Daseke Inc (DSKE) Quarterly and Annual Segment Results by Country and Region - CSIMarket
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Daseke Inc   (NASDAQ: DSKE)
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Description of Daseke Inc's Business Segments


Daseke Inc. is a leading player in the transportation and logistics sector in North America, primarily specializing in flatbed, specialized, and heavy haul transportation services. The company has strategically expanded its capabilities through acquisitions of various regional and national carriers, leading to a diversified portfolio of services that cater to multiple industries. Daseke operates through four main business units, each focusing on distinct transportation segments.

1. Flatbed Segment
The Flatbed unit of Daseke is designed to accommodate the transportation needs of businesses requiring the movement of oversized, overweight, or uniquely shaped cargo. This segment is characterized by its significant fleet of flatbed trucks, ranging from standard flatbeds to specialized trailers. Key characteristics of this segment include:

- Applications: The Flatbed unit serves industries such as construction, manufacturing, agriculture, aerospace, and energy. For instance, construction companies rely on flatbeds for transporting steel beams, lumber, and machinery to job sites, while manufacturers may need such services for large equipment and fabricated parts.

- Fleet Capability: The flatbed fleet includes a variety of trailer configurations, enabling Daseke to cater to different cargo dimensions and weights. Dasekes ability to provide multi-axle configurations allows for safer transportation of heavier loads, thereby aligning with industry regulations.

Specialized Segment
The Specialized unit focuses on transporting unique and complex cargo that requires more than conventional transportation methods. This segment is crucial for industries with specific logistical requirements:

- Services Offered: Services in this unit include not only transportation but also heavy haul requirements, permit management, and escort services for exceptionally large or heavy loads. This could encompass moving wind turbines, large electrical generators, or other significant industrial components.

- Industry Focus: The Specialized unit targets sectors like oil and gas, power generation, and construction, where specific cargo conditions and regulatory compliance are paramount.

Heavy Haul Segment
The Heavy Haul unit targets the transportation of super-heavy and over-dimensional loads. Daseke has made significant investments in specialized equipment to manage these challenging logistics:

- Specialized Equipment: This includes multi-axle trailers and equipment specifically designed for heavy cargo which often exceeds standard limits in weight or size, such as transformers, large generators, cranes, and other monumental industrial equipment.

- Sector Engagement: The Heavy Haul unit primarily serves industries involved in power generation, industrial equipment and infrastructure projects, allowing for the safe transport of large machinery essential for development projects.

Energy and Resources (E&R) Segment
The Energy and Resources unit is tailored for the transportation needs of the energy and natural resources sectors. Key offerings include:

- Specialized Transportation Solutions: This includes the transport of pipelines, fracking equipment, and specialized machinery necessary for oil and gas extraction and processing.

- Industry Relationships: Dasekes E&R segment maintains strong partnerships with companies in the energy sector, ensuring fluid logistics for the continually evolving demands of energy transportation.

Products and Services Overview
In addition to its core transportation services, Daseke offers a comprehensive array of logistics solutions designed to enhance its customer offerings:

- Logistics Services: Daseke provides logistics services that include warehousing, transportation management, and supply chain management. The logistics segment features temperature-controlled, dry van, and intermodal shipping options to address various customer requirements.

- Infrastructure Support: Customers benefit from Dasekes ability to provide cranes, specialized trailers, and other equipment for managing the transportation of their cargo efficiently and safely.

- Regulatory Management: Daseke takes on the responsibility of acquiring all necessary permits and arranging for escorts for heavy loads, ensuring compliance with local and federal regulations.

Conclusion
Daseke Inc. has established itself as a significant entity in the North American transportation and logistics sector by offering a vast range of services tailored to meet the unique needs of its customers across various industries. With a robust fleet of over 2,300 tractors and more than 6,000 trailers, Dasekes comprehensive service delivery capabilities allow it to serve both domestic and international markets effectively. Through its specialized business units, Daseke remains well-positioned to adapt to the evolving demands of the transport industry, ensuring reliable and efficient services.




