Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment

Financial information regarding the Company’s operations by geographic area is as follows:

	UNITED STATES		OTHER NORTH AMERICA		LATIN AMERICA		NORTH ASIA		SOUTH ASIA		EUROPE		MIDDLE EAST, AFRICA AND INDIA		ELIMI- NATIONS			CONSOLI- DATED
For the three months ended June 30, 2023:
Revenues	$	805,948		110,255		49,972		510,027		199,868		440,916		123,972		(1,206	)		2,239,752
Directly related cost of transportation    and other expenses1	$	426,121		69,108		29,428		387,973		134,477		288,808		83,890		(623	)		1,419,182
Salaries and other operating expenses2	$	256,277		34,793		16,265		68,290		44,048		125,196		27,820		(616	)		572,073
Operating income	$	123,550		6,354		4,279		53,764		21,343		26,912		12,262		33			248,497
Identifiable assets at period end	$	2,553,553		192,362		115,458		495,229		213,026		748,449		258,849		(12,886	)		4,564,040
Capital expenditures	$	6,623		161		46		352		168		2,336		795		—			10,481
Equity	$	1,873,220		45,252		59,289		220,638		93,476		146,174		158,133		(38,078	)		2,558,104
For the three months ended June 30, 2022:
Revenues	$	1,265,363		144,988		66,136		1,582,475		611,246		658,307		275,948		(1,151	)		4,603,312
Directly related cost of transportation    and other expenses1	$	797,179		85,806		43,298		1,323,354		507,473		464,399		220,162		(723	)		3,440,948
Salaries and other operating expenses2	$	314,726		31,308		14,496		104,896		38,728		115,394		37,258		(424	)		656,382
Operating income	$	153,458		27,874		8,342		154,225		65,045		78,514		18,528		(4	)		505,982
Identifiable assets at period end	$	3,681,137		304,799		144,303		1,275,808		554,166		1,081,246		365,532		(45,849	)		7,361,142
Capital expenditures	$	26,394		1,038		177		766		436		7,666		1,681		—			38,158
Equity	$	2,435,088		127,428		54,762		307,453		217,437		297,572		134,388		(38,865	)		3,535,263
	UNITED STATES		OTHER NORTH AMERICA		LATIN AMERICA		NORTH ASIA		SOUTH ASIA		EUROPE		MIDDLE EAST, AFRICA AND INDIA		ELIMI- NATIONS			CONSOLI- DATED
For the six months ended June 30, 2023:
Revenues	$	1,751,442		220,105		104,667		1,092,448		423,995		975,380		266,675		(2,371	)		4,832,341
Directly related cost of transportation    and other expenses1	$	966,078		138,313		61,730		840,315		292,100		661,068		179,839		(1,159	)		3,138,284
Salaries and other operating expenses2	$	523,960		70,617		35,767		139,430		90,846		252,568		57,652		(1,249	)		1,169,591
Operating income	$	261,404		11,175		7,170		112,703		41,049		61,744		29,184		37			524,466
Identifiable assets at period end	$	2,553,553		192,362		115,458		495,229		213,026		748,449		258,849		(12,886	)		4,564,040
Capital expenditures	$	12,067		630		276		942		335		5,319		1,038		—			20,607
Equity	$	1,873,220		45,252		59,289		220,638		93,476		146,174		158,133		(38,078	)		2,558,104
For the six months ended June 30, 2022:
Revenues	$	2,506,587		249,598		123,843		3,351,491		1,257,575		1,234,098		546,629		(2,211	)		9,267,610
Directly related cost of transportation    and other expenses1	$	1,560,602		150,038		77,155		2,803,447		1,046,356		882,019		438,262		(820	)		6,957,059
Salaries and other operating expenses2	$	648,375		56,177		27,597		228,009		84,057		224,663		75,300		(1,369	)		1,342,809
Operating income	$	297,610		43,383		19,091		320,035		127,162		127,416		33,067		(22	)		967,742
Identifiable assets at period end	$	3,681,137		304,799		144,303		1,275,808		554,166		1,081,246		365,532		(45,849	)		7,361,142
Capital expenditures	$	35,871		2,116		286		1,297		726		9,724		2,550		—			52,570
Equity	$	2,435,088		127,428		54,762		307,453		217,437		297,572		134,388		(38,865	)		3,535,263

1Directly related cost of transportation and other expenses totals operating expenses from airfreight services, ocean freight and ocean services and customs brokerage and other services as shown in the condensed consolidated statements of earnings.

2Salaries and other operating expenses totals salaries and related, rent and occupancy, depreciation and amortization, selling and promotion and other as shown in the condensed consolidated statements of earnings.