Covenant Logistics (CVLG) 10-K 28 Feb 25 2024 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2024	Feb. 26, 2025	Jun. 30, 2024
Document Information [Line Items]
Entity Central Index Key	0000928658
Entity Registrant Name	COVENANT LOGISTICS GROUP, INC.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2024
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Document Transition Report	false
Entity File Number	001-42192
Entity Incorporation, State or Country Code	NV
Entity Tax Identification Number	88-0320154
Entity Address, Address Line One	400 Birmingham Hwy.
Entity Address, City or Town	Chattanooga
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37419
City Area Code	423
Local Phone Number	821-1212
Title of 12(b) Security	$0.01 Par Value Class A common stock
Trading Symbol	CVLG
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 439,900,000
Auditor Firm ID	248
Auditor Name	Grant Thornton LLP
Auditor Location	Charlotte, North Carolina
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		4,700,000
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		21,850,403

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 35,619	$ 2,294
Accounts receivable, net of allowance of $2,360 in 2024 and $2,449 in 2023	141,635	142,504
Drivers' advances and other receivables, net of allowance of $593 in 2024 and $591 in 2023	3,999	4,367
Inventory and supplies	5,648	4,848
Prepaid expenses	19,975	17,880
Assets held for sale	132	6,782
Income taxes receivable	6,499	6,739
Other short-term assets	343	531
Total current assets	213,850	185,945
Property and equipment, at cost	729,404	692,532
Less: accumulated depreciation and amortization	(204,595)	(177,877)
Net property and equipment	524,809	514,655
Goodwill	78,941	75,747
Other intangibles, net	90,126	99,615
Other assets	89,633	78,067
Noncurrent assets from discontinued operations	209	409
Total assets	997,568	954,438
Current liabilities:
Accounts payable	31,939	33,155
Accrued expenses	51,328	59,067
Current maturities of long-term debt	64,210	47,651
Current portion of finance lease obligations	751	781
Current portion of operating lease obligations	10,349	11,950
Current portion of insurance and claims accrual	22,700	17,687
Total current liabilities	181,277	170,291
Long-term debt	187,085	196,894
Long-term portion of finance lease obligations	3,192	5,296
Long-term portion of operating lease obligations	31,302	30,892
Insurance and claims accrual	19,134	15,746
Deferred income taxes	117,650	116,095
Other long-term liabilities	18,753	14,169
Other long-term liabilities of discontinued operations	835	1,635
Total liabilities	559,228	551,018
Commitments and contingencies
Stockholders' equity:
Additional paid-in-capital	158,907	155,846
Treasury stock at cost; no and 5,404,269 shares as of December 31, 2024 and December 31, 2023, respectively	0	(132,346)
Accumulated other comprehensive income	1,035	816
Retained earnings	278,133	378,919
Total stockholders' equity	438,340	403,420
Total liabilities and stockholders' equity	997,568	954,438
Common Class A [Member]
Stockholders' equity:
Common stock	218	161
Common Class B [Member]
Stockholders' equity:
Common stock	$ 47	$ 24

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Accounts receivable allowance	$ 2,360	$ 2,449
Driver's advances and other receivables, allowance	$ 593	$ 591
Treasury stock, shares (in shares)	0	5,404,269
Common Class A [Member]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	40,000,000	40,000,000
Common stock, shares issued (in shares)	21,774,350	16,125,786
Common stock, shares outstanding (in shares)	21,774,350	10,721,517
Common Class B [Member]
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	5,000,000	5,000,000
Common stock, shares issued (in shares)	4,700,000	2,350,000
Common stock, shares outstanding (in shares)	4,700,000	2,350,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues
Revenue		$ 1,131,476	$ 1,103,573	$ 1,216,858
Operating expenses:
Salaries, wages, and related expenses		423,319	400,491	402,276
Fuel expense		115,981	133,291	166,410
Operations and maintenance		61,696	63,753	79,051
Revenue equipment rentals and purchased transportation		254,302	271,893	325,624
Operating taxes and licenses		11,954	13,409	11,931
Insurance and claims		59,845	50,099	50,547
Communications and utilities		5,407	5,012	5,385
Other Cost and Expense, Operating		66,053	49,444	37,762
Depreciation and amortization		86,529	69,943	57,512
Loss (gain) on disposition of property and equipment, net		1,630	(12,585)	(40,322)
Total operating expenses		1,086,716	1,044,750	1,096,176
Operating income		44,760	58,823	120,682
Interest expense, net		13,576	7,967	3,083
Income from equity method investment		(14,713)	(21,384)	(25,193)
Income from continuing operations		45,897	72,240	142,792
Income tax expense		10,576	17,611	34,860
Income from continuing operations		35,321	54,629	107,932
Income from discontinued operations, net of tax		600	600	750
Net income		$ 35,921	$ 55,229	$ 108,682
Basic income per share:
Income from continuing operations (in dollars per share)		$ 1.35	$ 2.09	$ 3.6
Income from discontinued operations (in dollars per share)		0.02	0.02	0.02
Net income per basic share(1) (in dollars per share)	[1]	1.37	2.12	3.62
Diluted income per share:
Income from continuing operations (in dollars per share)		1.28	1.97	3.48
Income from discontinued operations (in dollars per share)		0.02	0.02	0.02
Net income per diluted share (in dollars per share)		$ 1.3	$ 2	$ 3.5
Basic weighted average shares outstanding (in shares)		26,307	26,096	30,012
Diluted weighted average shares outstanding (in shares)		27,714	27,668	31,048
Cargo and Freight [Member]
Revenues
Revenue		$ 1,013,941	$ 970,509	$ 1,046,396
Fuel Surcharge [Member]
Revenues
Revenue		$ 117,535	$ 133,064	$ 170,462
[1]Total may not sum due to rounding.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Net income	$ 35,921	$ 55,229	$ 108,682
Other comprehensive income (loss):
Unrealized gain on effective portion of cash flow hedges, net of tax of ($205), ($36), and ($776) in 2024, 2023, and 2022, respectively	588	103	2,254
Reclassification of cash flow hedge losses into statement of operations, net of tax of $129, $130, and ($47) in 2024, 2023, and 2022, respectively	(369)	(373)	138
Total other comprehensive income (loss)	219	(270)	2,392
Comprehensive income	$ 36,140	$ 54,959	$ 111,074

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parentheticals) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Unrealized (loss) gain on effective portion of cash flow hedges, tax	$ (205)	$ (36)	$ (776)
Reclassification of cash flow hedge losses (gains) into statement of operations, tax	$ 129	$ 130	$ (47)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member] Common Class A [Member]	Common Stock [Member] Common Class B [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	AOCI Attributable to Parent [Member]	Retained Earnings [Member]	Total
Balances at Dec. 31, 2021	$ 161	$ 24	$ 149,406	$ (23,662)	$ 1,306	$ 225,076	$ 349,699
Net income	0	0	0	0	0	108,682	108,682
Cash dividend	0	0	0	0	0	(4,287)	(4,287)
Share repurchase	0	0	0	(84,723)	0	0	(84,723)
Other comprehensive income	0	0	0	0	2,392	0	2,392
Stock-based employee compensation expense	0	0	6,587	0	0		6,587
Exercise of stock options	0	0	50	334	0	0	384
Issuance of restricted shares, net	0	0	(3,157)	1,551	0	0	(1,606)
Share repurchase	0	0	0	(84,723)	0	0	(84,723)
Balances at Dec. 31, 2022	161	24	152,886	(106,500)	1,086	329,471	377,128
Net income	0	0	0	0	0	55,229	55,229
Cash dividend	0	0	0	0	0	(5,781)	(5,781)
Share repurchase	0	0	0	(25,430)	0	0	(25,430)
Other comprehensive income	0	0	0	0	(270)	0	(270)
Stock-based employee compensation expense	0	0	7,100	0	0		7,100
Exercise of stock options	0	0	42	194	0	0	236
Issuance of restricted shares, net	0	0	(4,182)	(610)	0	0	(4,792)
Share repurchase	0	0	0	(25,430)	0	0	(25,430)
Balances at Dec. 31, 2023	161	24	155,846	(132,346)	816	378,919	403,420
Net income	0	0	0	0	0	35,921	35,921
Cash dividend	0	0	0	0	0	(5,796)	(5,796)
Other comprehensive income	0	0	0	0	219	0	219
Stock-based employee compensation expense	0	0	3,691	0	0	0	3,691
Exercise of stock options	0	0	586	1,170	0	0	1,756
Issuance of restricted shares, net	0	0	(1,136)	265	0	0	(871)
Stock split through dividend	57	23	(80)	130,911	0	(130,911)	0
Balances at Dec. 31, 2024	$ 218	$ 47	$ 158,907	$ 0	$ 1,035	$ 278,133	$ 438,340

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities:
Net income (loss)	$ 35,921	$ 55,229	$ 108,682
Adjustments to reconcile net income to net cash provided by operating activities:
(Reversal of) provision for losses on accounts receivable	(23)	(258)	367
Reversal of gain on sales to equity method investee, net	(40)	(16)	(39)
Depreciation and amortization	86,529	69,943	57,512
Deferred income tax benefit	4,483	18,701	13,968
Income tax expense arising from restricted share vesting and stock options exercised	(1,190)	(2,226)	(526)
Stock-based compensation expense	3,691	7,100	6,587
Income from equity method investment	(14,713)	(21,384)	(25,193)
Return on investment in affiliated company	3,675	9,800	14,700
Gain (loss) on disposition of property and equipment	1,630	(12,585)	(40,322)
Changes in operating assets and liabilities:
Receivables and advances	2,749	(22,416)	39,465
Prepaid expenses and other assets	(3,006)	(3,997)	(3,832)
Inventory and supplies	(800)	(317)	(193)
Insurance and claims accrual	8,401	(3,542)	(5,729)
Accounts payable and accrued expenses	(4,414)	(9,191)	(6,217)
Net cash flows provided by operating activities	122,893	84,841	159,230
Cash flows from investing activities:
Acquisitions, net of cash acquired	(4,556)	(107,934)	(38,501)
Other investments	(597)	(2,204)	(241)
Acquisition of property and equipment	(152,962)	(217,607)	(100,468)
Proceeds from disposition of property and equipment	50,440	91,824	53,002
Net cash flows used by investing activities	(107,675)	(235,921)	(86,208)
Cash flows from financing activities:
Change in checks outstanding in excess of bank balances	0	0	(216)
Cash dividend	(5,796)	(5,781)	(4,287)
Proceeds from issuance of notes payable	119,391	154,093	95,151
Proceeds from exercise of stock options	1,756	236	384
Repayments of notes payable	(74,822)	(30,390)	(11,956)
Repayments of finance lease obligations	(2,949)	(5,619)	(5,516)
Proceeds under revolving credit facility	57,421	139,837	60,226
Repayments under revolving credit facility	(69,000)	(128,258)	(60,226)
Payment of minimum tax withholdings on stock compensation	(871)	(4,792)	(1,606)
Payment of contingent liability	(7,023)	(9,187)	0
Common stock repurchased	0	(25,430)	(84,723)
Net cash flows provided by (used in) financing activities	18,107	84,709	(12,769)
Net change in cash and cash equivalents	33,325	(66,371)	60,253
Cash and cash equivalents at beginning of year	2,294	68,665	8,412
Cash and cash equivalents at end of year	35,619	2,294	68,665
Supplemental disclosure of cash flow information:
Interest, net of capitalized interest	5,674	5,319	3,306
Income taxes	7,268	4,186	16,653
Non-cash transactions during the year for:
Equipment acquired under finance leases	815	5,938	458
Equipment acquired under operating leases	13,753	3,992	48,515
Contingent consideration associated with acquisitions	0	11,802	16,210
Non-cash debt reduction	26,240	0	0
Other contingent liabilities	$ (800)	$ (800)	$ (1,000)

Insider Trading Arrangements

Insider Trading Arrangements	12 Months Ended
	Dec. 31, 2024
Insider Trading Arr Line Items
Rule 10b5-1 Arrangement Terminated [Flag]	false
Non-Rule 10b5-1 Arrangement Terminated [Flag]	false
Rule 10b5-1 Arrangement Adopted [Flag]	false
Non-Rule 10b5-1 Arrangement Adopted [Flag]	false

