Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
Changes in the carrying amount of goodwill during the six months ended June 30, 2024 are summarized as follows:
Expedited Freight Intermodal Omni Logistics Consolidated
Balance as of December 31, 2023 $ 141,720  $ 136,986  $ —  $ 278,706 
Acquisition —  —  1,359,388  1,359,388 
Impairment —  —  (1,092,714) (1,092,714)
Balance as of June 30, 2024 $ 141,720  $ 136,986  $ 266,674  $ 545,380 
Schedule of Other Intangible Assets
Changes in the carrying amount of acquired intangible assets during the six months ended June 30, 2024 are summarized as follows:

Gross Carrying Amount
Customer Relationships1
Non-Compete Agreements Trade Names Total
Balance as of December 31, 2023 $ 253,914  $ 6,407  $ 1,500  $ 261,821 
Acquisition 1,062,729  42,509  42,510  1,147,748 
Balance as of June 30, 2024 $ 1,316,643  $ 48,916  $ 44,010  $ 1,409,569 

Accumulated Amortization
Customer Relationships1
Non-Compete Agreements Trade Names Total
Balance as of December 31, 2023 $ 118,993  $ 6,539  $ 1,500  $ 127,032 
Amortization expense 44,690  3,606  3,542  51,838 
Balance as of June 30, 2024 $ 163,683  $ 10,145  $ 5,042  $ 178,870 
1 Carrying value as of June 30, 2024 and December 31, 2023 is inclusive of $16,501 of accumulated impairment.