

Income taxes

 

(19.2

)

(13.1

)

(34.8

)

(15.5

)

 

 

 

 

 

 

 

 

 

 

Net Income

 

$

9.9

 

$

18.1

 

$

34.9

 

$

21.5