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NOTES RECEIVABLE
 12 Months Ended
Dec. 31, 2024
Receivables [Abstract]  
NOTES RECEIVABLE NOTES RECEIVABLE
We provide financing to some individuals who want to become independent contractors by purchasing a tractor from us and leasing their services to us. We maintain a primary security interest in the tractor until the independent contractor pays the note balance in full. On January 24, 2023, we purchased a $25.0 million subordinated promissory note from MLSI with a maturity date of January 24, 2030. The proceeds of the promissory note may be used by MLSI for working capital and general business purposes, including a limited amount for possible repayment of certain advances. There are no scheduled principal payments due on the promissory note until the maturity date, and interest accrues at 7.5% compounded annually, with the first accrued interest payment due on January 24, 2028, and at the end of each calendar year thereafter. The independent contractor notes receivable and other notes receivable are included in other current assets and other non-current assets in the consolidated balance sheets. The MLSI subordinated promissory note is included in other non-current assets in the consolidated balance sheets. The following table presents our notes receivable (in thousands):
 December 31,
 20242023
Independent contractor notes receivable$5,812 $6,864 
MLSI subordinated promissory note25,000 25,000 
Other notes receivable7,559 7,231 
Notes receivable38,371 39,095 
Less current portion2,548 2,208 
Notes receivable – non-current$35,823 $36,887 
We also provide financing to some individuals who attended our driver training schools. The student notes receivable is included in other receivables and other non-current assets in the consolidated balance sheets. The following table presents our student notes receivable (in thousands):
December 31,
20242023
Student notes receivable$68,546 $64,956 
Allowance for doubtful student notes receivable(21,662)(22,702)
Total student notes receivable, net of allowance46,884 42,254 
Less current portion, net of allowance13,206 13,705 
Student notes receivable – non-current$33,678 $28,549