| Segment Reporting [Text Block] |
We reported five distinct business segments during the three months ended March 31, 2026 and 2025. These segments included Intermodal (JBI), Dedicated Contract Services® (DCS®), Integrated Capacity Solutions (ICS), Final Mile Services® (FMS), and Truckload (JBT). The operation of each of these businesses is described in Note 13, Segment Information, of our Annual Report (Form 10-K) for the year ended December 31, 2025. A summary of certain segment information is presented below (in millions):
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Assets
(Excludes intercompany accounts)
As of
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March 31, 2026
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December 31, 2025
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JBI
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$ |
3,339 |
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|
$ |
3,324 |
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DCS
|
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|
2,097 |
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|
2,070 |
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ICS
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|
317 |
|
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|
286 |
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FMS
|
|
|
471 |
|
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|
485 |
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JBT
|
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|
372 |
|
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|
364 |
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Total segment assets
|
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6,596 |
|
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|
6,529 |
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Other (includes corporate)
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1,335 |
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1,398 |
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Total
|
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$ |
7,931 |
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|
$ |
7,927 |
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Net Capital Expenditures (1)
For The Three Months Ended
March 31,
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2026
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2025
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JBI
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|
$ |
(6.2 |
) |
|
$ |
53.9 |
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DCS
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61.7 |
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|
77.3 |
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ICS
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0.2 |
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|
0.2 |
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FMS
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1.2 |
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6.1 |
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JBT
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0.3 |
|
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(0.3 |
) |
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Total segment net capital expenditures
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57.2 |
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137.2 |
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Other (includes corporate)
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13.5 |
|
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|
87.9 |
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Total
|
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$ |
70.7 |
|
|
$ |
225.1 |
|
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Revenues and Operating Income/(Loss)
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For The Three Months ended March 31, 2026
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JBI
|
|
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DCS
|
|
|
ICS
|
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FMS
|
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JBT
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Intersegment Eliminations
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Consolidated
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Total operating revenues
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$ |
1,504.8 |
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|
$ |
840.6 |
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|
$ |
322.7 |
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|
$ |
188.0 |
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$ |
205.4 |
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$ |
(5.0 |
) |
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$ |
3,056.5 |
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Operating expenses:
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|
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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Rents, purchased transportation, and fuel
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943.8 |
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119.4 |
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287.6 |
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70.4 |
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163.4 |
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Salaries, wages and employee benefits
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214.1 |
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374.7 |
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17.4 |
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64.6 |
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10.3 |
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Depreciation and amortization
|
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61.6 |
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80.2 |
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1.9 |
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|
11.1 |
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5.6 |
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|
|
|
|
|
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Operating supplies and expenses
|
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63.4 |
|
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|
69.8 |
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2.4 |
|
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9.2 |
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7.4 |
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|
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|
|
|
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Insurance and claims
|
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32.2 |
|
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|
46.7 |
|
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4.0 |
|
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3.3 |
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6.4 |
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|
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General and administrative expenses, net of asset dispositions
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66.7 |
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47.6 |
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14.0 |
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20.2 |
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9.1 |
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|
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Other segment items (2)
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8.5 |
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14.8 |
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0.1 |
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2.0 |
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0.5 |
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Total operating expenses
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1,390.3 |
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753.2 |
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327.4 |
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180.8 |
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202.7 |
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(4.9 |
) |
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2,849.5 |
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Operating Income/(Loss) (3)
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$ |
114.5 |
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$ |
87.4 |
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$ |
(4.7 |
) |
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$ |
7.2 |
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|
$ |
2.7 |
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|
$ |
(0.1 |
) |
|
$ |
207.0 |
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Revenues and Operating Income/(Loss)
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For The Three Months ended March 31, 2025
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JBI
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DCS
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|
ICS
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FMS
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JBT
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Intersegment Eliminations
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Consolidated
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Total operating revenues
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$ |
1,469.3 |
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$ |
822.3 |
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$ |
268.0 |
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$ |
200.7 |
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$ |
166.6 |
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$ |
(5.5 |
) |
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$ |
2,921.4 |
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Operating expenses:
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|
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Rents, purchased transportation, and fuel
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927.0 |
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|
109.2 |
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|
229.0 |
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|
71.9 |
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121.4 |
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|
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|
|
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Salaries, wages and employee benefits
|
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|
219.0 |
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|
371.4 |
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|
16.8 |
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|
70.6 |
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10.4 |
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|
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Depreciation and amortization
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60.6 |
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|
79.8 |
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2.0 |
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11.3 |
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8.7 |
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Operating supplies and expenses
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62.2 |
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|
70.4 |
|
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1.5 |
|
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10.1 |
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6.8 |
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|
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Insurance and claims
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28.7 |
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44.0 |
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4.6 |
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6.3 |
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5.6 |
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|
|
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General and administrative expenses, net of asset dispositions
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69.2 |
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52.6 |
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16.6 |
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23.7 |
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11.3 |
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|
|
|
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Other segment items (2)
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8.2 |
|
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14.6 |
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0.2 |
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2.1 |
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0.4 |
|
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Total operating expenses
|
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1,374.9 |
|
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|
742.0 |
|
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|
270.7 |
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196.0 |
|
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|
164.6 |
|
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(5.5 |
) |
|
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2,742.7 |
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Operating Income/(Loss) (3)
|
|
$ |
94.4 |
|
|
$ |
80.3 |
|
|
$ |
(2.7 |
) |
|
$ |
4.7 |
|
|
$ |
2.0 |
|
|
$ |
- |
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$ |
178.7 |
|
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(1)
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Net capital expenditures report the additions to property and equipment, net of proceeds from the sale of property and equipment.
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(2)
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Other segment items include communication, utilities, and operating taxes and licenses expense items.
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(3)
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Refer to the Condensed Consolidated Statements of Earnings for the reconciliation of consolidated operating income to earnings before income taxes.
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