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Cybersecurity Risk Management and Strategy We recognize the importance of assessing, identifying, and managing material risks associated with cybersecurity threats, as such term is defined in Item 106 Identifying and assessing cybersecurity risk is integrated third third Security events and data incidents are evaluated, ranked by severity and prioritized for response and remediation. Incidents are evaluated to determine materiality as well as operational and business impact, and reviewed for privacy impact. We also conduct tabletop exercises to simulate responses to cybersecurity incidents. Our team of cybersecurity professionals then collaborate with technical and business stakeholders across our business units to further analyze the risk to the company, and form detection, mitigation, and remediation strategies. As part of the above processes, we regularly engage external auditors and consultants to assess our internal cybersecurity programs and compliance with applicable practices and standards. Our risk management program also assesses third third third third third fourth third third
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	We have implemented incident response and breach management processes which have four overarching and interconnected stages: 1) preparation for a cybersecurity incident, 2) detection and analysis of a security incident, 3) containment, eradication and recovery, and 4) post-incident analysis. Such incident responses are overseen by leaders from our Information Technology, Compliance, and Legal teams regarding matters of cybersecurity.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Text Block]	As of the date of this report, we have not identified any cybersecurity threats that have materially affected or are reasonably anticipated to have a material effect on us. Although we have not experienced cybersecurity incidents that are individually, or in the aggregate, material, we have experienced cyberattacks in the past, which we believe have thus far been mitigated by cybersecurity strategies we have put in place. Despite the capabilities, processes, and other security measures we employ that we believe are designed to detect, mitigate, and remediate the risk of cybersecurity incidents, we may not be aware of all vulnerabilities or might not accurately assess the risks of incidents, and such preventative measures cannot provide absolute security and may not be sufficient in all circumstances or mitigate all potential risks. For more information about the cybersecurity risks we face, see the risk factor entitled “We depend on the proper functioning and availability of our management information and communication systems and other information technology assets (including the data contained therein) and a system failure or unavailability, including those caused by cybersecurity breaches internally or with third-parties, or an inability to effectively upgrade such systems and assets could cause a significant disruption to our business and have a materially adverse effect on our results of operations” included as part of our risk factor disclosures at Item 1A of this Annual Report on Form 10-K.
Cybersecurity Risk Board of Directors Oversight [Text Block]	Cybersecurity Governance Cybersecurity is an important part of our risk management processes and an area of focus for our Board and management. Our Audit Committee is responsible for the oversight of risks from cybersecurity threats. Members of the Audit Committee receive updates on a quarterly basis from senior management, including leaders from our Information Technology, Compliance, and Legal teams regarding matters of cybersecurity. This includes existing and new cybersecurity risks, status on how management is addressing and/or mitigating those risks, cybersecurity and data privacy incidents (if any), and status on key information security initiatives. Our Board members also engage in ad hoc conversations with management on cybersecurity-related news events and discuss any updates to our cybersecurity risk management and strategy programs.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	Cybersecurity is an important part of our risk management processes and an area of focus for our Board and management. Our Audit Committee is responsible for the oversight of risks from cybersecurity threats. Members of the Audit Committee receive updates on a quarterly basis from senior management, including leaders from our Information Technology, Compliance, and Legal teams regarding matters of cybersecurity. This includes existing and new cybersecurity risks, status on how management is addressing and/or mitigating those risks, cybersecurity and data privacy incidents (if any), and status on key information security initiatives. Our Board members also engage in ad hoc conversations with management on cybersecurity-related news events and discuss any updates to our cybersecurity risk management and strategy programs.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our cybersecurity risk management and strategy processes are overseen by leaders from our Information Technology, Compliance, and Legal teams. Such individuals have an average of over 15 years of prior work experience in various roles involving information technology, including security, auditing, compliance, systems, and programming. These individuals are informed about, and monitor the prevention, mitigation, detection, and remediation of cybersecurity incidents through their management of, and participation in, the cybersecurity risk management and strategy processes described above, including the operation of our incident response plan, and report to the Audit Committee on any appropriate items.
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Business Covenant Logistics Group, Inc., a Nevada holding company, together with its wholly owned subsidiaries offers transportation and logistics services to customers throughout the continental United States. Principles of Consolidation The consolidated financial statements include the accounts of Covenant Logistics Group, Inc., a holding company incorporated in the state of Nevada in 1994, References in this report to "it," "we," "us," "our," the "Company," and similar expressions refer to Covenant Logistics Group, Inc. and its subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Our four ● Expedited: The Expedited reportable segment primarily provides truckload services to customers with high service freight and delivery standards, such as 1,000 22 15 two ● Dedicated: The Dedicated reportable segment provides customers with committed truckload capacity over contracted periods with the goal of three five ● Managed Freight: The Managed Freight reportable segment includes our brokerage and transport management services ("TMS"). Brokerage services provide logistics capacity by outsourcing the carriage of customers' freight to third ● Warehousing: The Warehousing reportable segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. We also provide shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses. The following table summarizes our revenue by our four December 31, 2024 2023 2022 Year ended December 31, (in thousands) 2024 2023 2022 Revenues: Expedited $ 416,461 $ 423,820 $ 452,713 Dedicated 364,414 320,287 362,997 Managed Freight 248,939 258,903 320,985 Warehousing 101,662 100,563 80,163 Total revenues $ 1,131,476 $ 1,103,573 $ 1,216,858 Investment in Transport Enterprise Leasing, LLC Transport Enterprise Leasing, LLC ("TEL") is a tractor and trailer equipment leasing company and used equipment reseller. We evaluated our investment in TEL to determine whether it should be recorded on a consolidated basis. Our percentage of ownership interest (49%), an evaluation of control, and whether a variable interest entity ("VIE") existed were all considered in our consolidation assessment. Based on the analysis, the Company is not not 49% On a periodic basis, we assess whether there are any indicators that the fair value of our investment in TEL may no December 31, 2024 2023 2022 Risks and Uncertainties Our insurance program includes multi-year policies with specific insurance limits that may April 1, 2018 March 31, 2021, $9.0 $1.0 $9.0 $1.0 April 1, 2018 March 31, 2021, may Revenue Recognition Revenue, drivers' wages, and other direct operating expenses generated by our Expedited and Dedicated reportable segments are recognized proportionally as the transportation service is performed based on the percentage of miles completed as of the period end. Revenue is recognized on a gross basis at amounts charged to our customers because we control and are primarily responsible for the fulfillment of the promised service. Revenue includes transportation revenue, fuel surcharges, loading and unloading activities, equipment detention, and other accessorial services. Revenue generated by our Managed Freight reportable segment is recognized proportionally as the services are provided based on the percentage of completion method using the estimated time elapsed as of the period end. Revenue is recorded on a gross basis, without deducting third There are no December 31, 2024 2023 2022 December 31, 2024 2023 2022, Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make decisions based upon estimates, assumptions, and factors we consider as relevant to the circumstances. Such decisions include the selection of applicable accounting principles and the use of judgment in their application, the results of which impact reported amounts and disclosures. Changes in future economic conditions or other business circumstances may Cash and Cash Equivalents We consider all highly liquid investments with a maturity of three December 31, 2024 Accounts Receivable and Concentration of Credit Risk We extend credit to our customers in the normal course of business, which are generally due within 30 45 120 not Accounts receivable are comprised of a diversified customer base that mitigates the level of concentration of credit risk. During 2024 2023 2022 ten 2024 2023 none 2022 10% 49 49 2024 2023 The following table provides a summary (in thousands) of the activity in the allowance for credit losses for 2024 2023 2022 Years ended December 31: Beginning balance January 1, (Reversal of) additional provisions to allowance Write-offs and other adjustments Ending balance December 31, 2024 $ 2,449 $ (23 ) $ (66 ) $ 2,360 2023 $ 2,934 $ (258 ) $ (227 ) $ 2,449 2022 $ 4,112 $ 367 $ (1,545 ) $ 2,934 Inventories and Supplies Inventories and supplies consist of parts, tires, fuel, and supplies. Tires on new revenue equipment are capitalized as a component of the related equipment cost when the tractor or trailer is placed in service and recognized through depreciation over the life of the vehicle. Replacement tires and parts on hand at year end are recorded at the lower of cost or net realizable value with cost determined using the first first Assets Held for Sale Assets held for sale include property and revenue equipment no no twelve Property and Equipment Property and equipment is stated at cost less accumulated depreciation. Depreciation for book purposes is determined using the straight-line method over the estimated useful lives of the assets. Depreciation of revenue equipment is our largest item of depreciation. We generally depreciate new tractors over five seven ten June 30, 2024 December 31, 2024. not December 31, 2023, We lease certain revenue equipment under finance and operating leases with terms of approximately 48 to 84 months. Amortization of assets under finance and operating leases are included in depreciation and amortization expense and revenue and equipment rentals and purchased transportation, respectively. A portion of our tractors are protected by binding trade-back agreements with the manufacturers. The remainder of our tractors and substantially all of our owned trailers are subject to fluctuations in market prices for used revenue equipment. Moreover, our trade-back agreements are contingent upon reaching acceptable terms for the purchase of new equipment. Declines in the price of used revenue equipment or failure to reach agreement for the purchase of new tractors with the manufacturers issuing trade-back agreements could result in impairment of, or losses on the sale of, revenue equipment. Goodwill and Other Intangible Assets We classify intangible assets into two may may not may We determine the useful lives of our identifiable intangible assets after considering the specific facts and circumstances related to each intangible asset. Factors we consider when determining useful lives include the contractual term of any agreement, the history of the asset, our long-term strategy for the use of the asset, any laws or other local regulations which could impact the useful life of the asset, and other economic factors, including competition and specific market conditions. Intangible assets that are deemed to have finite lives are amortized, generally on a straight-line basis, over their remaining useful lives, ranging from 3 to 17 years. Impairment of Long-Lived Assets Pursuant to applicable accounting standards, revenue equipment and other long-lived assets are tested for impairment whenever an event occurs that indicates impairment may no December 31, 2024 2023 2022 Accrued Expenses Accrued expenses as of December 31, 2024, December 31, 2023, Insurance and Other Claims The primary claims arising against us consist of auto liability (personal injury and property damage), workers' compensation, cargo, commercial liability, and employee medical expenses. At December 31, 2024 ● auto liability - $7.0 million in excess of $3.0 million policy that runs from April 1, 2024 April 1, 2027 ● workers' compensation - $1.5 million ● cargo - $0.3 million ● employee medical - $0.4 million ● physical damage - 100% Due to our significant self-insured retention amounts, we have exposure to fluctuations in the number and severity of claims and to variations between our estimated and actual ultimate payouts. We record a liability for the estimated cost of the uninsured portion of pending claims and the estimated allocated loss adjustment expenses including legal and other direct costs associated with a claim. Estimates require judgments concerning the nature and severity of the claim, historical trends, advice from third In addition to estimates within our self-insured retention layers, we also must make judgments concerning claims where we have third third December 31, 2024 2023 December 31, 2024 2023 may We also make judgments regarding the ultimate benefit versus risk of commuting certain periods within our auto liability policy. If we commute a policy, we assume 100% risk for covered claims in exchange for a policy refund. Our prior auto liability policies have sometimes included a release premium refund or commutation option that we have sometimes exercised, although we do not not no December 31, 2024 2023 Interest We capitalize interest on major projects during construction. Interest is capitalized based on the average interest rate on related debt. Capitalized interest was less than $0.1 million, $0.3 million, and $0.3 million in 2024 2023 2022 Fair Value of Financial Instruments Our financial instruments consist primarily of cash and cash equivalents, accounts receivable, available-for-sale securities, accounts payable, debt, and interest rate swaps. The carrying amount of cash and cash equivalents, accounts receivable, accounts payable, and current debt approximates their fair value because of the short-term maturity of these instruments. Interest rates that are currently available to us for issuance of long-term debt with similar terms and remaining maturities are used to estimate the fair value of our long-term debt, which primarily consists of revenue equipment installment notes. The fair value of our revenue equipment installment notes approximated the carrying value at December 31, 2024 Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. We have reflected the net liability after offsetting our deferred tax assets and liabilities in the deferred income taxes line in the accompanying consolidated balance sheets. We believe the future tax deductions will be realized principally through future reversals of existing taxable temporary differences and future taxable income, except for when a valuation allowance has been provided as discussed in Note 12. In the ordinary course of business there is inherent uncertainty in quantifying our income tax positions. We assess our income tax positions and record tax benefits for all years subject to examination based upon management's evaluation of the facts, circumstances, and information available at the reporting dates. For those tax positions where it is more likely than not 50% not not no Our policy is to recognize income tax benefit arising from the exercise of stock options and restricted share vesting based on the ordering provisions of the tax law as prescribed by the Internal Revenue Code, including indirect tax effects, if any. Lease Accounting At the commencement date of a new lease agreement with contractual terms longer than twelve Right-of-use assets and lease liabilities are initially recorded based on the present value of lease payments over the term of the lease. When the rate implicit in the lease is readily determinable, this rate is used for calculating the present value of remaining lease payments; otherwise, our incremental borrowing rate is used. The incremental borrowing rate represents an estimate of the interest rate we would incur at the lease commencement to borrow an amount equal to the lease payments on a collateralized basis over the term of the lease. Right-of-use assets also include prepaid lease expenses and initial direct costs of executing the leases, which are reduced by landlord incentives. Options to extend or terminate a lease agreement are included in or excluded from the lease term, respectively, when those options are reasonably certain to be exercised. Right-of-use assets are tested for impairment in the same manner as long-lived assets. Finance lease obligations are utilized to finance a portion of our revenue equipment and are entered into with certain finance companies who are not may not Right-of-use assets are included in net property and equipment. For finance leases, right-of-use assets are amortized on a straight-line basis over the shorter of the expected useful life or the lease term, and the carrying amount of the lease liability is adjusted to reflect interest expense, which is recorded in interest expense, net. Operating lease right-of-use assets are amortized over the lease term on a straight-line basis, and the lease liability is measured at the present value of the remaining lease payments. Variable lease payments not Capital Structure The shares of Class A and B common stock are substantially identical except that the Class B shares are entitled to two one Income Per Share Basic income per share excludes dilution and is computed by dividing earnings available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted income per share reflects the dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in our earnings. The following table sets forth the calculation of net income per share included in the consolidated statements of operations for each of the three December 31: (in thousands except per share data) 2024 2023 2022 Numerators: Income from continuing operations $ 35,321 $ 54,629 $ 107,932 Income from discontinued operations, net of tax 600 600 750 Net income $ 35,921 $ 55,229 $ 108,682 Denominator: Denominator for basic income per share – weighted-average shares 26,307 26,096 30,012 Effect of dilutive securities: Equivalent shares issuable upon conversion of unvested restricted shares 161 489 715 Equivalent shares issuable upon conversion of unvested employee stock options 1,246 1,083 321 Denominator for diluted income per share adjusted weighted-average shares and assumed conversions 27,714 27,668 31,048 Basic income per share: Income from continuing operations $ 1.35 $ 2.09 $ 3.60 Income from discontinued operations $ 0.02 $ 0.02 $ 0.02 Net income per basic share (1) $ 1.37 $ 2.12 $ 3.62 Diluted income per share: Income from continuing operations $ 1.28 $ 1.97 $ 3.48 Income from discontinued operations $ 0.02 $ 0.02 $ 0.02 Net income per diluted share $ 1.30 $ 2.00 $ 3.50 ( 1 Total may not There were no not December 31, 2024 2023 2022 no no December 31, 2024 2023 2022 Stock-Based Employee Compensation We issue several types of stock-based compensation, including awards that vest based on service, market, and performance conditions or a combination of the conditions. Performance-based and market-based awards vest contingent upon meeting certain performance or market criteria, respectively, established by the Compensation Committee of the Board. All awards require future service. For performance-based awards, determining the appropriate amount to expense in each period is based on likelihood and timing of achieving the stated targets for performance-based awards and requires judgment, including forecasting future financial results. The estimates are revised periodically based on the probability and timing of achieving the required performance and adjustments are made as appropriate. Awards that are only subject to time vesting provisions are amortized using the straight-line method. Reclassifications Certain reclassifications were made to the prior year’s consolidated financial statements to conform to the current year presentation. Recent Accounting Pronouncements Accounting Standards not In November 2024, 2024 03, 220 40 December 15, 2026, December 15, 2027. may In December 2023, 2023 09, 1 2 2023 09 December 15, 2024. Accounting Standards adopted In November 2023, No. 2023 07, 280 January 1, 2024, January 1, 2025. There are no

Note 2 - Discontinued Operation

Note 2 - Discontinued Operations	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	2. DISCONTINUED OPERATIONS As of June 30, 2020, July 8, 2020, We have reflected the former Factoring reportable segment as discontinued operations in the consolidated statements of operations for all periods presented. The following table summarizes the results of our discontinued operations for the twelve December 31, 2024 2023 2022 (in thousands) Twelve months ended December 31, 2024 2023 2022 Operating expenses $ - $ - $ - (Reversal of) loss contingency (800 ) (800 ) (1,000 ) Operating income 800 800 1,000 Income before income taxes 800 800 1,000 Income tax expense 200 200 250 Net income from discontinued operations, net of tax $ 600 $ 600 $ 750 Operating income for the years ended December 31, 2024 2023 2022 The following table summarizes the major classes of assets and liabilities included as discontinued operations as of December 31, 2024 2023 (in thousands) December 31, 2024 December 31, 2023 Noncurrent deferred tax asset $ 209 $ 409 Noncurrent assets from discontinued operations 209 409 Total assets from discontinued operations $ 209 $ 409 Current liabilities: Noncurrent contingent liabilities $ 835 $ 1,635 Total liabilities from discontinued operations $ 835 $ 1,635 There was $1.7 million of operating cash outflows related to the $1.7 million payment on the indemnification obligation to Triumph for the year ended December 31, 2023 no December 31, 2024 2022.

Note 3 - Fair Value of Financia

Note 3 - Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Fair Value Disclosures [Text Block]	3. FAIR VALUE OF FINANCIAL INSTRUMENTS Fair value is defined as an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Accordingly, fair value is a market-based measurement that is determined based on assumptions that market participants would use in pricing an asset or liability. The fair value of the commodity contracts, including our former fuel hedges, is determined based on quotes from the counterparty which were verified by comparing them to the exchange on which the related futures are traded, adjusted for counterparty credit risk. There were no December 31, 2024 2023 The fair value of our interest rate swap agreements is determined using the market-standard methodology of netting the discounted future fixed-cash payments and the discounted expected variable-cash receipts. The variable-cash receipts are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. These analyses reflect the contractual terms of the swap, including the period to maturity, and use observable market-based inputs, including interest rate curves and implied volatilities. The fair value calculation also includes an amount for risk of non-performance of our counterparties using "significant unobservable inputs" such as estimates of current credit spreads to evaluate the likelihood of default, which we have determined to be insignificant to the overall fair value of our interest rate swap agreements. The fair value of the life insurance policies was determined by the underwriting insurance company’s valuation models and represents the guaranteed value we would receive upon surrender of these policies as of the reporting date. A three ● Level 1. ● Level 2. ● Level 3. no Financial Instruments Measured at Fair Value on a Recurring Basis (in thousands) December 31, 2024 December 31, 2023 Input Level Interest rate swaps $ 1,397 $ 1,101 2 Contingent consideration $ (27,794 ) $ (21,802 ) 3 Cash surrender value life insurance policies $ 3,370 $ 2,424 2 Contingent consideration arrangements require us to pay up to $20.0 million of additional consideration to AAT's former shareholders based on AAT's results during the first two first three first four 8, 7, 6, The fair value of the contingent consideration is adjusted at each reporting period based on changes to the expected cash flows and related assumptions. There were contingent consideration payments made during the years ended December 31, 2024 2023 first second 2024, 2023, December 31, 2024, December 31, 2023. December 31, 2023, December 31, 2022. The following table provides a summary (in thousands) of the activity for the contingent consideration liability for 2024 (in thousands) Beginning balance January 1, Additions Adjustments to fair market value Payments Ending balance December 31, 2024 $ (21,802 ) $ - $ (15,992 ) $ 10,000 $ (27,794 ) 2023 $ (17,023 ) $ (11,802 ) $ (2,977 ) $ 10,000 $ (21,802 ) 2022 $ - $ (16,210 ) $ (813 ) $ - $ (17,023 )

Note 4 - Stock-based Compensati

Note 4 - Stock-based Compensation	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	4. STOCK-BASED COMPENSATION Our Third Amended and Restated 2006 May 17, 2023, 2006 May 1, 2033, one one The Incentive Plan permits annual awards of shares of our Class A common stock to executives, other key employees, non-employee directors, and eligible participants under various types of options, restricted share awards, or other equity instruments. At December 31, 2024 No may May 1, 2033. Included in salaries, wages, and related expenses within the consolidated statements of operations is stock-based compensation expense of $2.9 million, $6.5 million, and $6.0 million in 2024 2023 2022 2024 2023 2022 2024 2023 2022 2024 2023 2022 2024 2023 2022 2024 2023 2022 2024 2023 2022 The Incentive Plan allows participants to pay the federal and state minimum statutory tax withholding requirements related to awards that vest or allows the participant to deliver to us shares of Class A common stock having a fair market value equal to the minimum amount of such required withholding taxes. To satisfy withholding requirements for shares that vested, certain participants elected to deliver to us 33,286, 229,656, and 110,612 Class A common stock shares, which were withheld at weighted average per share prices of $26.16, $20.86, and $14.52, respectively, based on the closing prices of our Class A common stock on the dates the shares vested in 2024 2023 2022 2024 2023 2022 The following table summarizes our restricted share award activity for the fiscal years ended December 31, 2024 2023 2022 Number of stock awards (in thousands) Weighted average grant date fair value Unvested at December 31, 2021 1,124 $ 9.06 Granted 310 $ 11.04 Vested (446 ) $ 9.40 Forfeited (10 ) $ 6.97 Unvested at December 31, 2022 978 $ 9.56 Granted 196 $ 19.36 Vested (706 ) $ 9.24 Forfeited - $ - Unvested at December 31, 2023 468 $ 14.60 Granted 243 $ 23.80 Vested (142 ) $ 15.14 Forfeited (77 ) $ 11.09 Unvested at December 31, 2024 492 $ 19.55 The unvested shares at December 31, 2024 December 31, 2024 2024 2023 2022 The following table summarizes our stock option activity for the fiscal year ended December 31, 2024 2023 2022 Number of options (in thousands) Weighted average exercise price Weighted average grant date fair value Weighted average remaining contractual term Aggregate intrinsic value (in thousands) Outstanding at December 31, 2021 2,222 $ 9.00 $ 4.16 9.0 years $ 9,382 Options granted - $ - $ - Options exercised (48 ) $ 7.89 $ 2.45 Options forfeited - $ - $ - Outstanding at December 31, 2022 2,174 $ 9.02 $ 4.20 8.0 years $ 17,968 Options granted - $ - $ - Options exercised (30 ) $ 7.89 $ 2.45 Options forfeited - $ - $ - Outstanding at December 31, 2023 2,144 $ 9.04 $ 4.22 7.0 years $ 29,978 Options granted - $ - $ - Options exercised (223 ) $ 7.89 $ 3.86 Options forfeited - $ - $ - Outstanding at December 31, 2024 1,921 $ 9.17 $ 4.26 6.0 years $ 34,732 Exercisable at December 31, 2024 1,921 $ 9.17 $ 4.26 6.0 years $ 34,732 There was no December 31, 2024

Note 5 - Property and Equipment

Note 5 - Property and Equipment	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	5. PROPERTY AND EQUIPMENT A summary of property and equipment, at cost, as of December 31, 2024 2023 (in thousands) Estimated Useful Lives (Years) 2024 2023 Revenue equipment 2 20 $ 575,726 $ 538,617 Communications equipment 5 10 6,721 5,847 Land and improvements 0 15 12,407 11,747 Buildings and leasehold improvements 7 40 97,636 104,358 Construction in-progress - 6,404 2,968 Other 2 10 30,510 28,995 $ 729,404 $ 692,532 Depreciation expense was $77.0 million, $62.4 million, and $53.2 million in 2024 2023 2022 2024 2023 2022 We lease certain revenue equipment under finance and operating leases with terms of approximately 48 to 84 months. At December 31, 2024 2023 December 31, 2024 2023 2024 2023 2022 11,

Note 6 - Acquisition of Sims Tr

Note 6 - Acquisition of Sims Transport Services, LLC	12 Months Ended
	Dec. 31, 2024
Sims Transport Services, LLC [Member]
Notes to Financial Statements
Business Combination Disclosure [Text Block]	6. ACQUISITION OF SIMS TRANSPORT SERVICES LLC On August 18, 2023, first fourth The acquisition date fair value of the consideration transferred consisted of the following: August 18, 2023 (in thousands) Cash paid pursuant to Stock Purchase Agreement $ 8,573 Cash acquired included in historical book value of Sims' assets and liabilities (526 ) Contingent consideration 1,786 Net purchase price $ 9,833 The contingent consideration arrangement requires us to pay a total of up to $12.0 million of additional consideration to Sim's former equity-holders based on Sim's results during the first four not 3 3, All goodwill related to the acquisition is deductible for tax purposes and there are no The following table summarizes the fair values of the assets acquired and liabilities assumed at the acquisition date. (in thousands) August 18, 2023 Accounts receivable $ 735 Other intangibles, net 6,090 Total identifiable assets acquired 6,825 Accounts payable (457 ) Accrued expenses (4 ) Total liabilities assumed (461 ) Net identifiable assets acquired 6,364 Goodwill 3,469 Net assets acquired $ 9,833 During the year ended December 31, 2024 December 31, 2023 December 31, 2024. 9, Sims' results have been included in the consolidated financial statements since the date of acquisition and are reported within our Managed Freight reportable segment. The amounts of revenue and earnings of Sims included in the Company’s consolidated results of operations from the acquisition date to the period ended December 31, 2024 (in thousands) Year Ended Year Ended December 31, 2024 December 31, 2023 Total revenue $ 10,398 $ 2,924 Net income $ 884 $ 555

