Segment Information (Tables)

12 Months Ended

Dec. 28, 2024

Information Regarding Reportable Business Segments

The following tables summarize information about the Company’s reportable business segments as of and for the fiscal years ending December 28, 2024, December 30, 2023 and December 31, 2022 (in thousands):

	Transportation Logistics		Insurance		Total
2024
External revenue	$	4,756,008	$	63,237	$	4,819,245
Internal revenue		—		57,476		57,476
Total revenue		4,756,008		120,713		4,876,721
Investment income				14,810		14,810
Purchased transportation		3,745,241				3,745,241
Commissions to agents		392,751				392,751
Other operating costs, net of gains on asset sales/dispositions		58,781				58,781
Insurance and claims		92,712		78,693		171,405
Selling, general and administrative		204,089		13,619		217,708
Depreciation and amortization		56,738				56,738
Operating income		205,696		43,211		248,907
Goodwill		40,933				40,933

	Transportation Logistics		Insurance		Total
2023
External revenue	$	5,230,846	$	72,476	$	5,303,322
Internal revenue		—		67,977		67,977
Total revenue		5,230,846		140,453		5,371,299
Investment income				10,141		10,141
Purchased transportation		4,068,262				4,068,262
Commissions to agents		462,668				462,668
Other operating costs, net of gains on asset sales/dispositions		54,191				54,191
Insurance and claims		101,179		81,039		182,218
Selling, general and administrative		197,819		13,980		211,799
Depreciation and amortization		58,153				58,153
Operating income		288,574		55,575		344,149
Goodwill		42,275				42,275

	Transportation Logistics		Insurance		Total
2022
External revenue	$	7,358,008	$	78,554	$	7,436,562
Internal revenue		—		79,229		79,229
Total revenue		7,358,008		157,783		7,515,791
Investment income				3,162		3,162
Purchased transportation		5,804,017				5,804,017
Commissions to agents		614,865				614,865
Other operating costs, net of gains on asset sales/dispositions		45,192				45,192
Insurance and claims		105,477		99,587		205,064
Selling, general and administrative		206,504		14,775		221,279
Depreciation and amortization		57,453				57,453
Operating income		524,500		46,583		571,083
Goodwill		41,220				41,220

	Fiscal Years Ended
	December 28, 2024			December 30, 2023			December 31, 2022
Total revenue	$	4,876,721		$	5,371,299		$	7,515,791
Elimination of internal revenue		(57,476	)		(67,977	)		(79,229	)
Total consolidated revenue		4,819,245			5,303,322			7,436,562
Operating income	$	248,907		$	344,149		$	571,083
Interest and debt (income) expense (1)		(5,419	)		(3,946	)		3,620
Income before income taxes		254,326			348,095			567,463

(1)  Interest and debt (income) expense includes (1) interest income earned on cash balances held by the transportation logistics segment of $9,495, $7,811 and $900 in 2024, 2023 and 2022, respectively and (2) consolidated total interest expense of $4,076, $3,865 and $4,520 (1) in 2024, 2023 and 2022, respectively.