Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

The following table summarizes our intangible assets at the dates indicated (in thousands):

	December 31, 2023						December 31, 2022
	Gross		Accumulated				Gross		Accumulated
	Value		Amortization		Net		Value		Amortization		Net
Customer relationships:
EH Transport (1)	$	1,703	$	(1,237)	$	466	$	1,703	$	(1,010)	$	693
CTL (2)	3,173		(1,745)		1,428		3,173		(1,286)		1,887
Phoenix (3)	5,072		(1,223)		3,849		5,072		(360)		4,712
Total customer relationships	9,948		(4,205)		5,743		9,948		(2,656)		7,292
Trade names (3)	2,218		(205)		2,013		2,218		(57)		2,161
Noncompete agreements (3)	317		(88)		229		317		(25)		292
Intangible assets, net	$	12,483	$	(4,498)	$	7,985	$	12,483	$	(2,738)	$	9,745

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(1)Amount relates to the acquisition of transportation assets from EH Transport, Inc. in 2019, and are included in our transportation segment. These assets are being amortized using a modified straight-line approach and have a remaining useful life of approximately 2.5 years.

(2)Amount relates to the acquisition of transportation assets from Comcar Industries, Inc. in 2020, and are included in our transportation segment. These assets are being amortized using a modified straight-line approach and have a remaining useful life of approximately 3.5 years.

(3)Amounts relate to the acquisition of Firebird and Phoenix in 2022, and are included in our logistics and repurposing segment. Customer relationships, trade names and noncompete agreements have remaining useful lives of approximately 8.5 years, 13.5 years and 3.5 years, respectively. See Note 6 for further information.

Schedule of Future Amortization Expense

The following table presents our forecast of amortization expense associated with these intangible assets for the years indicated (in thousands):

	2024		2025		2026		2027		2028
Amortization expense	$	1,658	$	1,555	$	1,306	$	908	$	575