Note 7 - Acquisition of Lew Tho

Note 7 - Acquisition of Lew Thompson & Son Trucking, Inc.	12 Months Ended
	Dec. 31, 2024
Lew Thompson & Son Trucking, Inc. [Member]
Notes to Financial Statements
Business Combination Disclosure [Text Block]	7. ACQUISITION OF LEW THOMPSON & SON TRUCKING, LLC On April 26, 2023, third The acquisition date fair value of the consideration transferred consisted of the following: April 26, 2023 (in thousands) Cash paid pursuant to Stock Purchase Agreement $ 105,282 Cash acquired included in historical book value of LTST's assets and liabilities (839 ) Contingent consideration 10,016 Net purchase price $ 114,459 The contingent consideration arrangement requires us to pay a total of up to $30.0 million of additional consideration to LTST's former shareholders based on LTST's results during the first three not 3 3, Because of our 338 10 no The following table summarizes the fair values of the assets acquired and liabilities assumed at the acquisition date. (in thousands) April 26, 2023 Accounts receivable $ 4,848 Driver advances and other receivables 98 Inventory and supplies 1,015 Prepaid expenses 561 Property and equipment 42,277 Other assets 120 Other intangibles 52,870 Total identifiable assets acquired 101,789 Accounts payable (565 ) Accrued expenses (1,465 ) Current portion of operating lease obligations (396 ) Current portion of insurance and claims accrual (56 ) Long-term portion of operating lease obligations (2,103 ) Total liabilities assumed (4,585 ) Net identifiable assets acquired 97,204 Goodwill 17,255 Net assets acquired $ 114,459 Since acquisition we recognized measurement period adjustments which increased goodwill recognized for LTST by $4.9 million, primarily related to the Section 338 10 December 31, 2024. 9, LTST's results have been included in the consolidated financial statements since the date of acquisition and are reported within our Dedicated reportable segment. The amounts of revenue and earnings of LTST included in the Company’s consolidated results of operations from the acquisition date to the period ended December 31, 2024 (in thousands) Year Ended Year Ended December 31, 2024 December 31, 2023 Total revenue $ 126,288 $ 41,838 Net income $ 3,337 $ 4,726 The following unaudited pro forma consolidated results of operations assume that the acquisition of LTST occurred as of January 1, 2022: (in thousands) Year Ended Year Ended Year Ended December 31, 2024 December 31, 2023 December 31, 2022 Total revenue $ 1,131,476 $ 1,124,492 $ 1,281,504 Net income $ 35,921 $ 57,592 $ 121,943 Basic net income per share $ 1.37 $ 2.21 $ 4.07 Diluted net income per share $ 1.30 $ 2.08 $ 3.93 The pro forma financial information for all periods presented above has been calculated after adjusting the results of LTST to reflect the business combination accounting effects resulting from this acquisition, including the amortization expense from acquired intangible assets as though the acquisition occurred as of the beginning of the Company’s fiscal year 2022. not 2022.

Note 8 - Acquisition of AAT Car

Note 8 - Acquisition of AAT Carriers, Inc.	12 Months Ended
	Dec. 31, 2024
AAT Carriers Inc [Member]
Notes to Financial Statements
Business Combination Disclosure [Text Block]	8. ACQUISITION OF AAT CARRIERS, INC. On February 9, 2022, first second The acquisition date fair value of the consideration transferred consisted of the following: February 9, 2022 (in thousands) Cash paid pursuant to Stock Purchase Agreement $ 40,347 Cash acquired included in historical book value of AAT's assets and liabilities (1,846 ) Contingent consideration 16,210 Net purchase price $ 54,711 The contingent consideration arrangement requires us to pay up to $20.0 million of additional consideration to AAT's former shareholders based on AAT's results during the first two not 3 3, Because of our 338 10 no The following table summarizes the fair values of the assets acquired and liabilities assumed at the acquisition date. (in thousands) February 9, 2022 Accounts receivable $ 842 Prepaid expenses 33 Other short-term assets 19 Net property and equipment 7,994 Credentialing intangible asset 32,000 Total identifiable assets acquired 40,888 Accounts payable (19 ) Accrued expenses (1,396 ) Finance lease obligations (458 ) Other long-term liabilities (3 ) Total liabilities assumed (1,876 ) Net identifiable assets acquired 39,012 Goodwill 15,699 Net assets acquired $ 54,711 The goodwill recognized is attributable primarily to expected cost synergies in the areas of fuel, purchases of revenue equipment. Refer to Note 9, AAT’s results have been included in the consolidated financial statements since the date of acquisition and are reported within our Expedited reportable segment. The amounts of revenue and earnings of AAT included in the Company’s consolidated results of operations from the acquisition date to the period ended December 31, 2024 (in thousands) Year Ended Year Ended Year Ended December 31, 2024 December 31, 2023 December 31, 2022 Total revenue $ 33,139 $ 37,621 $ 33,061 Net income $ 5,173 $ 10,679 $ 13,263

Note 9 - Goodwill and Other Ass

Note 9 - Goodwill and Other Assets	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	9. GOODWILL, INTANGIBLES AND OTHER ASSETS The Landair trade name has a residual value of $0.5 million. Amortization expense of $9.5 million, $7.5 million, and $4.3 million for the years ended December 31, 2024 2023 2022 A summary of other intangible assets, by reportable segment as of December 31, 2024 2023 (in thousands) December 31, 2024 Gross intangible assets Accumulated amortization Net intangible assets Remaining Life (months) Trade name: Dedicated $ 4,502 $ (2,479 ) $ 2,023 Managed Freight 1,089 (910 ) 179 Warehousing 999 (885 ) 114 Total trade name 6,590 (4,274 ) 2,316 98 Non-Compete agreement: Dedicated 4,670 (1,946 ) 2,724 Managed Freight 380 (127 ) 253 Total non-compete agreement 5,050 (2,073 ) 2,977 28 Customer relationships: Dedicated 60,172 (12,142 ) 48,030 Managed Freight 7,312 (1,987 ) 5,325 Warehousing 12,436 (6,736 ) 5,700 Total customer relationships: 79,920 (20,865 ) 59,055 149 Credentialing: Expedited 32,000 (6,222 ) 25,778 Total credentialing 32,000 (6,222 ) 25,778 145 Total other intangible assets $ 123,560 $ (33,434 ) $ 90,126 142 (in thousands) December 31, 2023 Gross intangible assets Accumulated amortization Net intangible assets Remaining Life (months) Trade name: Dedicated $ 4,502 $ (2,269 ) $ 2,233 Managed Freight 1,089 (891 ) 198 Warehousing 999 (885 ) 114 Total trade name 6,590 (4,045 ) 2,545 110 Non-Compete agreement: Dedicated 4,670 (778 ) 3,892 Managed Freight 380 (32 ) 348 Warehousing - - - Total non-compete agreement 5,050 (810 ) 4,240 40 Customer relationships: Dedicated 60,172 (8,258 ) 51,914 Managed Freight 7,312 (1,043 ) 6,269 Warehousing 12,436 (5,700 ) 6,736 Total customer relationships 79,920 (15,001 ) 64,919 159 Credentialing: Expedited 32,000 (4,089 ) 27,911 157 Total credentialing 32,000 (4,089 ) 27,911 Total other intangible assets $ 123,560 $ (23,945 ) $ 99,615 151 The above finite-lived intangible assets have a weighted average remaining life of 142 months and 151 months as of December 31, 2024 2023 The expected amortization expense of these assets for the next five (In thousands) 2025 $ 9,488 2026 9,488 2027 8,678 2028 8,220 2029 8,208 Thereafter 45,544 The assignment of goodwill and intangible assets to our reportable segments was complete as of December 31, 2024 December 31, 2024 December 31, 2023 (in thousands) Expedited Dedicated Managed Freight Warehousing Balance at December 31, 2023 $ 15,699 $ 27,767 $ 10,531 $ 21,750 Post-acquisition goodwill adjustments - 4,808 (1,614 ) - Balance at December 31, 2024 $ 15,699 $ 32,575 $ 8,917 $ 21,750 A summary of other assets as of December 31, 2024 2023 (in thousands) 2024 2023 Investment in TEL $ 77,405 $ 66,327 Other long-term receivables 3,163 4,664 Other assets, net 9,065 7,076 Total other assets, net $ 89,633 $ 78,067 Other long-term receivables primarily represents amounts related to extended warranties purchased on our revenue equipment on our consolidated balance sheet as of December 31, 2024 2023 December 31, 2024 2023, The Company conducted its annual impairment assessments and tests of goodwill for each reporting unit as of October 1, 2024 may not not not If the estimation of fair value indicates that impairment potentially exists, the Company will then measure the amount of the impairment, if any. Goodwill impairment exists when the estimated implied fair value of goodwill is less than its carrying value. Changes in strategy or market conditions could significantly impact these fair value estimates and require adjustments to recorded asset balances. As a result of the most recent goodwill impairment analysis performed ( October 1, 2024 not not Additionally, the Company reviews its long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount may not No December 31, 2024

Note 10 - Debt

Note 10 - Debt	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Debt Disclosure [Text Block]	10. DEBT Current and long-term debt and lease obligations consisted of the following at December 31, 2024 2023 (in thousands) December 31, 2024 December 31, 2023 Current Long-Term Current Long-Term Borrowings under Credit Facility $ - $ - $ - $ 11,579 Borrowings under the Draw Note - - - - Revenue equipment installment notes; weighted average interest rate of 5.4 5.2 62,860 170,629 46,357 167,509 Real estate notes; interest rate of 6.3 7.1 1,350 16,456 1,294 17,806 Total debt 64,210 187,085 47,651 196,894 Principal portion of finance lease obligations, secured by related revenue equipment 751 3,192 781 5,296 Principal portion of operating lease obligations, secured by related equipment 10,349 31,302 11,950 30,892 Total debt and lease obligations $ 75,310 221,579 $ 60,382 $ 233,082 We and substantially all of our subsidiaries are parties to the Third Amended and Restated Credit Agreement (the "Credit Facility") with Bank of America, N.A., as agent (the "Agent") and JPMorgan Chase Bank, N.A. (together with the Agent, the "Lenders"). The Credit Facility is a $110.0 million revolving credit facility, with an uncommitted accordion feature that, so long as no May 2027. Borrowings under the Credit Facility are classified as either "base rate loans" or "SOFR loans." Base rate loans accrue interest at a base rate equal to the greater of the Agent’s prime rate, the federal funds rate plus 0.5%, or SOFR for a one 0.75%; not Borrowings under the Credit Facility are subject to a borrowing base limited to the lesser of (A) $110.0 no December 31, 2024 December 31, 2024 2023 The Credit Facility includes usual and customary events of default for a facility of this nature and provides that, upon the occurrence and continuation of an event of default, payment of all amounts payable under the Credit Facility may may Pricing for the revenue equipment installment notes is quoted by the respective financial affiliates of our primary revenue equipment suppliers and other lenders at the funding of each group of equipment acquired and include fixed annual rates for new equipment under retail installment contracts. The notes included in the funding are due in monthly installments with final maturities at various dates ranging from February 2028 March 2029 not 2025, In August 2015, third 12 In connection with the settlement of a dispute related to the sale of TFS (the "TFS Settlement"), in September 2020, may September 23, 2025. As of December 31, 2024 11 (in thousands) 2025 $ 64,210 2026 53,372 2027 47,596 2028 70,568 2029 4,323 Thereafter 11,226

Note 11 - Leases

Note 11 - Leases	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Lessee, Operating Leases [Text Block]	11. LEASES Finance lease obligations are utilized to finance a portion of our revenue equipment and are entered into with certain finance companies who are not December 31, 2024 May 2025 November 2033 not A summary of our lease obligations for the twelve December 31, 2024 2023 2022 (dollars in thousands) Twelve Months Ended Twelve Months Ended Twelve Months Ended December 31, 2024 December 31, 2023 December 31, 2022 Finance lease cost: Amortization of right-of-use assets $ 491 $ 689 $ 2,314 Interest on lease liabilities 818 510 377 Operating lease cost 14,350 18,296 20,538 Short-term lease cost 4,117 7,514 13,625 Variable lease cost 266 1,024 232 Total lease cost $ 20,042 $ 28,033 $ 37,086 Other information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 818 $ 510 $ 377 Operating cash flows from operating leases $ 11,222 $ 13,965 $ 17,114 Financing cash flows from finance leases $ 2,949 $ 5,619 $ 5,516 Right-of-use assets obtained in exchange for new finance lease liabilities $ 815 $ 5,938 $ 458 Right-of-use assets obtained in exchange for new operating lease liabilities $ 13,753 $ 3,992 $ 48,515 Weighted-average remaining lease term—finance leases 4.8 years 3.8 years 5.7 years Weighted-average remaining lease term—operating leases 4.4 years 4.6 years 4.6 years Weighted-average discount rate—finance leases 12.7 % 13.2 % 5.1 % Weighted-average discount rate—operating leases 8.7 % 10.1 % 9.1 % At December 31, 2024 2023 net property and equipment December 31, 2022, Our future minimum lease payments as of December 31, 2024 (in thousands) Operating Finance 2025 $ 13,083 $ 1,214 2026 11,560 1,212 2027 10,386 1,212 2028 5,944 930 2029 3,623 340 Thereafter 4,562 527 Total minimum lease payments $ 49,158 $ 5,435 Less: amount representing interest (7,507 ) (1,492 ) Present value of minimum lease payments $ 41,651 $ 3,943 Less: current portion (10,349 ) (751 ) Lease obligations, long-term $ 31,302 $ 3,192 Certain leases contain cross-default provisions with other financing agreements and additional charges if the unit's mileage exceeds certain thresholds defined in the lease agreement. Rental expense is summarized as follows for each of the three December 31: (in thousands) 2024 2023 2022 Revenue equipment rentals $ 5,390 $ 12,735 $ 26,478 Building and lot rentals 12,816 13,721 7,567 Other equipment rentals 527 378 350 Total rental expense $ 18,733 $ 26,834 $ 34,395

Note 12 - Income Taxes

Note 12 - Income Taxes	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Income Tax Disclosure [Text Block]	12. INCOME TAXES Income tax expense for the years ended December 31, 2024 2023 2022 (in thousands) 2024 2023 2022 Federal, current $ 6,332 $ (1,132 ) $ 16,123 Federal, deferred 2,731 16,624 12,774 State, current 2,078 2,575 5,136 State, deferred (596 ) (456 ) 827 Income tax expense $ 10,545 $ 17,611 $ 34,860 Income tax expense for the years ended December 31, 2024 2023 2022 (in thousands) 2024 2023 2022 Computed "expected" income tax expense $ 9,631 $ 15,170 $ 29,986 State income taxes, net of federal income tax effect 1,165 1,674 4,711 Per diem allowances 852 862 - Tax contingency accruals - (287 ) (230 ) Tax credits (496 ) (329 ) (379 ) Excess tax benefits on share-based compensation (975 ) (1,811 ) (446 ) Change in prior year estimates (398 ) 8 (145 ) Executive compensation disallowance 1,068 2,370 1,778 Other, net (302 ) (46 ) (415 ) Income tax expense $ 10,545 $ 17,611 $ 34,860 The amount of income tax expense allocated to discontinued operations for TFS is $0.2 million for the years ended December 31, 2024 2023 2022 Income tax expense varies from the amount computed by applying the applicable federal corporate income tax rate of 21% for 2024 2023 2022 The temporary differences and the approximate tax effects that give rise to our net deferred tax liability at December 31, 2024 2023 (in thousands) 2024 2023 Deferred tax assets: Insurance and claims $ 9,943 $ 7,958 Net operating loss carryovers 4,756 14,550 Tax credits 487 347 Leased liability 10,640 10,796 Finance lease obligation 906 1,416 State bonus 3,205 6,760 Accrued bonus 3,146 3,198 Intangibles 1,394 727 Other 3,055 4,195 Total gross deferred tax assets 37,532 49,947 Valuation allowance (42 ) - Total deferred tax assets, net of valuation allowance 37,490 49,947 Deferred tax liabilities: Property and equipment (91,226 ) (96,208 ) Investment in partnership (48,447 ) (50,613 ) ROU Asset- leases (10,203 ) (10,371 ) Intangibles - (4,088 ) Other (343 ) (563 ) Prepaid expenses (4,921 ) (4,199 ) Total deferred tax liabilities (155,140 ) (166,042 ) Net deferred tax liability $ (117,650 ) $ (116,095 ) The net deferred tax liability of $117.7 million primarily relates to differences in cumulative book versus tax depreciation of property and equipment, partially offset by net operating loss carryovers and insurance claims that have been reserved but not As of December 31, 2024 December 31, 2023 December 31, 2022, 2024, 2023, 2022. The following tables summarize the annual activity related to our gross unrecognized tax benefits (in thousands) for the years ended December 31, 2024 2023 2022 2024 2023 2022 Balance as of January 1, $ 105 $ 392 $ 596 Decreases related to lapsing of statute of limitations (105 ) (287 ) (204 ) Balance as of December 31, $ - $ 105 $ 392 If recognized, approximately $0.0 million, $0.1 million, and $0.4 million of unrecognized tax benefits would impact our effective tax rate as of December 31, 2024 2023 2022 Our 2021 2023 not twelve We have $46.4 million of federal net operating loss offsetting current tax in 2024 no 2024 2029 The American Rescue Plan Act of 2021 162 eight three not 2027. no We do not three $1.0 1% not On May 11, 2023, 2023 2023 2024 December 31, 2024. The Organization for Economic Co-operation and Development ("OECD") has released the Base Erosion and Profit Shifting framework 2.0 15% December 31, 2024, no not

Note 13 - Equity Method Investm

Note 13 - Equity Method Investment	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Equity Method Investment [Text Block]	13. EQUITY METHOD INVESTMENT We own a 49.0% interest in TEL, a tractor and trailer equipment leasing company and used equipment reseller. There is no 49.0% not no no no third may December 31, 2024 December 31, 2023 2022 no none 2024 2023 2022 2024 2023 2022 December 31, 2024 2023 December 31, 2024 2023 2022 third December 31, 2024 2023 We have accounted for our investment in TEL using the equity method of accounting and thus our financial results include our proportionate share of TEL's net income, which amounted to $14.7 million in 2024 2023 2022 2024 2023 2022, Our accounts receivable and payable from TEL and investment in TEL as of December 31, 2024 2023 Description: Balance Sheet Line Item: 2024 2023 Accounts receivable from TEL Driver advances and other receivables $ - $ 37 Accounts payable to TEL Accrued expenses $ 275 $ 460 Investment in TEL Other assets $ 77,405 $ 66,327 Our accounts receivable from TEL related to cash disbursements made pursuant to our performance of certain back-office and maintenance functions on TEL's behalf. Our accounts payable to TEL related to operating lease payments owed to TEL. Our investment in TEL is comprised of $4.9 million cash investment and our equity in TEL's earnings since our investment, partially offset by dividends received since our investment for minimum tax withholdings as noted above. Additionally, the abovementioned deferred gains on sales of equipment to TEL are carried as a reduction in our investment in TEL. See TEL's summarized financial information below. (in thousands) As of the years ended December 31, 2024 2023 Current Assets $ 84,677 $ 74,154 Non-current Assets 575,786 518,870 Current Liabilities 131,137 119,620 Non-current Liabilities 378,933 347,121 Total Equity $ 150,393 $ 126,283 (in thousands) As of the years ended December 31, 2024 2023 2022 Revenue $ 150,538 $ 151,207 $ 149,347 Cost of Sales 11,467 14,768 28,815 Operating Expenses 89,575 79,596 60,861 Operating Income 49,496 56,843 59,671 Net Income $ 31,610 $ 43,107 $ 51,907

