REPORTABLE SEGMENTS (Tables)

6 Months Ended

Jun. 30, 2019

REPORTABLE SEGMENTS

Schedule of reportable segment information

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(In millions)	2019		2018		2019		2018
Operating Revenue:
Ocean Transportation	$	415.4	$	406.6	$	813.3	$	785.9
Logistics		142.5		150.5		277.0		282.6
Total Operating Revenue	$	557.9	$	557.1	$	1,090.3	$	1,068.5
Operating Income:
Ocean Transportation (1)	$	19.7	$	36.5	$	29.1	$	61.0
Logistics		11.3		9.5		19.4		13.7
Total Operating Income		31.0		46.0		48.5		74.7
Interest expense, net		(6.1)		(5.0)		(10.7)		(10.0)
Other income (expense), net		0.8		0.4		1.4		1.2
Income before Income Taxes		25.7		41.4		39.2		65.9
Income taxes		(7.3)		(8.8)		(8.3)		(19.1)
Net Income	$	18.4	$	32.6	$	30.9	$	46.8

(1) Ocean Transportation segment information includes $0.9 million and $9.1 million of equity in income from the Company’s investment in SSAT for the three months ended June 30, 2019 and 2018, and $9.4 million and $19.6 million for the six months ended June 30, 2019 and 2018, respectively.