GENERAL AND SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2025

Schedule of prepaid expenses and other assets

	March 31,		December 31,
Prepaid Expenses and Other Assets (in millions)	2025		2024
Vessel fuel	$	31.6	$	31.2
Prepaid insurance and insurance related receivables		17.5		19.1
Prepaid operating expenses		8.8		8.8
Income tax receivables, net		2.6		2.0
Other		14.8		12.8
Total	$	75.3	$	73.9

Ocean Transportation

Schedule of principal revenue generating activities by segment

	Three Months Ended
	March 31,
Ocean Transportation (in millions) (1)	2025		2024
Ocean Transportation services	$	632.9	$	565.8
Terminal and other related services		2.5		8.7
Fuel sales		2.0		2.9
Vessel management and related services		—		1.6
Total	$	637.4	$	579.0

(1) Ocean Transportation revenue transactions are primarily denominated in U.S. dollars except for less than 3 percent of Ocean Transportation services revenue and fuel sales revenue categories which are denominated in foreign currencies.

Logistics

Schedule of principal revenue generating activities by segment

	Three Months Ended
	March 31,
Logistics (in millions) (1)	2025		2024
Transportation Brokerage and Freight Forwarding services	$	127.3	$	127.4
Warehousing services		9.0		9.1
Supply Chain Management services		8.3		6.6
Total	$	144.6	$	143.1

(1) Logistics revenue transactions are primarily denominated in U.S. dollars except for less than 3 percent of Transportation Brokerage and Freight Forwarding services revenue, and Supply Chain Management services revenue categories which are denominated in foreign currencies.