Note 14 - Employee Benefit Plan

Note 14 - Employee Benefit Plans	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Compensation Related Costs, General [Text Block]	14. EMPLOYEE BENEFIT PLANS Deferred Profit Sharing Employee Benefit Plan We have a deferred profit sharing and savings plan under which all of our employees with at least six may may 2024 2023 2022 Nonqualified Deferred Compensation Plan The Supplemental Savings Plan (the "SSP") is our nonqualified deferred compensation plan started during 2022 may December 31, 2024 2023 17 15 may not December 31, 2024 2023 December 31, 2024 2023 The accumulated benefit obligation and aggregate market value of the life insurance policies were as follows (in thousands): December 31, 2024 2023 Accumulated benefit obligation $ 3,541 $ 2,360 Aggregate market value $ 3,370 $ 2,424

Note 15 - Related Party Transac

Note 15 - Related Party Transactions	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	15. RELATED PARTY TRANSACTIONS Other than those associated with TEL, there are no 13

Note 16 - Commitments and Conti

Note 16 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	16. COMMITMENTS AND CONTINGENT LIABILITIES From time-to-time, we are a party to ordinary, routine litigation arising in the ordinary course of business, most of which involves claims for personal injury and/or property damage incurred in connection with the transportation of freight. We maintain insurance to cover liabilities arising from the transportation of freight for amounts in excess of certain self-insured retentions. Refer to Note 1 We had $19.8 million and $21.8 million of outstanding and undrawn letters of credit as of December 31, 2024 2023 December 31, 2024 We had commitments outstanding at December 31, 2024 December 31, 2023

Note 17 - Segment Information

Note 17 - Segment Information	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	17. SEGMENT INFORMATION Our four 1, The Company's chief operating decision maker, the Chief Executive Officer, evaluates the operating results through reportable segment operating income, which includes certain corporate overhead allocations directly attributable to each of the segments. We do not not Each segment uses certain shared infrastructure and each segment is presented with its direct costs and an allocation of shared overhead costs. Insurance and claims expense is charged to the segments based on their historic claims experience and an allocation of current insurance premiums. The chief operating decision maker uses operating income for each segment in the annual budget and strategic planning process. The chief operating decision maker considers budget-to-actual variances on a quarterly basis as well as month-over-month variances when making decisions about the allocation of operating and capital resources to each segment. The chief operating decision maker also uses segment operating income for evaluating pricing strategy, to assess the performance of each segment by comparing the results of each segment with one The following tables summarize our reportable segment information as used by our chief operating decision maker in making decisions regarding allocation of resources, etc., for 2024 2023 2022 (in thousands) Year Ended December 31, 2024 Expedited Dedicated Managed Freight Warehousing Consolidated Revenues Freight revenue $ 346,697 $ 317,787 $ 248,939 $ 100,518 $ 1,013,941 Fuel surcharge revenue (1) 69,764 46,627 - 1,144 117,535 Total revenue $ 416,461 $ 364,414 $ 248,939 $ 101,662 $ 1,131,476 Operating expenses: Salaries, wages, and related expenses 136,453 141,051 9,180 46,299 Fuel expense 64,661 50,063 - 1,473 Operations and maintenance 39,651 36,983 1,421 5,419 Revenue equipment rentals and purchased transportation 65,594 29,890 209,236 4,864 Operating taxes and licenses 1,498 1,648 45 2,351 Insurance and claims 26,321 15,882 913 792 Communications and utilities 2 459 40 882 General supplies and expenses 987 2,243 3,041 16,816 Depreciation and amortization 23 12,238 84 1,759 Gain on disposition of property and equipment, net - (107 ) - - Total allocated overhead 35,465 40,750 11,788 10,640 Segment operating expenses 370,655 331,100 235,748 91,295 1,028,798 Segment operating income $ 45,806 $ 33,314 $ 13,191 $ 10,367 $ 102,678 Other operating loss (2) (57,918 ) Total consolidated operating income $ 44,760 (in thousands) Year Ended December 31, 2023 Expedited Dedicated Managed Freight Warehousing Consolidated Revenues Freight revenue $ 343,779 $ 268,465 $ 258,903 $ 99,362 $ 970,509 Fuel surcharge revenue (1) 80,041 51,822 - 1,201 133,064 Total revenue $ 423,820 $ 320,287 $ 258,903 $ 100,563 $ 1,103,573 Operating expenses: Salaries, wages, and related expenses 138,897 116,383 8,534 49,495 Fuel expense 75,671 55,686 - 1,544 Operations and maintenance 45,836 32,061 1,228 5,658 Revenue equipment rentals and purchased transportation 55,064 30,492 221,535 5,974 Operating taxes and licenses 1,679 927 45 2,107 Insurance and claims 25,500 14,929 2,812 1,699 Communications and utilities 65 272 9 927 General supplies and expenses 1,072 2,173 2,282 17,141 Depreciation and amortization 2,074 5,187 388 765 Gain on disposition of property and equipment, net (17 ) (94 ) - - Total allocated overhead 32,969 35,805 11,617 9,467 Segment operating expenses 378,810 293,821 248,450 94,777 1,015,858 Segment operating income $ 45,010 $ 26,466 $ 10,453 $ 5,786 $ 87,715 Other operating loss (2) (28,892 ) Total consolidated operating income $ 58,823 (in thousands) Year Ended December 31, 2022 Expedited Dedicated Managed Freight Warehousing Consolidated Revenues Freight revenue $ 355,360 $ 291,199 $ 320,985 $ 78,852 $ 1,046,396 Fuel surcharge revenue (1) 97,353 71,798 - 1,311 170,462 Total revenue $ 452,713 $ 362,997 $ 320,985 $ 80,163 $ 1,216,858 Operating expenses: Salaries, wages, and related expenses 139,950 126,625 10,671 44,553 Fuel expense 88,574 76,254 9 1,660 Operations and maintenance 46,747 37,416 207 3,620 Revenue equipment rentals and purchased transportation 52,122 45,606 259,177 4,711 Operating taxes and licenses 1,474 564 41 956 Insurance and claims 23,069 20,867 1,712 865 Communications and utilities 140 172 9 399 General supplies and expenses 783 1,791 1,916 10,212 Depreciation and amortization 895 22 71 672 Gain on disposition of property and equipment, net 230 67 35 19 Total allocated overhead 34,286 30,624 8,564 8,169 Segment operating expenses 388,270 340,008 282,412 75,836 1,086,526 Segment operating income $ 64,443 $ 22,989 $ 38,573 $ 4,327 $ 130,332 Other operating loss (2) (9,650 ) Total consolidated operating income $ 120,682 ( 1 The chief operating decision maker does not third ( 2 Other operating loss is attributable to unallocated corporate expenses. Balance sheet data by reportable segment is not

Note 18 - Equity

Note 18 - Equity	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Equity [Text Block]	18. EQUITY On December 31, 2024, 1 one one one one 10 On May 18, 2022, no January 30, 2023. January 30, 2023, May 2022 April 2023, January 31, 2024. On January 26, 2022, March 25, 2022, March 4, 2022. May 18, 2022, June 24, 2022, June 3, 2022. August 17, 2022, September 30, 2022, September 2, 2022. February 15, 2023, March 31, 2023, March 3, 2023. May 17, 2023, June 30, 2023, June 2, 2023. August 16, 2023, September 29, 2023, September 1, 2023. November 15, 2023, December 29, 2023, December 1, 2023. February 13, 2024, March 29, 2024, March 1, 2024. May 15, 2024, June 28, 2024, June 7, 2024. August 14, 2024, September 27, 2024, September 6, 2024. November 21, 2024, December 27, 2024, December 6, 2024.

Note 19 - Subsequent Events

Note 19 - Subsequent Events	12 Months Ended
	Dec. 31, 2024
Notes to Financial Statements
Subsequent Events [Text Block]	19. SUBSEQUENT EVENTS On February 10, 2025, March 7, 2025, March 28, 2025.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The consolidated financial statements include the accounts of Covenant Logistics Group, Inc., a holding company incorporated in the state of Nevada in 1994, References in this report to "it," "we," "us," "our," the "Company," and similar expressions refer to Covenant Logistics Group, Inc. and its subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. Our four ● Expedited: The Expedited reportable segment primarily provides truckload services to customers with high service freight and delivery standards, such as 1,000 22 15 two ● Dedicated: The Dedicated reportable segment provides customers with committed truckload capacity over contracted periods with the goal of three five ● Managed Freight: The Managed Freight reportable segment includes our brokerage and transport management services ("TMS"). Brokerage services provide logistics capacity by outsourcing the carriage of customers' freight to third ● Warehousing: The Warehousing reportable segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. We also provide shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses. The following table summarizes our revenue by our four December 31, 2024 2023 2022 Year ended December 31, (in thousands) 2024 2023 2022 Revenues: Expedited $ 416,461 $ 423,820 $ 452,713 Dedicated 364,414 320,287 362,997 Managed Freight 248,939 258,903 320,985 Warehousing 101,662 100,563 80,163 Total revenues $ 1,131,476 $ 1,103,573 $ 1,216,858
Equity Method Investments [Policy Text Block]	Investment in Transport Enterprise Leasing, LLC Transport Enterprise Leasing, LLC ("TEL") is a tractor and trailer equipment leasing company and used equipment reseller. We evaluated our investment in TEL to determine whether it should be recorded on a consolidated basis. Our percentage of ownership interest (49%), an evaluation of control, and whether a variable interest entity ("VIE") existed were all considered in our consolidation assessment. Based on the analysis, the Company is not not 49% On a periodic basis, we assess whether there are any indicators that the fair value of our investment in TEL may no December 31, 2024 2023 2022
Risks and Uncertainties [Policy Text Block]	Risks and Uncertainties Our insurance program includes multi-year policies with specific insurance limits that may April 1, 2018 March 31, 2021, $9.0 $1.0 $9.0 $1.0 April 1, 2018 March 31, 2021, may
Revenue [Policy Text Block]	Revenue Recognition Revenue, drivers' wages, and other direct operating expenses generated by our Expedited and Dedicated reportable segments are recognized proportionally as the transportation service is performed based on the percentage of miles completed as of the period end. Revenue is recognized on a gross basis at amounts charged to our customers because we control and are primarily responsible for the fulfillment of the promised service. Revenue includes transportation revenue, fuel surcharges, loading and unloading activities, equipment detention, and other accessorial services. Revenue generated by our Managed Freight reportable segment is recognized proportionally as the services are provided based on the percentage of completion method using the estimated time elapsed as of the period end. Revenue is recorded on a gross basis, without deducting third There are no December 31, 2024 2023 2022 December 31, 2024 2023 2022,
Use of Estimates, Policy [Policy Text Block]	Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires us to make decisions based upon estimates, assumptions, and factors we consider as relevant to the circumstances. Such decisions include the selection of applicable accounting principles and the use of judgment in their application, the results of which impact reported amounts and disclosures. Changes in future economic conditions or other business circumstances may
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents We consider all highly liquid investments with a maturity of three December 31, 2024
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Accounts Receivable and Concentration of Credit Risk We extend credit to our customers in the normal course of business, which are generally due within 30 45 120 not Accounts receivable are comprised of a diversified customer base that mitigates the level of concentration of credit risk. During 2024 2023 2022 ten 2024 2023 none 2022 10% 49 49 2024 2023 The following table provides a summary (in thousands) of the activity in the allowance for credit losses for 2024 2023 2022 Years ended December 31: Beginning balance January 1, (Reversal of) additional provisions to allowance Write-offs and other adjustments Ending balance December 31, 2024 $ 2,449 $ (23 ) $ (66 ) $ 2,360 2023 $ 2,934 $ (258 ) $ (227 ) $ 2,449 2022 $ 4,112 $ 367 $ (1,545 ) $ 2,934
Inventory, Policy [Policy Text Block]	Inventories and Supplies Inventories and supplies consist of parts, tires, fuel, and supplies. Tires on new revenue equipment are capitalized as a component of the related equipment cost when the tractor or trailer is placed in service and recognized through depreciation over the life of the vehicle. Replacement tires and parts on hand at year end are recorded at the lower of cost or net realizable value with cost determined using the first first
Assets Held for Sale Policy [Policy Text Block]	Assets Held for Sale Assets held for sale include property and revenue equipment no no twelve
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment Property and equipment is stated at cost less accumulated depreciation. Depreciation for book purposes is determined using the straight-line method over the estimated useful lives of the assets. Depreciation of revenue equipment is our largest item of depreciation. We generally depreciate new tractors over five seven ten June 30, 2024 December 31, 2024. not December 31, 2023, We lease certain revenue equipment under finance and operating leases with terms of approximately 48 to 84 months. Amortization of assets under finance and operating leases are included in depreciation and amortization expense and revenue and equipment rentals and purchased transportation, respectively. A portion of our tractors are protected by binding trade-back agreements with the manufacturers. The remainder of our tractors and substantially all of our owned trailers are subject to fluctuations in market prices for used revenue equipment. Moreover, our trade-back agreements are contingent upon reaching acceptable terms for the purchase of new equipment. Declines in the price of used revenue equipment or failure to reach agreement for the purchase of new tractors with the manufacturers issuing trade-back agreements could result in impairment of, or losses on the sale of, revenue equipment.
Goodwill and Intangible Assets, Policy [Policy Text Block]	Goodwill and Other Intangible Assets We classify intangible assets into two may may not may We determine the useful lives of our identifiable intangible assets after considering the specific facts and circumstances related to each intangible asset. Factors we consider when determining useful lives include the contractual term of any agreement, the history of the asset, our long-term strategy for the use of the asset, any laws or other local regulations which could impact the useful life of the asset, and other economic factors, including competition and specific market conditions. Intangible assets that are deemed to have finite lives are amortized, generally on a straight-line basis, over their remaining useful lives, ranging from 3 to 17 years.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets Pursuant to applicable accounting standards, revenue equipment and other long-lived assets are tested for impairment whenever an event occurs that indicates impairment may no December 31, 2024 2023 2022
Accrued Expenses [Policy Text Block]	Accrued Expenses Accrued expenses as of December 31, 2024, December 31, 2023,
Insurance And Other Claims [Policy Text Block]	Insurance and Other Claims The primary claims arising against us consist of auto liability (personal injury and property damage), workers' compensation, cargo, commercial liability, and employee medical expenses. At December 31, 2024 ● auto liability - $7.0 million in excess of $3.0 million policy that runs from April 1, 2024 April 1, 2027 ● workers' compensation - $1.5 million ● cargo - $0.3 million ● employee medical - $0.4 million ● physical damage - 100% Due to our significant self-insured retention amounts, we have exposure to fluctuations in the number and severity of claims and to variations between our estimated and actual ultimate payouts. We record a liability for the estimated cost of the uninsured portion of pending claims and the estimated allocated loss adjustment expenses including legal and other direct costs associated with a claim. Estimates require judgments concerning the nature and severity of the claim, historical trends, advice from third In addition to estimates within our self-insured retention layers, we also must make judgments concerning claims where we have third third December 31, 2024 2023 December 31, 2024 2023 may We also make judgments regarding the ultimate benefit versus risk of commuting certain periods within our auto liability policy. If we commute a policy, we assume 100% risk for covered claims in exchange for a policy refund. Our prior auto liability policies have sometimes included a release premium refund or commutation option that we have sometimes exercised, although we do not not no December 31, 2024 2023
Interest Capitalization, Policy [Policy Text Block]	Interest We capitalize interest on major projects during construction. Interest is capitalized based on the average interest rate on related debt. Capitalized interest was less than $0.1 million, $0.3 million, and $0.3 million in 2024 2023 2022
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments Our financial instruments consist primarily of cash and cash equivalents, accounts receivable, available-for-sale securities, accounts payable, debt, and interest rate swaps. The carrying amount of cash and cash equivalents, accounts receivable, accounts payable, and current debt approximates their fair value because of the short-term maturity of these instruments. Interest rates that are currently available to us for issuance of long-term debt with similar terms and remaining maturities are used to estimate the fair value of our long-term debt, which primarily consists of revenue equipment installment notes. The fair value of our revenue equipment installment notes approximated the carrying value at December 31, 2024
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. We have reflected the net liability after offsetting our deferred tax assets and liabilities in the deferred income taxes line in the accompanying consolidated balance sheets. We believe the future tax deductions will be realized principally through future reversals of existing taxable temporary differences and future taxable income, except for when a valuation allowance has been provided as discussed in Note 12. In the ordinary course of business there is inherent uncertainty in quantifying our income tax positions. We assess our income tax positions and record tax benefits for all years subject to examination based upon management's evaluation of the facts, circumstances, and information available at the reporting dates. For those tax positions where it is more likely than not 50% not not no Our policy is to recognize income tax benefit arising from the exercise of stock options and restricted share vesting based on the ordering provisions of the tax law as prescribed by the Internal Revenue Code, including indirect tax effects, if any.
Lessee, Leases [Policy Text Block]	Lease Accounting At the commencement date of a new lease agreement with contractual terms longer than twelve Right-of-use assets and lease liabilities are initially recorded based on the present value of lease payments over the term of the lease. When the rate implicit in the lease is readily determinable, this rate is used for calculating the present value of remaining lease payments; otherwise, our incremental borrowing rate is used. The incremental borrowing rate represents an estimate of the interest rate we would incur at the lease commencement to borrow an amount equal to the lease payments on a collateralized basis over the term of the lease. Right-of-use assets also include prepaid lease expenses and initial direct costs of executing the leases, which are reduced by landlord incentives. Options to extend or terminate a lease agreement are included in or excluded from the lease term, respectively, when those options are reasonably certain to be exercised. Right-of-use assets are tested for impairment in the same manner as long-lived assets. Finance lease obligations are utilized to finance a portion of our revenue equipment and are entered into with certain finance companies who are not may not Right-of-use assets are included in net property and equipment. For finance leases, right-of-use assets are amortized on a straight-line basis over the shorter of the expected useful life or the lease term, and the carrying amount of the lease liability is adjusted to reflect interest expense, which is recorded in interest expense, net. Operating lease right-of-use assets are amortized over the lease term on a straight-line basis, and the lease liability is measured at the present value of the remaining lease payments. Variable lease payments not
Stockholders' Equity, Policy [Policy Text Block]	Capital Structure The shares of Class A and B common stock are substantially identical except that the Class B shares are entitled to two one
Earnings Per Share, Policy [Policy Text Block]	Income Per Share Basic income per share excludes dilution and is computed by dividing earnings available to common stockholders by the weighted-average number of common shares outstanding for the period. Diluted income per share reflects the dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in our earnings. The following table sets forth the calculation of net income per share included in the consolidated statements of operations for each of the three December 31: (in thousands except per share data) 2024 2023 2022 Numerators: Income from continuing operations $ 35,321 $ 54,629 $ 107,932 Income from discontinued operations, net of tax 600 600 750 Net income $ 35,921 $ 55,229 $ 108,682 Denominator: Denominator for basic income per share – weighted-average shares 26,307 26,096 30,012 Effect of dilutive securities: Equivalent shares issuable upon conversion of unvested restricted shares 161 489 715 Equivalent shares issuable upon conversion of unvested employee stock options 1,246 1,083 321 Denominator for diluted income per share adjusted weighted-average shares and assumed conversions 27,714 27,668 31,048 Basic income per share: Income from continuing operations $ 1.35 $ 2.09 $ 3.60 Income from discontinued operations $ 0.02 $ 0.02 $ 0.02 Net income per basic share (1) $ 1.37 $ 2.12 $ 3.62 Diluted income per share: Income from continuing operations $ 1.28 $ 1.97 $ 3.48 Income from discontinued operations $ 0.02 $ 0.02 $ 0.02 Net income per diluted share $ 1.30 $ 2.00 $ 3.50 ( 1 Total may not There were no not December 31, 2024 2023 2022 no no December 31, 2024 2023 2022
Share-Based Payment Arrangement [Policy Text Block]	Stock-Based Employee Compensation We issue several types of stock-based compensation, including awards that vest based on service, market, and performance conditions or a combination of the conditions. Performance-based and market-based awards vest contingent upon meeting certain performance or market criteria, respectively, established by the Compensation Committee of the Board. All awards require future service. For performance-based awards, determining the appropriate amount to expense in each period is based on likelihood and timing of achieving the stated targets for performance-based awards and requires judgment, including forecasting future financial results. The estimates are revised periodically based on the probability and timing of achieving the required performance and adjustments are made as appropriate. Awards that are only subject to time vesting provisions are amortized using the straight-line method.
Reclassifications [Policy Text Block]	Reclassifications Certain reclassifications were made to the prior year’s consolidated financial statements to conform to the current year presentation.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements Accounting Standards not In November 2024, 2024 03, 220 40 December 15, 2026, December 15, 2027. may In December 2023, 2023 09, 1 2 2023 09 December 15, 2024. Accounting Standards adopted In November 2023, No. 2023 07, 280 January 1, 2024, January 1, 2025. There are no

