Quarterly report pursuant to Section 13 or 15(d)

Significant Accounting Policies (Tables)

v3.20.2
Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2020
Accounting Policies [Abstract]  
Business

Business

We are a leading, less-than-truckload (“LTL”), union-free motor carrier providing regional, inter-regional and national LTL services through a single integrated organization. Our service offerings, which include expedited transportation, are provided through an expansive network of service centers located throughout the continental United States. Through strategic alliances, we also provide LTL services throughout North America. In addition to our core LTL services, we offer a range of value-added services including container drayage, truckload brokerage and supply chain consulting. We have one operating segment and the composition of our revenue is summarized below:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

LTL services

 

$

1,044,640

 

 

$

1,035,093

 

 

$

2,903,140

 

 

$

3,058,864

 

Other services

 

 

13,526

 

 

 

13,364

 

 

 

38,600

 

 

 

41,041

 

Total revenue from operations

 

$

1,058,166

 

 

$

1,048,457

 

 

$

2,941,740

 

 

$

3,099,905

 

 

Disaggregated Revenue We have one operating segment and the composition of our revenue is summarized below:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(In thousands)

 

2020

 

 

2019

 

 

2020

 

 

2019

 

LTL services

 

$

1,044,640

 

 

$

1,035,093

 

 

$

2,903,140

 

 

$

3,058,864

 

Other services

 

 

13,526

 

 

 

13,364

 

 

 

38,600

 

 

 

41,041

 

Total revenue from operations

 

$

1,058,166

 

 

$

1,048,457

 

 

$

2,941,740

 

 

$

3,099,905