The Company operates within a single motor carrier segment, divided into two operating segments: Truckload Services and Brokerage and Logistics Services. Truckload Services are conducted by Company divisions using Company-owned trucks, long-term contractors, or single-trip contractors to transport freight. Brokerage and Logistics Services coordinate or facilitate freight transport, primarily utilizing single-trip contractors. Both segments share similar economic characteristics and are influenced by the same economic factors. For the years ended December 31, 2025, 2024, and 2023, Truckload Services accounted for 68.3%, 67.1%, and 65.3% of total operating revenues before fuel surcharges, respectively, while Brokerage and Logistics Services accounted for 31.7%, 32.9%, and 34.7%. Approximately 56% of revenues derive from domestic shipments, with about 44% from freight involving Mexico or Canada. The Company provides a range of truckload transportation solutions, including dedicated, expedited, automotive, local, regional, and long-haul services, alongside brokerage and logistics solutions utilizing third-party equipment. Its service area encompasses the continental United States, Mexico, and to a lesser extent, Canada, focusing on developing customer relationships within high-density traffic lanes to optimize truck utilization and revenue.
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