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Disaggregation of Revenue [Table Text Block]	Year ended December 31, (in thousands) 2024 2023 2022 Revenues: Expedited $ 416,461 $ 423,820 $ 452,713 Dedicated 364,414 320,287 362,997 Managed Freight 248,939 258,903 320,985 Warehousing 101,662 100,563 80,163 Total revenues $ 1,131,476 $ 1,103,573 $ 1,216,858
Accounts Receivable, Allowance for Credit Loss [Table Text Block]	Years ended December 31: Beginning balance January 1, (Reversal of) additional provisions to allowance Write-offs and other adjustments Ending balance December 31, 2024 $ 2,449 $ (23 ) $ (66 ) $ 2,360 2023 $ 2,934 $ (258 ) $ (227 ) $ 2,449 2022 $ 4,112 $ 367 $ (1,545 ) $ 2,934
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	(in thousands except per share data) 2024 2023 2022 Numerators: Income from continuing operations $ 35,321 $ 54,629 $ 107,932 Income from discontinued operations, net of tax 600 600 750 Net income $ 35,921 $ 55,229 $ 108,682 Denominator: Denominator for basic income per share – weighted-average shares 26,307 26,096 30,012 Effect of dilutive securities: Equivalent shares issuable upon conversion of unvested restricted shares 161 489 715 Equivalent shares issuable upon conversion of unvested employee stock options 1,246 1,083 321 Denominator for diluted income per share adjusted weighted-average shares and assumed conversions 27,714 27,668 31,048 Basic income per share: Income from continuing operations $ 1.35 $ 2.09 $ 3.60 Income from discontinued operations $ 0.02 $ 0.02 $ 0.02 Net income per basic share (1) $ 1.37 $ 2.12 $ 3.62 Diluted income per share: Income from continuing operations $ 1.28 $ 1.97 $ 3.48 Income from discontinued operations $ 0.02 $ 0.02 $ 0.02 Net income per diluted share $ 1.30 $ 2.00 $ 3.50

Note 2 - Discontinued Operati_2

Note 2 - Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	(in thousands) Twelve months ended December 31, 2024 2023 2022 Operating expenses $ - $ - $ - (Reversal of) loss contingency (800 ) (800 ) (1,000 ) Operating income 800 800 1,000 Income before income taxes 800 800 1,000 Income tax expense 200 200 250 Net income from discontinued operations, net of tax $ 600 $ 600 $ 750 (in thousands) December 31, 2024 December 31, 2023 Noncurrent deferred tax asset $ 209 $ 409 Noncurrent assets from discontinued operations 209 409 Total assets from discontinued operations $ 209 $ 409 Current liabilities: Noncurrent contingent liabilities $ 835 $ 1,635 Total liabilities from discontinued operations $ 835 $ 1,635

Note 3 - Fair Value of Financ_2

Note 3 - Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	(in thousands) December 31, 2024 December 31, 2023 Input Level Interest rate swaps $ 1,397 $ 1,101 2 Contingent consideration $ (27,794 ) $ (21,802 ) 3 Cash surrender value life insurance policies $ 3,370 $ 2,424 2
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	(in thousands) Beginning balance January 1, Additions Adjustments to fair market value Payments Ending balance December 31, 2024 $ (21,802 ) $ - $ (15,992 ) $ 10,000 $ (27,794 ) 2023 $ (17,023 ) $ (11,802 ) $ (2,977 ) $ 10,000 $ (21,802 ) 2022 $ - $ (16,210 ) $ (813 ) $ - $ (17,023 )

Note 4 - Stock-based Compensa_2

Note 4 - Stock-based Compensation (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]	Number of stock awards (in thousands) Weighted average grant date fair value Unvested at December 31, 2021 1,124 $ 9.06 Granted 310 $ 11.04 Vested (446 ) $ 9.40 Forfeited (10 ) $ 6.97 Unvested at December 31, 2022 978 $ 9.56 Granted 196 $ 19.36 Vested (706 ) $ 9.24 Forfeited - $ - Unvested at December 31, 2023 468 $ 14.60 Granted 243 $ 23.80 Vested (142 ) $ 15.14 Forfeited (77 ) $ 11.09 Unvested at December 31, 2024 492 $ 19.55
Share-Based Payment Arrangement, Option, Activity [Table Text Block]	Number of options (in thousands) Weighted average exercise price Weighted average grant date fair value Weighted average remaining contractual term Aggregate intrinsic value (in thousands) Outstanding at December 31, 2021 2,222 $ 9.00 $ 4.16 9.0 years $ 9,382 Options granted - $ - $ - Options exercised (48 ) $ 7.89 $ 2.45 Options forfeited - $ - $ - Outstanding at December 31, 2022 2,174 $ 9.02 $ 4.20 8.0 years $ 17,968 Options granted - $ - $ - Options exercised (30 ) $ 7.89 $ 2.45 Options forfeited - $ - $ - Outstanding at December 31, 2023 2,144 $ 9.04 $ 4.22 7.0 years $ 29,978 Options granted - $ - $ - Options exercised (223 ) $ 7.89 $ 3.86 Options forfeited - $ - $ - Outstanding at December 31, 2024 1,921 $ 9.17 $ 4.26 6.0 years $ 34,732 Exercisable at December 31, 2024 1,921 $ 9.17 $ 4.26 6.0 years $ 34,732

Note 5 - Property and Equipme_2

Note 5 - Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Property, Plant and Equipment [Table Text Block]	(in thousands) Estimated Useful Lives (Years) 2024 2023 Revenue equipment 2 20 $ 575,726 $ 538,617 Communications equipment 5 10 6,721 5,847 Land and improvements 0 15 12,407 11,747 Buildings and leasehold improvements 7 40 97,636 104,358 Construction in-progress - 6,404 2,968 Other 2 10 30,510 28,995 $ 729,404 $ 692,532

Note 6 - Acquisition of Sims _2

Note 6 - Acquisition of Sims Transport Services, LLC (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	February 9, 2022 (in thousands) Cash paid pursuant to Stock Purchase Agreement $ 40,347 Cash acquired included in historical book value of AAT's assets and liabilities (1,846 ) Contingent consideration 16,210 Net purchase price $ 54,711
Business Acquisition, Pro Forma Information [Table Text Block]	(in thousands) Year Ended Year Ended December 31, 2024 December 31, 2023 Total revenue $ 126,288 $ 41,838 Net income $ 3,337 $ 4,726
Sims Transport Services, LLC [Member]
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	August 18, 2023 (in thousands) Cash paid pursuant to Stock Purchase Agreement $ 8,573 Cash acquired included in historical book value of Sims' assets and liabilities (526 ) Contingent consideration 1,786 Net purchase price $ 9,833
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	(in thousands) August 18, 2023 Accounts receivable $ 735 Other intangibles, net 6,090 Total identifiable assets acquired 6,825 Accounts payable (457 ) Accrued expenses (4 ) Total liabilities assumed (461 ) Net identifiable assets acquired 6,364 Goodwill 3,469 Net assets acquired $ 9,833
Business Acquisition, Pro Forma Information [Table Text Block]	(in thousands) Year Ended Year Ended December 31, 2024 December 31, 2023 Total revenue $ 10,398 $ 2,924 Net income $ 884 $ 555

Note 7 - Acquisition of Lew T_2

Note 7 - Acquisition of Lew Thompson & Son Trucking, Inc. (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	February 9, 2022 (in thousands) Cash paid pursuant to Stock Purchase Agreement $ 40,347 Cash acquired included in historical book value of AAT's assets and liabilities (1,846 ) Contingent consideration 16,210 Net purchase price $ 54,711
Business Acquisition, Pro Forma Information [Table Text Block]	(in thousands) Year Ended Year Ended December 31, 2024 December 31, 2023 Total revenue $ 126,288 $ 41,838 Net income $ 3,337 $ 4,726
Lew Thompson & Son Trucking, Inc. [Member]
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	April 26, 2023 (in thousands) Cash paid pursuant to Stock Purchase Agreement $ 105,282 Cash acquired included in historical book value of LTST's assets and liabilities (839 ) Contingent consideration 10,016 Net purchase price $ 114,459
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	(in thousands) April 26, 2023 Accounts receivable $ 4,848 Driver advances and other receivables 98 Inventory and supplies 1,015 Prepaid expenses 561 Property and equipment 42,277 Other assets 120 Other intangibles 52,870 Total identifiable assets acquired 101,789 Accounts payable (565 ) Accrued expenses (1,465 ) Current portion of operating lease obligations (396 ) Current portion of insurance and claims accrual (56 ) Long-term portion of operating lease obligations (2,103 ) Total liabilities assumed (4,585 ) Net identifiable assets acquired 97,204 Goodwill 17,255 Net assets acquired $ 114,459
Business Acquisition, Pro Forma Information [Table Text Block]	(in thousands) Year Ended Year Ended Year Ended December 31, 2024 December 31, 2023 December 31, 2022 Total revenue $ 1,131,476 $ 1,124,492 $ 1,281,504 Net income $ 35,921 $ 57,592 $ 121,943 Basic net income per share $ 1.37 $ 2.21 $ 4.07 Diluted net income per share $ 1.30 $ 2.08 $ 3.93

Note 8 - Acquisition of AAT C_2

Note 8 - Acquisition of AAT Carriers, Inc. (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	February 9, 2022 (in thousands) Cash paid pursuant to Stock Purchase Agreement $ 40,347 Cash acquired included in historical book value of AAT's assets and liabilities (1,846 ) Contingent consideration 16,210 Net purchase price $ 54,711
Business Acquisition, Pro Forma Information [Table Text Block]	(in thousands) Year Ended Year Ended December 31, 2024 December 31, 2023 Total revenue $ 126,288 $ 41,838 Net income $ 3,337 $ 4,726
AAT Carriers Inc [Member]
Notes Tables
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	(in thousands) February 9, 2022 Accounts receivable $ 842 Prepaid expenses 33 Other short-term assets 19 Net property and equipment 7,994 Credentialing intangible asset 32,000 Total identifiable assets acquired 40,888 Accounts payable (19 ) Accrued expenses (1,396 ) Finance lease obligations (458 ) Other long-term liabilities (3 ) Total liabilities assumed (1,876 ) Net identifiable assets acquired 39,012 Goodwill 15,699 Net assets acquired $ 54,711
Business Acquisition, Pro Forma Information [Table Text Block]	(in thousands) Year Ended Year Ended Year Ended December 31, 2024 December 31, 2023 December 31, 2022 Total revenue $ 33,139 $ 37,621 $ 33,061 Net income $ 5,173 $ 10,679 $ 13,263

Note 9 - Goodwill and Other A_2

Note 9 - Goodwill and Other Assets (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Finite-Lived Intangible Assets [Table Text Block]	(in thousands) December 31, 2024 Gross intangible assets Accumulated amortization Net intangible assets Remaining Life (months) Trade name: Dedicated $ 4,502 $ (2,479 ) $ 2,023 Managed Freight 1,089 (910 ) 179 Warehousing 999 (885 ) 114 Total trade name 6,590 (4,274 ) 2,316 98 Non-Compete agreement: Dedicated 4,670 (1,946 ) 2,724 Managed Freight 380 (127 ) 253 Total non-compete agreement 5,050 (2,073 ) 2,977 28 Customer relationships: Dedicated 60,172 (12,142 ) 48,030 Managed Freight 7,312 (1,987 ) 5,325 Warehousing 12,436 (6,736 ) 5,700 Total customer relationships: 79,920 (20,865 ) 59,055 149 Credentialing: Expedited 32,000 (6,222 ) 25,778 Total credentialing 32,000 (6,222 ) 25,778 145 Total other intangible assets $ 123,560 $ (33,434 ) $ 90,126 142 (in thousands) December 31, 2023 Gross intangible assets Accumulated amortization Net intangible assets Remaining Life (months) Trade name: Dedicated $ 4,502 $ (2,269 ) $ 2,233 Managed Freight 1,089 (891 ) 198 Warehousing 999 (885 ) 114 Total trade name 6,590 (4,045 ) 2,545 110 Non-Compete agreement: Dedicated 4,670 (778 ) 3,892 Managed Freight 380 (32 ) 348 Warehousing - - - Total non-compete agreement 5,050 (810 ) 4,240 40 Customer relationships: Dedicated 60,172 (8,258 ) 51,914 Managed Freight 7,312 (1,043 ) 6,269 Warehousing 12,436 (5,700 ) 6,736 Total customer relationships 79,920 (15,001 ) 64,919 159 Credentialing: Expedited 32,000 (4,089 ) 27,911 157 Total credentialing 32,000 (4,089 ) 27,911 Total other intangible assets $ 123,560 $ (23,945 ) $ 99,615 151
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	(In thousands) 2025 $ 9,488 2026 9,488 2027 8,678 2028 8,220 2029 8,208 Thereafter 45,544
Schedule of Goodwill [Table Text Block]	(in thousands) Expedited Dedicated Managed Freight Warehousing Balance at December 31, 2023 $ 15,699 $ 27,767 $ 10,531 $ 21,750 Post-acquisition goodwill adjustments - 4,808 (1,614 ) - Balance at December 31, 2024 $ 15,699 $ 32,575 $ 8,917 $ 21,750
Schedule of Other Assets [Table Text Block]	(in thousands) 2024 2023 Investment in TEL $ 77,405 $ 66,327 Other long-term receivables 3,163 4,664 Other assets, net 9,065 7,076 Total other assets, net $ 89,633 $ 78,067

Note 10 - Debt (Tables)

Note 10 - Debt (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Debt [Table Text Block]	(in thousands) December 31, 2024 December 31, 2023 Current Long-Term Current Long-Term Borrowings under Credit Facility $ - $ - $ - $ 11,579 Borrowings under the Draw Note - - - - Revenue equipment installment notes; weighted average interest rate of 5.4 5.2 62,860 170,629 46,357 167,509 Real estate notes; interest rate of 6.3 7.1 1,350 16,456 1,294 17,806 Total debt 64,210 187,085 47,651 196,894 Principal portion of finance lease obligations, secured by related revenue equipment 751 3,192 781 5,296 Principal portion of operating lease obligations, secured by related equipment 10,349 31,302 11,950 30,892 Total debt and lease obligations $ 75,310 221,579 $ 60,382 $ 233,082
Schedule of Maturities of Long-Term Debt [Table Text Block]	(in thousands) 2025 $ 64,210 2026 53,372 2027 47,596 2028 70,568 2029 4,323 Thereafter 11,226

Note 11 - Leases (Tables)

Note 11 - Leases (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Lease, Cost [Table Text Block]	(dollars in thousands) Twelve Months Ended Twelve Months Ended Twelve Months Ended December 31, 2024 December 31, 2023 December 31, 2022 Finance lease cost: Amortization of right-of-use assets $ 491 $ 689 $ 2,314 Interest on lease liabilities 818 510 377 Operating lease cost 14,350 18,296 20,538 Short-term lease cost 4,117 7,514 13,625 Variable lease cost 266 1,024 232 Total lease cost $ 20,042 $ 28,033 $ 37,086 Other information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 818 $ 510 $ 377 Operating cash flows from operating leases $ 11,222 $ 13,965 $ 17,114 Financing cash flows from finance leases $ 2,949 $ 5,619 $ 5,516 Right-of-use assets obtained in exchange for new finance lease liabilities $ 815 $ 5,938 $ 458 Right-of-use assets obtained in exchange for new operating lease liabilities $ 13,753 $ 3,992 $ 48,515 Weighted-average remaining lease term—finance leases 4.8 years 3.8 years 5.7 years Weighted-average remaining lease term—operating leases 4.4 years 4.6 years 4.6 years Weighted-average discount rate—finance leases 12.7 % 13.2 % 5.1 % Weighted-average discount rate—operating leases 8.7 % 10.1 % 9.1 %
Lessee, Lease Liability, Maturity [Table Text Block]	(in thousands) Operating Finance 2025 $ 13,083 $ 1,214 2026 11,560 1,212 2027 10,386 1,212 2028 5,944 930 2029 3,623 340 Thereafter 4,562 527 Total minimum lease payments $ 49,158 $ 5,435 Less: amount representing interest (7,507 ) (1,492 ) Present value of minimum lease payments $ 41,651 $ 3,943 Less: current portion (10,349 ) (751 ) Lease obligations, long-term $ 31,302 $ 3,192
Schedule of Rental Expense [Table Text Block]	(in thousands) 2024 2023 2022 Revenue equipment rentals $ 5,390 $ 12,735 $ 26,478 Building and lot rentals 12,816 13,721 7,567 Other equipment rentals 527 378 350 Total rental expense $ 18,733 $ 26,834 $ 34,395

