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REPORTABLE SEGMENTS (Tables)
6 Months Ended
Jun. 30, 2016
REPORTABLE SEGMENTS  
Schedule of reportable segment information

Reportable segment results for the three and six months ended June 30, 2016 and 2015 were as follows (in millions):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

Six Months Ended

 

 

 

June 30, 

 

June 30, 

 

 

    

2016

    

2015

    

2016

    

2015

    

Operating Revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

370.9

 

$

346.7

 

$

737.0

 

$

652.2

 

Logistics

 

 

96.8

 

 

100.9

 

 

184.9

 

 

193.6

 

Total Operating Revenue

 

$

467.7

 

$

447.6

 

$

921.9

 

$

845.8

 

Operating Income:

 

 

 

 

 

 

 

 

 

 

 

 

 

Ocean Transportation

 

$

33.9

 

$

31.4

 

$

66.9

 

$

75.3

 

Logistics

 

 

2.2

 

 

2.3

 

 

3.8

 

 

3.3

 

Total Operating Income

 

 

36.1

 

 

33.7

 

 

70.7

 

 

78.6

 

Interest expense, net

 

 

(6.5)

 

 

(4.6)

 

 

(11.4)

 

 

(8.9)

 

Income before Income Taxes

 

 

29.6

 

 

29.1

 

 

59.3

 

 

69.7

 

Income taxes

 

 

(11.6)

 

 

(19.2)

 

 

(23.2)

 

 

(34.8)

 

Net Income

 

$

18.0

 

$

9.9

 

$

36.1

 

$

34.9