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Business Segments
6 Months Ended
Jun. 30, 2017
Segment Reporting [Abstract]  
Business Segments
Business Segments

We report financial and descriptive information about our reporting segments on a basis consistent with that used internally for evaluating segment performance and allocating resources to segments. We evaluate segment performance primarily on external revenue, operating income (loss), and operating ratio.

We charge management fees and other corporate service fees to our reporting segments based on the benefits received or an overhead allocation basis. Corporate and other operating losses represent residual operating expenses of the holding company. Corporate identifiable assets primarily consist of cash and cash equivalents and restricted cash. Intersegment revenue primarily relates to transportation services between our segments.

The following table summarizes our operations by business segment:
 
(in millions)
YRC Freight
 
Regional
Transportation
 
Corporate/
Eliminations
 
Consolidated
As of June 30, 2017
 
 
 
 
 
 
 
Identifiable assets
$
1,077.1

 
$
658.3

 
$
23.7

 
$
1,759.1

As of December 31, 2016
 
 
 
 
 
 
 
Identifiable assets
$
1,208.7

 
$
642.9

 
$
(81.6
)
 
$
1,770.0

Three Months Ended June 30, 2017
 
 
 
 
 
 
 
External revenue
$
789.5

 
$
471.2

 
$
(0.1
)
 
$
1,260.6

Operating income (loss)
$
28.0

 
$
25.3

 
$
(3.3
)
 
$
50.0

Six Months Ended June 30, 2017
 
 
 
 
 
 
 
External revenue
$
1,518.4

 
$
913.0

 
$
(0.2
)
 
$
2,431.2

Operating income (loss)
$
17.5

 
$
37.5

 
$
(8.0
)
 
$
47.0

Three Months Ended June 30, 2016
 
 
 
 
 
 
 
External revenue
$
755.0

 
$
452.8

 
$
(0.2
)
 
$
1,207.6

Operating income (loss)
$
28.4

 
$
30.6

 
$
(1.8
)
 
$
57.2

Six Months Ended June 30, 2016
 
 
 
 
 
 
 
External revenue
$
1,450.7

 
$
877.6

 
$
(0.4
)
 
$
2,327.9

Operating income (loss)
$
32.5

 
$
43.0

 
$
(4.9
)
 
$
70.6