Note 12 - Income Taxes (Tables)

Note 12 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	(in thousands) 2024 2023 2022 Federal, current $ 6,332 $ (1,132 ) $ 16,123 Federal, deferred 2,731 16,624 12,774 State, current 2,078 2,575 5,136 State, deferred (596 ) (456 ) 827 Income tax expense $ 10,545 $ 17,611 $ 34,860
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	(in thousands) 2024 2023 2022 Computed "expected" income tax expense $ 9,631 $ 15,170 $ 29,986 State income taxes, net of federal income tax effect 1,165 1,674 4,711 Per diem allowances 852 862 - Tax contingency accruals - (287 ) (230 ) Tax credits (496 ) (329 ) (379 ) Excess tax benefits on share-based compensation (975 ) (1,811 ) (446 ) Change in prior year estimates (398 ) 8 (145 ) Executive compensation disallowance 1,068 2,370 1,778 Other, net (302 ) (46 ) (415 ) Income tax expense $ 10,545 $ 17,611 $ 34,860
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	(in thousands) 2024 2023 Deferred tax assets: Insurance and claims $ 9,943 $ 7,958 Net operating loss carryovers 4,756 14,550 Tax credits 487 347 Leased liability 10,640 10,796 Finance lease obligation 906 1,416 State bonus 3,205 6,760 Accrued bonus 3,146 3,198 Intangibles 1,394 727 Other 3,055 4,195 Total gross deferred tax assets 37,532 49,947 Valuation allowance (42 ) - Total deferred tax assets, net of valuation allowance 37,490 49,947 Deferred tax liabilities: Property and equipment (91,226 ) (96,208 ) Investment in partnership (48,447 ) (50,613 ) ROU Asset- leases (10,203 ) (10,371 ) Intangibles - (4,088 ) Other (343 ) (563 ) Prepaid expenses (4,921 ) (4,199 ) Total deferred tax liabilities (155,140 ) (166,042 ) Net deferred tax liability $ (117,650 ) $ (116,095 )
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	2024 2023 2022 Balance as of January 1, $ 105 $ 392 $ 596 Decreases related to lapsing of statute of limitations (105 ) (287 ) (204 ) Balance as of December 31, $ - $ 105 $ 392

Note 13 - Equity Method Inves_2

Note 13 - Equity Method Investment (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Equity Method Investments [Table Text Block]	Description: Balance Sheet Line Item: 2024 2023 Accounts receivable from TEL Driver advances and other receivables $ - $ 37 Accounts payable to TEL Accrued expenses $ 275 $ 460 Investment in TEL Other assets $ 77,405 $ 66,327 (in thousands) As of the years ended December 31, 2024 2023 Current Assets $ 84,677 $ 74,154 Non-current Assets 575,786 518,870 Current Liabilities 131,137 119,620 Non-current Liabilities 378,933 347,121 Total Equity $ 150,393 $ 126,283 (in thousands) As of the years ended December 31, 2024 2023 2022 Revenue $ 150,538 $ 151,207 $ 149,347 Cost of Sales 11,467 14,768 28,815 Operating Expenses 89,575 79,596 60,861 Operating Income 49,496 56,843 59,671 Net Income $ 31,610 $ 43,107 $ 51,907

Note 14 - Employee Benefit Pl_2

Note 14 - Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Defined Contribution Plan Disclosures [Table Text Block]	December 31, 2024 2023 Accumulated benefit obligation $ 3,541 $ 2,360 Aggregate market value $ 3,370 $ 2,424

Note 17 - Segment Information (

Note 17 - Segment Information (Tables)	12 Months Ended
	Dec. 31, 2024
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	(in thousands) Year Ended December 31, 2024 Expedited Dedicated Managed Freight Warehousing Consolidated Revenues Freight revenue $ 346,697 $ 317,787 $ 248,939 $ 100,518 $ 1,013,941 Fuel surcharge revenue (1) 69,764 46,627 - 1,144 117,535 Total revenue $ 416,461 $ 364,414 $ 248,939 $ 101,662 $ 1,131,476 Operating expenses: Salaries, wages, and related expenses 136,453 141,051 9,180 46,299 Fuel expense 64,661 50,063 - 1,473 Operations and maintenance 39,651 36,983 1,421 5,419 Revenue equipment rentals and purchased transportation 65,594 29,890 209,236 4,864 Operating taxes and licenses 1,498 1,648 45 2,351 Insurance and claims 26,321 15,882 913 792 Communications and utilities 2 459 40 882 General supplies and expenses 987 2,243 3,041 16,816 Depreciation and amortization 23 12,238 84 1,759 Gain on disposition of property and equipment, net - (107 ) - - Total allocated overhead 35,465 40,750 11,788 10,640 Segment operating expenses 370,655 331,100 235,748 91,295 1,028,798 Segment operating income $ 45,806 $ 33,314 $ 13,191 $ 10,367 $ 102,678 Other operating loss (2) (57,918 ) Total consolidated operating income $ 44,760 (in thousands) Year Ended December 31, 2023 Expedited Dedicated Managed Freight Warehousing Consolidated Revenues Freight revenue $ 343,779 $ 268,465 $ 258,903 $ 99,362 $ 970,509 Fuel surcharge revenue (1) 80,041 51,822 - 1,201 133,064 Total revenue $ 423,820 $ 320,287 $ 258,903 $ 100,563 $ 1,103,573 Operating expenses: Salaries, wages, and related expenses 138,897 116,383 8,534 49,495 Fuel expense 75,671 55,686 - 1,544 Operations and maintenance 45,836 32,061 1,228 5,658 Revenue equipment rentals and purchased transportation 55,064 30,492 221,535 5,974 Operating taxes and licenses 1,679 927 45 2,107 Insurance and claims 25,500 14,929 2,812 1,699 Communications and utilities 65 272 9 927 General supplies and expenses 1,072 2,173 2,282 17,141 Depreciation and amortization 2,074 5,187 388 765 Gain on disposition of property and equipment, net (17 ) (94 ) - - Total allocated overhead 32,969 35,805 11,617 9,467 Segment operating expenses 378,810 293,821 248,450 94,777 1,015,858 Segment operating income $ 45,010 $ 26,466 $ 10,453 $ 5,786 $ 87,715 Other operating loss (2) (28,892 ) Total consolidated operating income $ 58,823 (in thousands) Year Ended December 31, 2022 Expedited Dedicated Managed Freight Warehousing Consolidated Revenues Freight revenue $ 355,360 $ 291,199 $ 320,985 $ 78,852 $ 1,046,396 Fuel surcharge revenue (1) 97,353 71,798 - 1,311 170,462 Total revenue $ 452,713 $ 362,997 $ 320,985 $ 80,163 $ 1,216,858 Operating expenses: Salaries, wages, and related expenses 139,950 126,625 10,671 44,553 Fuel expense 88,574 76,254 9 1,660 Operations and maintenance 46,747 37,416 207 3,620 Revenue equipment rentals and purchased transportation 52,122 45,606 259,177 4,711 Operating taxes and licenses 1,474 564 41 956 Insurance and claims 23,069 20,867 1,712 865 Communications and utilities 140 172 9 399 General supplies and expenses 783 1,791 1,916 10,212 Depreciation and amortization 895 22 71 672 Gain on disposition of property and equipment, net 230 67 35 19 Total allocated overhead 34,286 30,624 8,564 8,169 Segment operating expenses 388,270 340,008 282,412 75,836 1,086,526 Segment operating income $ 64,443 $ 22,989 $ 38,573 $ 4,327 $ 130,332 Other operating loss (2) (9,650 ) Total consolidated operating income $ 120,682

Note 1 - Summary of Significa_3

Note 1 - Summary of Significant Accounting Policies (Details Textual) $ in Thousands		12 Months Ended
	Dec. 31, 2024 USD ($)	Dec. 31, 2024 USD ($) shares	Dec. 31, 2023 USD ($) shares	Dec. 31, 2022 USD ($) shares	Apr. 01, 2024 USD ($)
Number of Reportable Segments		4
Insurance Policy Primary Occurence Limit	$ 7,000	$ 7,000	$ 9,000		$ 7,000
Insurance Policy Excess Coverage	3,000	3,000	1,000		3,000
Insurance Policy Excess Coverage	3,000	3,000	1,000		$ 3,000
Contract with Customer, Liability, Revenue Recognized		700	1,100	$ 1,400
Accounts Receivable, after Allowance for Credit Loss	141,600	141,600	142,500	119,800
Cash, Uninsured Amount	$ 36,400	36,400
Depreciation, Increase Decrease		6,400
Gain (Loss) on Disposition of Property Plant Equipment		$ (1,630)	$ 12,585	40,322
Finite-Lived Intangible Asset, Useful Life (Year)	142 months	142 months	151 months
Accrued Liabilities	$ 51,300	$ 51,300	$ 59,100
Employee-related Liabilities	26,900	26,900	25,900
Accrued Purchased Transportation	4,700	4,700	$ 8,400
Workers Compensation Self Insurance Per Claim		1,500
Cargo Losses Purchased Coverage per Claim		300
Employee Annual Insuarnce Deductible Per Claim		$ 400
Physical Damage Coverage		100%	100%
Drivers Advances and Other Receivables Net Of Allowance	3,999	$ 3,999	$ 4,367
Interest Costs Capitalized		$ 100	$ 300	$ 300
Restricted Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) | shares			0
Employee Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares) | shares		0	0	208
Receivables from Insurers [Member]
Drivers Advances and Other Receivables Net Of Allowance	1,100	$ 1,100	$ 800
Insurance Settlements Receivable, Noncurrent	$ 600	$ 600	1,300
Maximum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	17 years	17 years
Minimum [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	3 years	3 years
Tractors [Member]
Property, Plant and Equipment, Useful Life (Year)	5 years	5 years
Property, Plant and Equipment, Salvage Value, Percentage	0%	0%
Tractors [Member] | Maximum [Member]
Property, Plant and Equipment, Salvage Value, Percentage	35%	35%
Refrigerated Trailers [Member]
Property, Plant and Equipment, Useful Life (Year)	7 years	7 years
Dry Van Trailers [Member]
Property, Plant and Equipment, Useful Life (Year)	10 years	10 years
Dry Van Trailers [Member] | Maximum [Member]
Property, Plant and Equipment, Salvage Value, Percentage	25%	25%
Dry Van Trailers [Member] | Minimum [Member]
Property, Plant and Equipment, Salvage Value, Percentage	20%	20%
Terminal Property [Member] | CALIFORNIA
Gain (Loss) on Disposition of Property Plant Equipment			$ 7,600
Revenue Equipment [Member] | Maximum [Member]
Property, Plant and Equipment, Useful Life (Year)	20 years	20 years
Capital Leases of Lessee, Term of Contract (Month)		84 months
Revenue Equipment [Member] | Minimum [Member]
Property, Plant and Equipment, Useful Life (Year)	2 years	2 years
Capital Leases of Lessee, Term of Contract (Month)		48 months
Customer Concentration Risk [Member] | Revenue Benchmark [Member]
Number of Major Customers	10,000,000
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | Ten Customers [Member]
Concentration Risk, Percentage		45%	44%	43%
Customer Concentration Risk [Member] | Revenue Benchmark [Member] | One Customer [Member]
Number of Major Customers			1	0
Transport Enterprise Leasing LLC [Member]
Equity Method Investment, Ownership Percentage	49%	49%	49%

Note 1 - Summary of Significa_4

Note 1 - Summary of Significant Accounting Policies - Revenue by Operating Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Total revenues	$ 1,131,476	$ 1,103,573	$ 1,216,858
Highway Services [Member]
Total revenues		423,820	452,713
Highway Services [Member] | Expedited [Member]
Total revenues	416,461	423,820	452,713
Dedicated [Member]
Total revenues	364,414	320,287	362,997
Managed Freight [Member]
Total revenues	248,939	258,903	320,985
Managed Freight [Member] | Warehouse [Member]
Total revenues	$ 101,662	$ 100,563	$ 80,163

Note 1 - Summary of Significa_5

Note 1 - Summary of Significant Accounting Policies - Summary of Allowance for Doubtful Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Beginning balance	$ 2,449	$ 2,934	$ 4,112
Additional provisions to allowance	(23)	(258)	367
Write-offs and other adjustments	(66)	(227)	1,545
Label	$ 2,360	$ 2,449	$ 2,934

Note 1 - Summary of Significa_6

Note 1 - Summary of Significant Accounting Policies - Calculation of Net Income Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Numerators:
Income from continuing operations		$ 35,321	$ 54,629	$ 107,932
Income from discontinued operations, net of tax		600	600	750
Net income (loss)		$ 35,921	$ 55,229	$ 108,682
Denominator:
Denominator for basic income per share – weighted-average shares (in shares)		26,307	26,096	30,012
Effect of dilutive securities:
Diluted weighted average shares outstanding (in shares)		27,714	27,668	31,048
Basic income per share:
Income from continuing operations (in dollars per share)		$ 1.35	$ 2.09	$ 3.6
Income from discontinued operations (in dollars per share)		0.02	0.02	0.02
Net income per basic share(1) (in dollars per share)	[1]	1.37	2.12	3.62
Diluted income per share:
Income from continuing operations (in dollars per share)		1.28	1.97	3.48
Income from discontinued operations (in dollars per share)		0.02	0.02	0.02
Net income per diluted share (in dollars per share)		$ 1.3	$ 2	$ 3.5
Restricted Stock [Member]
Effect of dilutive securities:
Equivalent shares issuable upon conversion of unvested restricted shares (in shares)		161	489	715
Share-Based Payment Arrangement, Option [Member]
Effect of dilutive securities:
Equivalent shares issuable upon conversion of unvested restricted shares (in shares)		1,246	1,083	321
[1]Total may not sum due to rounding.

Note 2 - Discontinued Operati_3

Note 2 - Discontinued Operations (Details Textual) - Transport Financial Services [Member] - Discontinued Operations, Disposed of by Sale [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Jul. 08, 2020
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net				$ 103,300
Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Gross				108,700
Disposal Group, Including Discontinued Operation, Allowance				$ 5,400
Discontinued Operation, Amount of Adjustment to Prior Period Gain (Loss) on Disposal, Net of Tax	$ 800	$ 800	$ 1,000
Cash Provided by (Used in) Operating Activities, Discontinued Operations	$ 0	1,700	$ 0
Payments for Legal Settlements		$ 1,700

Note 2 - Discontinued Operati_4

Note 2 - Discontinued Operations - Results of Discontinued Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Noncurrent assets from discontinued operations	$ 209	$ 409
Transport Financial Services [Member]
Discontinued Operation, Tax Effect of Discontinued Operation	200	200	$ 200
Transport Financial Services [Member] | Discontinued Operations, Disposed of by Sale [Member]
Operating expenses	0	0	0
(Reversal of) loss contingency	(800)	(800)	(1,000)
Operating income	800	800	1,000
Income before income taxes	800	800	1,000
Discontinued Operation, Tax Effect of Discontinued Operation	200	200	250
Net income from discontinued operations, net of tax	600	600	$ 750
Noncurrent deferred tax asset	209	409
Noncurrent assets from discontinued operations	209	409
Total assets from discontinued operations	209	409
Noncurrent contingent liabilities	835	1,635
Total liabilities from discontinued operations	$ 835	$ 1,635

Note 3 - Fair Value of Financ_3

Note 3 - Fair Value of Financial Instruments (Details Textual) - USD ($) $ in Thousands						9 Months Ended		12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Aug. 18, 2023	Apr. 26, 2023	Feb. 09, 2022	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Payment for Contingent Consideration Liability, Financing Activities								$ 7,023	$ 9,187	$ 0
AAT Carriers Inc [Member]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High					$ 20,000
Business Combination, Contingent Consideration, Earnout Period (Year)					2 years
Payment for Contingent Consideration Liability						$ 10,000	$ 10,000
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability						10,000			10,000
Payment for Contingent Consideration Liability, Financing Activities						7,000			9,200
Payment for Contingent Consideration Liability, Operating Activities						$ 3,000			800
AAT Carriers Inc [Member] | Stock Purchase Agreement, Earnout Component [Member]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High					$ 20,000
Lew Thompson & Son Trucking, Inc. [Member]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High				$ 30,000
Business Combination, Contingent Consideration, Earnout Period (Year)				3 years
Lew Thompson & Son Trucking, Inc. [Member] | Changes Measurement [Member]
Payment for Contingent Consideration Liability								10,000
Lew Thompson & Son Trucking, Inc. [Member] | Stock Purchase Agreement, Earnout Component [Member]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High				$ 134,500
Business Combination, Contingent Consideration Arrangements, Change in Range of Outcomes, Contingent Consideration, Liability, Value, High				$ 30,000
Sims Transport Services, LLC [Member]
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High			$ 12,000
Business Combination, Contingent Consideration, Earnout Period (Year)			4 years
Sims Transport Services, LLC [Member] | Changes Measurement [Member]
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability									1,800
Sims Transport Services, LLC [Member] | Stock Purchase Agreement, Earnout Component [Member]
Business Combination, Contingent Consideration Arrangements, Change in Range of Outcomes, Contingent Consideration, Liability, Value, High			$ 12,000
AAT, LTST, and Sims [Member] | Changes Measurement [Member]
Payment for Contingent Consideration Liability									10,000
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability	$ 16,000	$ 4,800						6,000		3,000
Business Combination, Contingent Consideration, Liability, Fair Value Disclosure	$ 27,800	21,800						$ 27,800	21,800	$ 17,000
LTST [Member]
Business Combination, Contingent Consideration, Liability, Fair Value Disclosure		$ 10,000							$ 10,000

Note 3 - Fair Value of Financ_4

Note 3 - Fair Value of Financial Instruments - Financial Instruments Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Inputs, Level 2 [Member]
Cash surrender value life insurance policies	$ 3,370	$ 2,424
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Interest rate swaps	1,397	1,101
Fair Value, Inputs, Level 3 [Member]
Contingent consideration	$ (27,794)	$ (21,802)

Note 3 - Fair Value of Financ_5

Note 3 - Fair Value of Financial Instruments - Activity for Contingent Consideration (Details) - Fair Value, Recurring [Member] - Fair Value, Inputs, Level 3 [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Balance	$ (21,802)	$ (17,023)	$ 0
Additions	0	(11,802)	(16,210)
Adjustment to fair market value	(15,992)	(2,977)	(813)
Payments	10,000	10,000	0
Balance	$ (27,794)	$ (21,802)	$ (17,023)

Note 3 - Fair Value of Financ_6

Note 3 - Fair Value of Financial Instruments - Activity for Contingent Consideration (Details) (Parentheticals)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Fair Value, Liability, Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Cost and Expense, Operating	Other Cost and Expense, Operating	Other Cost and Expense, Operating

