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Business Segment Information (Tables)
3 Months Ended
Mar. 31, 2021
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 March 31, 2021:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

875,392

 

 

 

94,858

 

 

 

44,864

 

 

 

1,325,621

 

 

 

363,682

 

 

 

493,718

 

 

 

160,609

 

 

 

(1,204

)

 

 

3,357,540

 

Directly related cost of transportation

   and other expenses1

 

$

502,637

 

 

 

53,791

 

 

 

26,700

 

 

 

1,084,102

 

 

 

283,860

 

 

 

334,294

 

 

 

121,212

 

 

 

(592

)

 

 

2,406,004

 

Salaries and other operating expenses2

 

$

238,698

 

 

 

25,737

 

 

 

12,377

 

 

 

106,920

 

 

 

43,165

 

 

 

109,455

 

 

 

30,275

 

 

 

(606

)

 

 

566,021

 

Operating income

 

$

134,057

 

 

 

15,330

 

 

 

5,787

 

 

 

134,599

 

 

 

36,657

 

 

 

49,969

 

 

 

9,122

 

 

 

(6

)

 

 

385,515

 

Identifiable assets at period end

 

$

2,747,984

 

 

 

194,050

 

 

 

93,072

 

 

 

988,954

 

 

 

331,271

 

 

 

853,944

 

 

 

265,495

 

 

 

(19,773

)

 

 

5,454,997

 

Capital expenditures

 

$

3,025

 

 

 

122

 

 

 

53

 

 

 

357

 

 

 

579

 

 

 

3,554

 

 

 

701

 

 

 

 

 

 

8,391

 

Equity

 

$

1,985,265

 

 

 

73,066

 

 

 

32,632

 

 

 

342,233

 

 

 

148,293

 

 

 

218,198

 

 

 

121,040

 

 

 

(42,077

)

 

 

2,878,650

 

For the three months ended March 31, 2020:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

650,407

 

 

 

81,831

 

 

 

37,890

 

 

 

537,955

 

 

 

169,042

 

 

 

320,640

 

 

 

105,039

 

 

 

(940

)

 

 

1,901,864

 

Directly related cost of transportation

   and other expenses1

 

$

373,961

 

 

 

45,890

 

 

 

23,765

 

 

 

425,301

 

 

 

121,282

 

 

 

221,998

 

 

 

74,976

 

 

 

(445

)

 

 

1,286,728

 

Salaries and other operating expenses2

 

$

225,944

 

 

 

23,712

 

 

 

11,749

 

 

 

57,433

 

 

 

29,908

 

 

 

81,854

 

 

 

25,950

 

 

 

(469

)

 

 

456,081

 

Operating income

 

$

50,502

 

 

 

12,229

 

 

 

2,376

 

 

 

55,221

 

 

 

17,852

 

 

 

16,788

 

 

 

4,113

 

 

 

(26

)

 

 

159,055

 

Identifiable assets at period end

 

$

1,858,250

 

 

 

135,810

 

 

 

68,402

 

 

 

512,808

 

 

 

179,508

 

 

 

554,831

 

 

 

200,382

 

 

 

(24

)

 

 

3,509,967

 

Capital expenditures

 

$

4,497

 

 

 

61

 

 

 

102

 

 

 

325

 

 

 

188

 

 

 

645

 

 

 

309

 

 

 

 

 

 

6,127

 

Equity

 

$

1,369,580

 

 

 

63,378

 

 

 

28,020

 

 

 

237,255

 

 

 

102,001

 

 

 

159,222

 

 

 

113,349

 

 

 

(35,660

)

 

 

2,037,145

 

 

1

Directly 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.

2

Salaries 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.