Annual Report on Daseke Inc Divisions, Sales by Country

 
Company freight   Company freight Segment contribution to total sales 41.73 % of total Revenue
Owner operator freight   Owner operator freight Segment contribution to total sales 26.91 % of total Revenue
Brokerage   Brokerage Segment contribution to total sales 15.43 % of total Revenue
Logistics   Logistics Segment contribution to total sales 3.82 % of total Revenue
Fuel surcharge   Fuel surcharge Segment contribution to total sales 12.12 % of total Revenue
Flatbed Solution Consolidated   Flatbed Solution Consolidated Segment contribution to total sales 41.09 % of total Revenue
Flatbed Solution Consolidated Company freight   Flatbed Solution Consolidated Company freight Segment contribution to total sales 11.34 % of total Revenue
Flatbed Solution Consolidated Owner operator freight   Flatbed Solution Consolidated Owner operator freight Segment contribution to total sales 17.99 % of total Revenue
Flatbed Solution Consolidated Brokerage   Flatbed Solution Consolidated Brokerage Segment contribution to total sales 5.59 % of total Revenue
Flatbed Solution Consolidated Logistics   Flatbed Solution Consolidated Logistics Segment contribution to total sales 0.31 % of total Revenue
Flatbed Solution Consolidated Fuel surcharge   Flatbed Solution Consolidated Fuel surcharge Segment contribution to total sales 5.87 % of total Revenue
Specialized Consolidated   Specialized Consolidated Segment contribution to total sales 58.91 % of total Revenue
Specialized Consolidated Company freight   Specialized Consolidated Company freight Segment contribution to total sales 30.39 % of total Revenue
Specialized Consolidated Owner operator freight   Specialized Consolidated Owner operator freight Segment contribution to total sales 8.92 % of total Revenue
Specialized Consolidated Brokerage   Specialized Consolidated Brokerage Segment contribution to total sales 9.84 % of total Revenue
Specialized Consolidated Logistics   Specialized Consolidated Logistics Segment contribution to total sales 3.51 % of total Revenue
Specialized Consolidated Fuel surcharge   Specialized Consolidated Fuel surcharge Segment contribution to total sales 6.24 % of total Revenue


Twelve months ended 2023
DSKE s Annual Revenue by Geography and Business Segments Sales
(in millions $)
%
(of total Sales)
Company freight 654.90 41.73 %
Owner operator freight 422.30 26.91 %
Brokerage 242.10 15.43 %
Logistics 59.90 3.82 %
Fuel surcharge 190.20 12.12 %
Flatbed Solution Consolidated 644.90 41.09 %
Flatbed Solution Consolidated Company freight 177.90 11.34 %
Flatbed Solution Consolidated Owner operator freight 282.30 17.99 %
Flatbed Solution Consolidated Brokerage 87.70 5.59 %
Flatbed Solution Consolidated Logistics 4.80 0.31 %
Flatbed Solution Consolidated Fuel surcharge 92.20 5.87 %
Specialized Consolidated 924.50 58.91 %
Specialized Consolidated Company freight 477.00 30.39 %
Specialized Consolidated Owner operator freight 140.00 8.92 %
Specialized Consolidated Brokerage 154.40 9.84 %
Specialized Consolidated Logistics 55.10 3.51 %
Specialized Consolidated Fuel surcharge 98.00 6.24 %
Total 1,569.40 100 %


Twelve months ended 2023
DSKE s Annual Income by Country and Business Segments Income
(in millions $)
%
(Profit Margin)
Total -22.00 -

Twelve months ended 2023
Annual Revenue and Income Growth by Country and Business Segments % Y/Y Sales Growth % Y/Y Income Growth
Company freight 0.71 % -
Owner operator freight -17.18 % -
Brokerage -24.63 % -
Logistics 11.34 % -
Fuel surcharge -20.12 % -
Flatbed Solution Consolidated -16.14 % -
Flatbed Solution Consolidated Company freight 6.4 % -
Flatbed Solution Consolidated Owner operator freight -14.25 % -
Flatbed Solution Consolidated Brokerage -42.49 % -
Flatbed Solution Consolidated Logistics 17.07 % -
Flatbed Solution Consolidated Fuel surcharge -20.52 % -
Specialized Consolidated -7.95 % -
Specialized Consolidated Company freight -1.26 % -
Specialized Consolidated Owner operator freight -22.52 % -
Specialized Consolidated Brokerage -8.48 % -
Specialized Consolidated Logistics 10.87 % -
Specialized Consolidated Fuel surcharge -19.74 % -



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