Note 4 - Stock-based Compensa_3

Note 4 - Stock-based Compensation (Details Textual) - USD ($)			12 Months Ended
	May 17, 2023	Jul. 01, 2020	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Additional Shares Authorized (in shares)	1,150,000
Fungible Share Reserve Feature, Shares Subject for Each Share Granted (in shares)		1
Fungible Share Reserve Feature, Shares Subject to All Other Awards (in shares)		1.8
Maximum Number of Shares of Class A Common Stock Awarded to any Participant in the Incentive Plan in any Calendar Year (in shares)		1,000,000
Maximum Cash Awarded to any Participant in the Incentive Plan in any Calendar Year		$ 4,000,000
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant (in shares)			2,126,457
Payment, Tax Withholding, Share-Based Payment Arrangement			$ 871,000	$ 4,792,000	$ 1,606,000
Share-Based Payment Arrangement, Expense, Tax Benefit			400,000	2,200,000	400,000
Common Class A [Member]
Payment, Tax Withholding, Share-Based Payment Arrangement			$ 900,000	$ 4,800,000	$ 1,600,000
Share-Based Payment Arrangement, Shares Withheld for Tax Withholding Obligation (in shares)			33,286	229,656	110,612
Share-Based Compensation Arrangement by Share-Based Payment Award, Per Share Weighted Average Price of Shares Purchased (in dollars per share)			$ 26.16	$ 20.86	$ 14.52
Restricted Stock [Member]
Share-Based Payment Arrangement, Expense			$ 800,000	$ 100,000	$ 100,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			$ 6,300,000
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)			2 years 1 month 6 days
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value			$ 2,200,000	6,300,000	3,400,000
Share-Based Payment Arrangement, Option [Member]
Share-Based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount			0
Minimum [Member]
Payment, Tax Withholding, Share-Based Payment Arrangement			600,000	3,900,000
Maximum [Member]
Payment, Tax Withholding, Share-Based Payment Arrangement					2,200,000
Salaries Wages And Related Expenses [Member]
Share-Based Payment Arrangement, Expense			2,900,000	6,500,000	6,000,000
General Supplies and Expenses [Member]
Share-Based Payment Arrangement, Expense			800,000	600,000	600,000
General and Administrative Expense [Member] | Director [Member]
Share-Based Payment Arrangement, Expense			$ 1,800,000	$ 200,000	$ 400,000

Note 4 - Stock-based Compensa_4

Note 4 - Stock-based Compensation - Restricted Stock Activity (Details) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Number of stock awards, unvested, beginning of period (in shares)	468	978	1,124
Weighted average grant date fair value, unvested, beginning of period (in dollars per share)	$ 14.6	$ 9.56	$ 9.06
Granted (in shares)	243	196	310
Granted, weighted average grant date fair value (in dollars per share)	$ 23.8	$ 19.36	$ 11.04
Vested (in shares)	(142)	(706)	(446)
Vested, weighted average grant date fair value (in dollars per share)	$ 15.14	$ 9.24	$ 9.4
Forfeited (in shares)	(77)	0	(10)
Forfeited, weighted average grant date fair value (in dollars per share)	$ 11.09	$ 0	$ 6.97
Number of stock awards, unvested, end of period (in shares)	492	468	978
Weighted average grant date fair value, unvested, end of period (in dollars per share)	$ 19.55	$ 14.6	$ 9.56

Note 4 - Stock-based Compensa_5

Note 4 - Stock-based Compensation - Summary of Option Activity (Details) - USD ($)		12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Options outstanding, weighted average contractual ife (Year)	6 years
Options outstanding, aggregate intrinsic value	$ 34,732
Options granted (in shares)	0
Granted, weighted average exercise price (in dollars per share)	$ 0
Options granted, weighted average grant date fair value (in dollars per share)	$ 0
Options exercised (in shares)	(223)
Exercised, weighted average exercise price (in dollars per share)	$ 7.89
Options exercised, weighted average grant date fair value (in dollars per share)	$ 3.86
Options forfeited (in shares)	0
Forfeited, weighted average exercise price (in dollars per share)	$ 0
Options forfeited, weighted average grant date fair value (in dollars per share)	$ 0
Options outstanding, aggregate intrinsic value	$ (34,732)
Options outstanding, weighted average grant date fair value (in dollars per share)	$ 4.26
Balance (in shares)	1,921
Options outstanding, weighted average exercise price (in dollars per share)	$ 9.17
Share-Based Payment Arrangement, Option [Member]
Balance (in shares)		2,174	2,222
Options outstanding, weighted average exercise price (in dollars per share)		$ 9.02	$ 9
Options outstanding, weighted average grant date fair value (in dollars per share)		$ 4.2	$ 4.16
Options outstanding, weighted average contractual ife (Year)		7 years	8 years	9 years
Options outstanding, aggregate intrinsic value		$ 29,978,000	$ (17,968,000)	$ 9,382,000
Options granted (in shares)		0	0
Granted, weighted average exercise price (in dollars per share)		$ 0	$ 0
Options granted, weighted average grant date fair value (in dollars per share)		$ 0	$ 0
Options exercised (in shares)		(30)	(48)
Exercised, weighted average exercise price (in dollars per share)		$ 7.89	$ 7.89
Options exercised, weighted average grant date fair value (in dollars per share)		$ 2.45	$ 2.45
Options forfeited (in shares)		0	0
Forfeited, weighted average exercise price (in dollars per share)		$ 0	$ 0
Options forfeited, weighted average grant date fair value (in dollars per share)		$ 0	$ 0
Options outstanding, aggregate intrinsic value		$ (29,978,000)	$ 17,968,000	$ (9,382,000)
Options outstanding, weighted average grant date fair value (in dollars per share)		$ 4.22	$ 4.2	$ 4.16
Balance (in shares)		2,144	2,174	2,222
Options outstanding, weighted average exercise price (in dollars per share)		$ 9.04	$ 9.02	$ 9
Exercisable (in shares)	1,921
Exercisable, weighted average exercise price (in dollars per share)	$ 9.17
Exercisable, weighted average grant date fair value (in dollars per share)	$ 4.26
Exercisable, weighted average contractual life (Year)	6 years
Exercisable, options outstanding, aggregate intrinsic valueo	$ 34,732,000

Note 5 - Property and Equipme_3

Note 5 - Property and Equipment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Depreciation	$ 77,000	$ 62,400	$ 53,200
Gain (Loss) on Disposition of Property Plant Equipment	(1,630)	12,585	40,322
Finance Lease, Right-of-Use Asset, before Accumulated Amortization	6,000	7,600
Finance Lease, Right-of-Use Asset, Accumulated Amortization	1,400	1,200
Finance Lease, Right-of-Use Asset, Amortization	$ 491	$ 689	$ 2,314
Revenue Equipment [Member] | Minimum [Member]
Capital Leases of Lessee, Term of Contract (Month)	48 months
Revenue Equipment [Member] | Maximum [Member]
Capital Leases of Lessee, Term of Contract (Month)	84 months

Note 5 - Property and Equipme_4

Note 5 - Property and Equipment - Property and Equipment, at Cost (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Property, plant, and equipment, gross	$ 729,404	$ 692,532
Revenue Equipment [Member]
Property, plant, and equipment, gross	575,726	538,617
Office Equipment [Member]
Property, plant, and equipment, gross	6,721	5,847
Land and Land Improvements [Member]
Property, plant, and equipment, gross	12,407	11,747
Building and Building Improvements [Member]
Property, plant, and equipment, gross	97,636	104,358
Construction in Progress [Member]
Property, plant, and equipment, gross	6,404	2,968
Property, Plant and Equipment, Other Types [Member]
Property, plant, and equipment, gross	$ 30,510	$ 28,995
Minimum [Member] | Revenue Equipment [Member]
Estimated useful lives (Year)	2 years
Minimum [Member] | Office Equipment [Member]
Estimated useful lives (Year)	5 years
Minimum [Member] | Land and Land Improvements [Member]
Estimated useful lives (Year)	0 years
Minimum [Member] | Building and Building Improvements [Member]
Estimated useful lives (Year)	7 years
Minimum [Member] | Property, Plant and Equipment, Other Types [Member]
Estimated useful lives (Year)	2 years
Maximum [Member] | Revenue Equipment [Member]
Estimated useful lives (Year)	20 years
Maximum [Member] | Office Equipment [Member]
Estimated useful lives (Year)	10 years
Maximum [Member] | Land and Land Improvements [Member]
Estimated useful lives (Year)	15 years
Maximum [Member] | Building and Building Improvements [Member]
Estimated useful lives (Year)	40 years
Maximum [Member] | Property, Plant and Equipment, Other Types [Member]
Estimated useful lives (Year)	10 years

Note 6 - Acquisition of Sims _3

Note 6 - Acquisition of Sims Transport Services, LLC (Details Textual) - USD ($) $ in Thousands		12 Months Ended
	Aug. 18, 2023	Dec. 31, 2024	Dec. 31, 2023
Goodwill		$ 78,941	$ 75,747
Sims Transport Services, LLC [Member]
Business Acquisition, Percentage of Voting Interests Acquired	100%
Business Combination, Consideration Transferred	$ 9,833
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 12,000
Business Combination, Contingent Consideration, Earnout Period (Year)	4 years
Goodwill, Measurement Period Adjustment		1,600
Goodwill	$ 3,469	$ 3,500	$ 5,100
Sims Transport Services, LLC [Member] | Minimum [Member]
Business Combination, Consideration Transferred	9,800
Sims Transport Services, LLC [Member] | Maximum [Member]
Business Combination, Consideration Transferred	$ 20,000

Note 6 - Acquisition of Sims _4

Note 6 - Acquisition of Sims Transport Services, LLC - Allocation of Preliminary Purchase Price (Details) - USD ($) $ in Thousands		12 Months Ended
	Aug. 18, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash paid pursuant to Stock Purchase Agreement		$ 4,556	$ 107,934	$ 38,501
Sims Transport Services, LLC [Member]
Cash paid pursuant to Stock Purchase Agreement	$ 8,573
Cash acquired included in historical book value of Sims' assets and liabilities	(526)
Contingent consideration, Acquisition	1,786
Net purchase price	$ 9,833

Note 6 - Acquisition of Sims _5

Note 6 - Acquisition of Sims Transport Services, LLC - Summary of Preliminary Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Aug. 18, 2023
Goodwill	$ 78,941	$ 75,747
Sims Transport Services, LLC [Member]
Accounts receivable			$ 735
Other intangibles, net			6,090
Total identifiable assets acquired			6,825
Accounts payable			(457)
Accrued expenses			(4)
Total liabilities assumed			(461)
Net identifiable assets acquired			6,364
Goodwill	$ 3,500	$ 5,100	3,469
Net assets acquired			$ 9,833

Note 6 - Acquisition of Sims _6

Note 6 - Acquisition of Sims Transport Services, LLC - Results of Operations From Acquisition Date (Details) - Sims Transport Services, LLC [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Total revenue	$ 10,398	$ 2,924
Net income	$ 884	$ 555

Note 7 - Acquisition of Lew T_3

Note 7 - Acquisition of Lew Thompson & Son Trucking, Inc. (Details Textual) - USD ($) $ in Thousands	Apr. 26, 2023	Dec. 31, 2024	Dec. 31, 2023
Goodwill		$ 78,941	$ 75,747
Lew Thompson & Son Trucking, Inc. [Member]
Business Acquisition, Percentage of Voting Interests Acquired	100%
Business Combination, Consideration Transferred	$ 114,459
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 30,000
Business Combination, Contingent Consideration, Earnout Period (Year)	3 years
Goodwill	$ 17,255	$ 17,300	$ 4,900
Lew Thompson & Son Trucking, Inc. [Member] | Stock Purchase Agreement, Earnout Component [Member]
Business Combination, Contingent Consideration Arrangements, Change in Range of Outcomes, Contingent Consideration, Liability, Value, High	30,000
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low	114,500
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 134,500

Note 7 - Acquisition of Lew T_4

Note 7 - Acquisition of Lew Thompson & Son Trucking, Inc - Allocation of Preliminary Purchase Price (Details) - USD ($) $ in Thousands		12 Months Ended
	Apr. 26, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash paid pursuant to Stock Purchase Agreement		$ 4,556	$ 107,934	$ 38,501
Lew Thompson & Son Trucking, Inc. [Member]
Cash paid pursuant to Stock Purchase Agreement	$ 105,282
Cash acquired included in historical book value of Sims' assets and liabilities	(839)
Contingent consideration, Acquisition	10,016
Net purchase price	$ 114,459

Note 7 - Acquisition of Lew T_5

Note 7 - Acquisition of Lew Thompson & Son Trucking, Inc - Summary of Preliminary Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Apr. 26, 2023
Property and equipment			$ 42,277
Goodwill	$ 78,941	$ 75,747
Lew Thompson & Son Trucking, Inc. [Member]
Accounts receivable			4,848
Driver advances and other receivables			98
Inventory and supplies			1,015
Prepaid expenses			561
Other assets			120
Other intangibles, net			52,870
Total identifiable assets acquired			101,789
Accounts payable			(565)
Accrued expenses			(1,465)
Current portion of operating lease obligations			(396)
Current portion of insurance and claims accrual			(56)
Long-term portion of operating lease obligations			(2,103)
Total liabilities assumed			(4,585)
Net identifiable assets acquired			97,204
Goodwill	$ 17,300	$ 4,900	17,255
Net assets acquired			$ 114,459

Note 7 - Acquisition of Lew T_6

Note 7 - Acquisition of Lew Thompson & Trucking, Inc - Results of Operations From Acquisition Date (Details) - Lew Thompson & Son Trucking, Inc. [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Total revenue	$ 126,288	$ 41,838
Net income	$ 3,337	$ 4,726

Note 7 - Acquisition of Lew T_7

Note 7 - Acquisition of Lew Thompson & Son Trucking, Inc - Pro Forma Consolidated Results of Operations (Details) - Lew Thompson & Son Trucking, Inc. [Member] - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Total revenue	$ 1,131,476
Net income	$ 35,921	$ 57,592	$ 121,943
Basic net income per share (in dollars per share)	$ 1.37	$ 2.21	$ 4.07
Diluted net income per share (in dollars per share)	$ 1.3	$ 2.08	$ 3.93
Lew Thompson & Son Trucking, Inc. [Member]
Total revenue		$ 1,124,492	$ 1,281,504

Note 8 - Acquisition of AAT C_3

Note 8 - Acquisition of AAT Carriers, Inc. (Details Textual) - AAT Carriers Inc [Member] $ in Thousands	Feb. 09, 2022 USD ($)
Business Acquisition, Percentage of Voting Interests Acquired	100%
Business Combination, Consideration Transferred	$ 54,711
Stock Purchase Agreement, Earnout Component	20,000
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	20,000
Maximum [Member]
Purchase Price, Including Earnout	$ 57,000

Note 8 - Acquisition of AAT C_4

Note 8 - Acquisition of AAT Carriers, Inc. - Allocation of Preliminary Purchase Price (Details) - AAT Carriers Inc [Member] $ in Thousands	Feb. 09, 2022 USD ($)
Cash paid pursuant to Stock Purchase Agreement	$ 40,347
Cash acquired included in historical book value of Sims' assets and liabilities	(1,846)
Contingent consideration, Acquisition	16,210
Net purchase price	$ 54,711

Note 8 - Acquisition of AAT C_5

Note 8 - Acquisition of AAT Carriers, Inc. - Summary of Preliminary Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Apr. 26, 2023	Feb. 09, 2022
Net property and equipment			$ 42,277
Goodwill	$ 78,941	$ 75,747
AAT Carriers Inc [Member]
Accounts receivable				$ 842
Prepaid expenses				33
Other short-term assets				19
Net property and equipment				7,994
Other intangibles, net				32,000
Total identifiable assets acquired				40,888
Accounts payable				(19)
Accrued expenses				(1,396)
Finance lease obligations				(458)
Other long-term liabilities				(3)
Total liabilities assumed				(1,876)
Net identifiable assets acquired				39,012
Goodwill				15,699
Net assets acquired				$ 54,711

Note 8 - Acquisition of AAT C_6

Note 8 - Acquisition of AAT Carriers, Inc. - Results of Operations From Acquisition Date (Details) - AAT Carriers Inc [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Total revenue	$ 33,139	$ 37,621	$ 33,061
Net income	$ 5,173	$ 10,679	$ 13,263

Note 9 - Goodwill and Other A_3

Note 9 - Goodwill and Other Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Amortization of Intangible Assets	$ 9,500	$ 7,500	$ 4,300
Finite-Lived Intangible Asset, Useful Life (Year)	142 months	151 months
Goodwill	$ 78,941	$ 75,747
Trade Names [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	98 months	110 months
Trade Names [Member] | Landair Holdings Inc [Member]
Acquired Finite-Lived Intangible Asset, Residual Value	$ 500

