Quarterly report pursuant to Section 13 or 15(d)

Commitment and Contingencies (Tables)

v3.21.2
Commitment and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2021
Commitments and Contingencies Disclosure [Abstract]  
Other Commitments Below is a summary of the Company’s risk retention on vehicle liability insurance coverage maintained by the Company through $10,000:
Company
Risk Retention		 Frequency Layer Policy Term
Expedited Freight¹
LTL business $ 3,000  Occurrence/Accident²
$0 to $3,000
 10/1/2021 to 10/1/2022
Truckload business $ 2,000  Occurrence/Accident²
$0 to $2,000
 10/1/2021 to 10/1/2022
LTL and Truckload businesses $ 6,000  Policy Term Aggregate³
$3,000 to $5,000
 10/1/2021 to 10/1/2022
LTL and Truckload businesses4
$ 2,500  Policy Term Aggregate³
$5,000 to $10,000
 10/1/2021 to 10/1/2022
Intermodal $ 1,000  Occurrence/Accident²
$0 to $1,000
 10/1/2021 to 10/1/2022
¹ Excluding the Final Mile business, which is primarily a brokered service.
² For each and every accident, the Company is responsible for damages and defense up to these amounts, regardless of the number of claims associated with any accident.
³ During the Policy Term, the Company is responsible for damages and defense within the stated Layer up to the stated, aggregate amount of Company Risk Retention before insurance will respond.
4 Intermodal is also included in this Layer, damages for which would contribute to the aggregate risk retention.