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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Operating revenues $ 2,928,685 $ 3,132,623 $ 5,872,685 $ 6,362,212
Operating expenses:        
Rents and purchased transportation 1,274,011 1,404,586 2,554,998 2,872,384
Salaries, wages and employee benefits 803,047 821,876 1,610,931 1,646,875
Depreciation and amortization 184,658 179,972 367,655 355,784
Fuel and fuel taxes 164,291 171,846 337,817 367,680
Operating supplies and expenses 120,425 128,949 243,416 257,308
General and administrative expenses, net of asset dispositions 74,707 61,472 151,490 121,879
Insurance and claims 73,222 63,893 148,908 134,221
Operating taxes and licenses 17,575 18,951 35,110 37,058
Communication and utilities 11,040 10,366 22,282 20,822
Total operating expenses 2,722,976 2,861,911 5,472,607 5,814,011
Operating income 205,709 270,712 400,078 548,201
Net interest expense 20,198 14,604 35,847 29,393
Earnings before income taxes 185,511 256,108 364,231 518,808
Income taxes 49,638 66,556 100,865 131,488
Net earnings $ 135,873 $ 189,552 $ 263,366 $ 387,320
Weighted average basic shares outstanding (in shares) 102,386 103,562 102,814 103,643
Basic earnings per share (in dollars per share) $ 1.33 $ 1.83 $ 2.56 $ 3.74
Weighted average diluted shares outstanding (in shares) 103,146 104,566 103,626 104,647
Diluted earnings per share (in dollars per share) $ 1.32 $ 1.81 $ 2.54 $ 3.7
Service Excluding Fuel Surcharge [Member]        
Operating revenues $ 2,545,023 $ 2,707,560 $ 5,097,508 $ 5,450,070
Fuel Surcharge [Member]        
Operating revenues $ 383,662 $ 425,063 $ 775,177 $ 912,142