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Business Segments
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Business Segments
Business Segments

We report financial and descriptive information about our reporting segments on a basis consistent with that used internally for evaluating segment performance and allocating resources to segments. We evaluate segment performance primarily on external revenue and operating income (loss).

We have the following reportable segments, which are strategic business units that offer complementary transportation services to our customers:

YRC Freight is the reporting segment for our transportation service providers focused on business opportunities in national, regional and international services. YRC Freight provides for the movement of industrial, commercial and retail goods, primarily through centralized management. This unit includes our LTL subsidiaries YRC Freight and YRC Reimer, a subsidiary located in Canada that specializes in shipments into, across and out of Canada. In addition to the United States and Canada, YRC Freight also serves parts of Mexico, Puerto Rico and Guam.
Regional Transportation is the reporting segment for our transportation service providers focused on business opportunities in the regional and next-day delivery markets. The Regional Transportation companies each provide regional, next-day ground services in their respective regions through a network of facilities located across the United States, Canada, Mexico and Puerto Rico.

We charge management fees and other corporate service fees to our reportable segments based on the direct benefits received or an overhead allocation basis. Corporate and other operating losses represent residual operating expenses of the holding company. Corporate identifiable assets primarily consist of cash, cash equivalents, an investment in an equity method affiliate and deferred debt issuance costs. Intersegment revenue primarily relates to transportation services between our segments.

The following table summarizes our operations by business segment:
 
(in millions)
YRC Freight
 
Regional
Transportation
 
Corporate/
Eliminations
 
Consolidated
As of June 30, 2015
 
 
 
 
 
 
 
Identifiable assets
$
1,466.6

 
$
765.5

 
$
(263.5
)
 
$
1,968.6

As of December 31, 2014
 
 
 
 
 
 
 
Identifiable assets
$
1,462.1

 
$
685.7

 
$
(162.8
)
 
$
1,985.0

Three Months Ended June 30, 2015
 
 
 
 
 
 
 
External revenue
$
795.2

 
$
463.2

 
$

 
$
1,258.4

Operating income (loss)
$
22.5

 
$
37.7

 
$
(3.3
)
 
$
56.9

Six Months Ended June 30, 2015
 
 
 
 
 
 
 
External revenue
$
1,532.8

 
$
912.0

 
$

 
$
2,444.8

Operating income (loss)
$
22.7

 
$
42.3

 
$
(4.4
)
 
$
60.6

Three Months Ended June 30, 2014
 
 
 
 
 
 
 
External revenue
$
842.1

 
$
475.5

 
$

 
$
1,317.6

Operating income (loss)
$
(0.3
)
 
$
23.2

 
$
(2.9
)
 
$
20.0

Six Months Ended June 30, 2014
 
 
 
 
 
 
 
External revenue
$
1,598.9

 
$
929.6

 
$

 
$
2,528.5

Operating income (loss)
$
(32.8
)
 
$
31.1

 
$
(10.7
)
 
$
(12.4
)