Note 3 - Revenue Recognition

6 Months Ended

Jun. 30, 2018

Revenue from Contract with Customer [Text Block]

NOTE

–

REVENUE RECOGNITION

Revenue is measured based upon consideration specified in a contract with a customer. The Company recognizes revenue when contractual performance obligations are satisfied by transferring the benefit of the service to our customer. The benefit is transferred to the customer as the service is being provided and revenue is recognized accordingly via time based metrics. The Company is entitled to receive payment as it satisfies performance obligations with customers. Our business consists of

two

reportable segments, Trucking and USAT Logistics. For more detailed information about our reportable segments, see Note

Disaggregation of revenue

The Company’s revenue types are line haul, fuel surcharge and accessorial. Line haul revenue represents the majority of our revenue and consists of fees earned for freight transportation, excluding fuel surcharge. Fuel surcharge revenue consists of additional fees earned by the Company in connection with the performance of line haul services to partially or completely offset the cost of fuel. Accessorial revenue consists of ancillary services provided by the Company, including but

not

limited to, stop-off charges, loading and unloading charges, tractor or trailer detention charges, expedited charges, repositioning charges, etc. These accessorial charges are recognized as revenue throughout the service provided. The following tables set forth revenue disaggregated by revenue type (in thousands):

	Three Months Ended
	June 30,
Revenue type	2018						2017
	Trucking		USAT Logistics		Total		Trucking		USAT Logistics		Total
Freight	$	72,925	$	44,624	$	117,549	$	61,667	$	32,742	$	94,409
Fuel surcharge		12,123		4,151		16,274		8,828		2,492		11,320
Accessorial		521		1,037		1,558		1,050		579		1,629
Total	$	85,569	$	49,812	$	135,381	$	71,545	$	35,813	$	107,358

	Six Months Ended
	June 30,
Revenue type	2018						2017
	Trucking		USAT Logistics		Total		Trucking		USAT Logistics		Total
Freight	$	139,729	$	85,102	$	224,831	$	121,516	$	60,844	$	182,360
Fuel surcharge		23,298		7,710		31,008		18,015		5,147		23,162
Accessorial		1,275		3,280		4,555		2,294		1,212		3,506
Total	$	164,302	$	96,092	$	260,394	$	141,825	$	67,203	$	209,028