Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets

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Goodwill and Other Intangible Assets
 6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
Goodwill

Changes in the carrying amount of goodwill during the six months ended June 30, 2021 are summarized as follows:
Expedited Freight Intermodal Consolidated
Balance as of December 31, 2020 $ 165,268  $ 79,714  $ 244,982 
Acquisitions 3,762  6,249  10,011 
Balance as of June 30, 2021 $ 169,030  $ 85,963  $ 254,993 

Goodwill is tested for impairment on an annual basis and more often if indications of impairment exist. The Company conducts its annual impairment analyses as of June 30 each year. Based on the current macroeconomic conditions, the Company assessed its goodwill and other intangible assets for indications of impairment as of June 30, 2021. The Company concluded there were no indicators of impairment during the six months ended June 30, 2021.

Other Intangible Assets

Changes in the carrying amount of acquired intangible assets during the six months ended June 30, 2021 are summarized as follows:

Gross Carrying Amount
Customer Relationships1
Non-Compete Agreements Trade Names Total
Balance as of December 31, 2020 $ 228,416  $ 8,125  $ 1,500  $ 238,041 
Acquisitions 7,640  150  —  7,790 
Balance as of June 30, 2021 $ 236,056  $ 8,275  $ 1,500  $ 245,831 

Accumulated Amortization
Customer Relationships1
Non-Compete Agreements Trade Names Total
Balance as of December 31, 2020 $ 85,930  $ 5,579  $ 1,500  $ 93,009 
Amortization expense 6,344  665  —  7,009 
Balance as of June 30, 2021 $ 92,274  $ 6,244  $ 1,500  $ 100,018 
1 Carrying value as of June 30, 2021 and December 31, 2020 is inclusive of $16,501 of accumulated impairment.