Note 9 - Goodwill and Other A_4

Note 9 - Goodwill and Other Assets - Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets, Gross	$ 123,560	$ 123,560
Finite-Lived Intangible Assets, Accumulated Amortization	(33,434)	(23,945)
Finite-Lived Intangible Assets, Net	$ 90,126	$ 99,615
Finite-Lived Intangible Asset, Useful Life (Month)	142 months	151 months
Trade Names [Member]
Finite-Lived Intangible Assets, Gross	$ 6,590	$ 6,590
Finite-Lived Intangible Assets, Accumulated Amortization	(4,274)	(4,045)
Finite-Lived Intangible Assets, Net	$ 2,316	$ 2,545
Finite-Lived Intangible Asset, Useful Life (Month)	98 months	110 months
Trade Names [Member] | Dedicated [Member]
Finite-Lived Intangible Assets, Gross	$ 4,502	$ 4,502
Finite-Lived Intangible Assets, Accumulated Amortization	(2,479)	(2,269)
Finite-Lived Intangible Assets, Net	2,023	2,233
Trade Names [Member] | Managed Freight [Member]
Finite-Lived Intangible Assets, Gross	1,089	1,089
Finite-Lived Intangible Assets, Accumulated Amortization	(910)	(891)
Finite-Lived Intangible Assets, Net	179	198
Trade Names [Member] | Warehousing [Member]
Finite-Lived Intangible Assets, Gross	999	999
Finite-Lived Intangible Assets, Accumulated Amortization	(885)	(885)
Finite-Lived Intangible Assets, Net	114	114
Noncompete Agreements [Member]
Finite-Lived Intangible Assets, Gross	5,050	5,050
Finite-Lived Intangible Assets, Accumulated Amortization	(2,073)	(810)
Finite-Lived Intangible Assets, Net	$ 2,977	$ 4,240
Finite-Lived Intangible Asset, Useful Life (Month)	28 months	40 months
Noncompete Agreements [Member] | Dedicated [Member]
Finite-Lived Intangible Assets, Gross	$ 4,670	$ 4,670
Finite-Lived Intangible Assets, Accumulated Amortization	(1,946)	(778)
Finite-Lived Intangible Assets, Net	2,724	3,892
Noncompete Agreements [Member] | Managed Freight [Member]
Finite-Lived Intangible Assets, Gross	380	380
Finite-Lived Intangible Assets, Accumulated Amortization	(127)	(32)
Finite-Lived Intangible Assets, Net	253	348
Noncompete Agreements [Member] | Warehousing [Member]
Finite-Lived Intangible Assets, Gross		0
Finite-Lived Intangible Assets, Accumulated Amortization		0
Finite-Lived Intangible Assets, Net		0
Customer Relationships [Member]
Finite-Lived Intangible Assets, Gross	79,920	79,920
Finite-Lived Intangible Assets, Accumulated Amortization	(20,865)	(15,001)
Finite-Lived Intangible Assets, Net	$ 59,055	$ 64,919
Finite-Lived Intangible Asset, Useful Life (Month)	149 months	159 months
Customer Relationships [Member] | Dedicated [Member]
Finite-Lived Intangible Assets, Gross	$ 60,172	$ 60,172
Finite-Lived Intangible Assets, Accumulated Amortization	(12,142)	(8,258)
Finite-Lived Intangible Assets, Net	48,030	51,914
Customer Relationships [Member] | Managed Freight [Member]
Finite-Lived Intangible Assets, Gross	7,312	7,312
Finite-Lived Intangible Assets, Accumulated Amortization	(1,987)	(1,043)
Finite-Lived Intangible Assets, Net	5,325	6,269
Customer Relationships [Member] | Warehousing [Member]
Finite-Lived Intangible Assets, Gross	12,436	12,436
Finite-Lived Intangible Assets, Accumulated Amortization	(6,736)	(5,700)
Finite-Lived Intangible Assets, Net	5,700	6,736
Credentialing [Member]
Finite-Lived Intangible Assets, Gross	32,000	32,000
Finite-Lived Intangible Assets, Accumulated Amortization	(6,222)	(4,089)
Finite-Lived Intangible Assets, Net	$ 25,778	27,911
Finite-Lived Intangible Asset, Useful Life (Month)	145 months
Credentialing [Member] | Expedited [Member]
Finite-Lived Intangible Assets, Gross	$ 32,000	32,000
Finite-Lived Intangible Assets, Accumulated Amortization	(6,222)	(4,089)
Finite-Lived Intangible Assets, Net	$ 25,778	$ 27,911
Finite-Lived Intangible Asset, Useful Life (Month)		157 months

Note 9 - Goodwill and Other A_5

Note 9 - Goodwill and Other Assets - Expected Future Amortization (Details) $ in Thousands	Dec. 31, 2024 USD ($)
2025	$ 9,488
2026	9,488
2027	8,678
2028	8,220
2029	8,208
Thereafter	$ 45,544

Note 9 - Goodwill and Other A_6

Note 9 - Goodwill and Other Assets - Schedule of Goodwill (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($)
Balance, Goodwill	$ 75,747
Balance, Goodwill	78,941
Expedited [Member]
Balance, Goodwill	15,699
Post-acquisition goodwill adjustments	0
Balance, Goodwill	15,699
Dedicated [Member]
Balance, Goodwill	27,767
Post-acquisition goodwill adjustments	4,808
Balance, Goodwill	32,575
Managed Freight [Member]
Balance, Goodwill	10,531
Post-acquisition goodwill adjustments	(1,614)
Balance, Goodwill	8,917
Warehousing [Member]
Balance, Goodwill	21,750
Post-acquisition goodwill adjustments	0
Balance, Goodwill	$ 21,750

Note 9 - Goodwill and Other A_7

Note 9 - Goodwill and Other Assets - Summary of Other Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Investment in TEL	$ 77,405	$ 66,327
Other long-term receivables	3,163	4,664
Other assets, net	9,065	7,076
Total other assets, net	$ 89,633	$ 78,067

Note 10 - Debt (Details Textual

Note 10 - Debt (Details Textual) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
	Oct. 23, 2020	Sep. 30, 2022	Dec. 31, 2024	Dec. 31, 2023	Sep. 30, 2020	Aug. 31, 2015
Letters of Credit Outstanding, Amount			$ 19,800	$ 21,800
Interest Rate Swap [Member]
Derivative, Fixed Interest Rate						4.20%
Variable Rate Note [Member]
Debt Instrument, Face Amount						$ 28,000
Lenders [Member]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.25%
Percent of Eligible Accounts Receivable	87.50%
Percent of Appraised Net Orderly Liquidation, Value of Eligible Revenue Equipment	85%
Percent of Net Book Value of Eligible Revenue Equipment	100%
Line of Credit Facility, Availability as Percentage of Revolver Commitment	60%
Line of Credit Facility, Revolver Commitment, Amount	$ 65,000
Long-Term Line of Credit			0
Letters of Credit Outstanding, Amount			19,800
Line of Credit Facility, Remaining Borrowing Capacity			90,200
Fixed Charge Coverage Requirement			0	$ 0
Debt, Secured with a Cross Default Feature			$ 28,600
Lenders [Member] | Federal Funds Rate [Member] | Base Rate Loans [Member]
Debt Instrument, Basis Spread on Variable Rate		0.50%
Lenders [Member] | Applicable Margin [Member] | Base Rate Loans [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.25%
Lenders [Member] | Applicable Margin [Member] | Base Rate Loans [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	0.75%
Lenders [Member] | Applicable Margin [Member] | Secured Overnight Financing Rate (SOFR) Loans [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.25%
Lenders [Member] | Applicable Margin [Member] | Secured Overnight Financing Rate (SOFR) Loans [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate	1.75%
Lenders [Member] | Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 110,000
Line of Credit Facility, Maximum Increase in Borrowing Capacity	75,000
Lenders [Member] | Letter of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	105,000
Line of Credit Facility, Borrowing Capacity, Percentage of Aggregate Commitments	$ 10,000
Lenders [Member] | Swing Line Sub Facility [Member]
Percent of Aggregate Commitments under Credit Facility	10%
TBK Bank [Member] | Draw Note [Member]
Line of Credit Facility, Maximum Borrowing Capacity					$ 45,000

Note 10 - Debt - Current and Lo

Note 10 - Debt - Current and Long-term Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Debt, current	$ 64,210	$ 47,651
Debt, noncurrent	187,085	196,894
Principal portion of finance lease obligations, secured by related revenue equipment, current	751	781
Principal portion of finance lease obligations, secured by related revenue equipment, noncurrent	3,192	5,296
Principal portion of operating lease obligations, secured by related equipment	10,349	11,950
Principal portion of operating lease obligations, secured by related equipment	31,302	30,892
Total debt and lease obligations	75,310	60,382
Total debt and lease obligations	221,579	233,082
Finance Lease Secured by Related Revenue Equipment [Member]
Principal portion of finance lease obligations, secured by related revenue equipment, current	751	781
Principal portion of finance lease obligations, secured by related revenue equipment, noncurrent	3,192	5,296
Draw Note [Member]
Credit facility, current	0	0
Credit facility, noncurrent	0	0
Revenue Equipment Installment Notes [Member]
Debt, current	62,860	46,357
Debt, noncurrent	170,629	167,509
Real Estate Note [Member]
Debt, current	1,350	1,294
Debt, noncurrent	16,456	17,806
Revolving Credit Facility [Member]
Credit facility, current	0	0
Credit facility, noncurrent	$ 0	$ 11,579

Note 10 - Debt - Current and _2

Note 10 - Debt - Current and Long-term Debt (Details) (Parentheticals)	Dec. 31, 2024	Dec. 31, 2023
Revenue Equipment Installment Notes [Member]
Interest rate	5.40%	5.20%
Real Estate Note [Member]
Interest rate	6.30%	7.10%

Note 10 - Debt - Future Debt Pa

Note 10 - Debt - Future Debt Payments (Details) $ in Thousands	Dec. 31, 2024 USD ($)
2025	$ 64,210
2026	53,372
2027	47,596
2028	70,568
2029	4,323
Thereafter	$ 11,226

Note 11 - Leases (Details Textu

Note 11 - Leases (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2024	Dec. 31, 2023
Finance Lease, Right-of-Use Asset, after Accumulated Amortization		$ 4.6	$ 6.4
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible Enumeration]		Property, Plant and Equipment, Net	Property, Plant and Equipment, Net
Leased Office Facility [Member]
Operating Lease, Right-of-Use Asset		$ 40	$ 41.2
Impairment of Long-Lived Assets to be Disposed of	$ 7.5

Note 11 - Leases - Lease Obliga

Note 11 - Leases - Lease Obligations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Amortization of right-of-use assets	$ 491	$ 689	$ 2,314
Interest on lease liabilities	818	510	377
Operating lease cost	14,350	18,296	20,538
Short-term lease cost	4,117	7,514	13,625
Variable lease cost	266	1,024	232
Total lease cost	20,042	28,033	37,086
Operating cash flows from finance leases	818	510	377
Operating cash flows from operating leases	11,222	13,965	17,114
Financing cash flows from finance leases	2,949	5,619	5,516
Right-of-use assets obtained in exchange for new finance lease liabilities	815	5,938	458
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 13,753	$ 3,992	$ 48,515
Weighted-average remaining lease term—finance leases (Year)	4 years 9 months 18 days	3 years 9 months 18 days	5 years 8 months 12 days
Weighted-average remaining lease term—operating leases (Year)	4 years 4 months 24 days	4 years 7 months 6 days	4 years 7 months 6 days
Weighted-average discount rate—finance leases	12.70%	13.20%	5.10%
Weighted-average discount rate—operating leases	8.70%	10.10%	9.10%

Note 11 - Leases - Future Minim

Note 11 - Leases - Future Minimum Lease Payments (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
2025, Operating	$ 13,083
2025, Finance	1,214
2026, Operating	11,560
2026, Finance	1,212
2027, Operating	10,386
2027, Finance	1,212
2028, Operating	5,944
2028, Finance	930
2029, Operating	3,623
2029, Finance	340
Thereafter, Operating	4,562
Thereafter, Finance	527
Total minimum lease payments, Operating	49,158
Total minimum lease payments, Finance	5,435
Less: amount representing interest, Operating	(7,507)
Less: amount representing interest, Finance	(1,492)
Present value of minimum lease payments, Operating	41,651
Present value of minimum lease payments, Finance	3,943
Less: current portion, Operating	(10,349)	$ (11,950)
Less: current portion, Finance	(751)	(781)
Lease obligations, long-term, Operating	31,302
Lease obligations, long-term, Finance	$ 3,192	$ 5,296

Note 11 - Leases - Summary of R

Note 11 - Leases - Summary of Rental Expense (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Total rental expense	$ 18,733	$ 26,834	$ 34,395
Revenue Equipment [Member]
Total rental expense	5,390	12,735	26,478
Land and Building [Member]
Total rental expense	12,816	13,721	7,567
Other Machinery and Equipment [Member]
Total rental expense	$ 527	$ 378	$ 350

Note 12 - Income Taxes (Details

Note 12 - Income Taxes (Details Textual) - USD ($) $ in Thousands		12 Months Ended
	May 11, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent		21%
Deferred Tax Liabilities, Difference in Cumulative Book Value of Depreciation of Property and Equipment		$ 117,700
Liability for Uncertainty in Income Taxes, Current		100	$ 100	$ 400
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued		100	100	100
Unrecognized Tax Benefits that Would Impact Effective Tax Rate		0	100	400
Income Tax Expense (Benefit)		10,576	17,611	34,860
Domestic Tax Jurisdiction [Member]
Operating Loss Carryforwards		46,400
State and Local Jurisdiction [Member]
Operating Loss Carryforwards		99,400
Tax Credit Carryforward, Amount		600
State and Local Jurisdiction [Member] | Tennessee Department of Revenue [Member]
Income Tax Expense (Benefit)	$ 1,200
Transport Financial Services [Member]
Discontinued Operation, Tax Effect of Discontinued Operation		$ 200	$ 200	$ 200

Note 12 - Income Taxes - Compon

Note 12 - Income Taxes - Components of Income Tax Expense (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Federal, current	$ 6,332	$ (1,132)	$ 16,123
Federal, deferred	2,731	16,624	12,774
State, current	2,078	2,575	5,136
State, deferred	(596)	(456)	827
Income tax expense	$ 10,545	$ 17,611	$ 34,860

Note 12 - Income Taxes - Income

Note 12 - Income Taxes - Income Tax Reconciliation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Computed "expected" income tax expense	$ 9,631	$ 15,170	$ 29,986
State income taxes, net of federal income tax effect	1,165	1,674	4,711
Per diem allowances	852	862	0
Tax contingency accruals	0	(287)	(230)
Tax credits	(496)	(329)	(379)
Excess tax benefits on share-based compensation	(975)	(1,811)	(446)
Change in prior year estimates	(398)	8	(145)
Executive compensation disallowance	1,068	2,370	1,778
Other, net	(302)	(46)	(415)
Income tax expense	$ 10,545	$ 17,611	$ 34,860

Note 12 - Income Taxes - Deferr

Note 12 - Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Deferred tax assets:
Insurance and claims	$ 9,943	$ 7,958
Net operating loss carryovers	4,756	14,550
Tax credits	487	347
Leased liability	10,640	10,796
Finance lease obligation	906	1,416
State bonus	3,205	6,760
Accrued bonus	3,146	3,198
Intangibles	1,394	727
Other	3,055	4,195
Total gross deferred tax assets	37,532	49,947
Valuation allowance	(42)	0
Total deferred tax assets, net of valuation allowance	37,490	49,947
Deferred tax liabilities:
Property and equipment	(91,226)	(96,208)
Investment in partnership	(48,447)	(50,613)
ROU Asset- leases	(10,203)	(10,371)
Intangibles	0	(4,088)
Other	(343)	(563)
Prepaid expenses	(4,921)	(4,199)
Total deferred tax liabilities	(155,140)	(166,042)
Net deferred tax liability	$ (117,650)	$ (116,095)

Note 12 - Income Taxes - Unreco

Note 12 - Income Taxes - Unrecognized Tax Benefits Activity (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Balance	$ 105	$ 392	$ 596
Decreases related to lapsing of statute of limitations	(105)	(287)	(204)
Balance	$ 0	$ 105	$ 392

Note 13 - Equity Method Inves_3

Note 13 - Equity Method Investment (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Proceeds from Sale of Property, Plant, and Equipment	$ 50,440	$ 91,824	$ 53,002
Payments to Acquire Property, Plant, and Equipment	152,962	217,607	100,468
Operating Lease, Liability	41,651
Reversal of Deferred Gains of Sale of Property	(40)	(16)	(39)
Income (Loss) from Equity Method Investments	14,713	21,384	25,193
Proceeds from Equity Method Investment, Distribution	3,675	9,800	14,700
Transport Enterprise Leasing LLC [Member]
Revenues	1,100	900	800
Payments to Acquire Property, Plant, and Equipment	600	4,100	0
Payments for Rent	1,800	6,800	6,100
Operating Lease, Liability	10,100	4,100
Reversal of Deferred Gains of Sale of Property	100	$ 100	100
Transport Enterprise Leasing LLC [Member] | Revenue Equipment [Member]
Note Payable Assumed From Sale of Equipment	26,200
Proceeds from Sale of Property, Plant, and Equipment	$ 500
Transport Enterprise Leasing LLC [Member]
Equity Method Investment, Ownership Percentage	49%	49%
Income (Loss) from Equity Method Investments	$ 14,700	$ 21,400	25,200
Proceeds from Equity Method Investment, Distribution	3,700	9,800	14,700
Equity Method Investment, Aggregate Cost			$ 4,900
Transport Enterprise Leasing LLC [Member] | Reduction in TEL Investment [Member]
Deferred Gain on Sale of Property	$ 200	$ 200

Note 13 - Equity Method Inves_4

Note 13 - Equity Method Investment - TEL's Summarized Financial Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Accounts Receivable, after Allowance for Credit Loss	$ 141,600	$ 142,500	$ 119,800
Investment in TEL	77,405	66,327
Current Assets	213,850	185,945
Current Liabilities	181,277	170,291
Transport Enterprise Leasing LLC [Member]
Current Assets	84,677	74,154
Non-current Assets	575,786	518,870
Current Liabilities	131,137	119,620
Non-current Liabilities	378,933	347,121
Total Equity	150,393	126,283
Revenues	150,538	151,207	149,347
Cost of Sales	11,467	14,768	28,815
Operating Expenses	89,575	79,596	60,861
Operating Income	49,496	56,843	59,671
Net Income	31,610	43,107	$ 51,907
Transport Enterprise Leasing LLC [Member] | Driver Advances and Other Receivable [Member]
Accounts Receivable, after Allowance for Credit Loss	0	37
Transport Enterprise Leasing LLC [Member] | Accrued Expenses [Member]
Accounts payable to TEL	275	460
Transport Enterprise Leasing LLC [Member] | Other Assets [Member]
Investment in TEL	$ 77,405	$ 66,327

Note 14 - Employee Benefit Pl_3

Note 14 - Employee Benefit Plans (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Defined Contribution Plan, Cost	$ 2,100	$ 2,200	$ 1,900
Defined Benefit Plan, Accumulated Benefit Obligation	3,541	2,360
Life Insurance, Corporate or Bank Owned, Amount	$ 3,400	$ 2,400

Note 14 - Employee Benefit Pl_4

Note 14 - Employee Benefit Plans - Summary of Accumulated Benefit Obligation (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Defined Benefit Plan, Accumulated Benefit Obligation	$ 3,541	$ 2,360
Aggregate market value	$ 3,370	$ 2,424

Note 16 - Commitments and Con_2

Note 16 - Commitments and Contingencies (Details Textual) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Letters of Credit Outstanding, Amount	$ 19.8	$ 21.8
Line of Credit, Contingent Liability	0.8
Revenue Equipment [Member]
Purchase Commitment, Remaining Minimum Amount Committed	114	$ 121.9
Draw Note [Member] | TBK Bank [Member]
Line of Credit Facility, Remaining Borrowing Capacity	$ 45

Note 17 - Segment Information_2

Note 17 - Segment Information (Details Textual)	12 Months Ended
	Dec. 31, 2024
Number of Asset-based Operating Fleets Aggregated in a Segment	4

Note 17 - Segment Information -

Note 17 - Segment Information - Segment Information (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Total revenues		$ 1,131,476	$ 1,103,573	$ 1,216,858
Salaries, wages, and related expenses		423,319	400,491	402,276
Fuel expense		115,981	133,291	166,410
Operations and maintenance		61,696	63,753	79,051
Revenue equipment rentals and purchased transportation		254,302	271,893	325,624
Operating taxes and licenses		11,954	13,409	11,931
Insurance and claims		59,845	50,099	50,547
Communications and utilities		5,407	5,012	5,385
General supplies and expenses		66,053	49,444	37,762
Gain on disposition of property and equipment, net		1,630	(12,585)	(40,322)
Segment operating expenses		1,086,716	1,044,750	1,096,176
Segment operating income		44,760	58,823	120,682
Cargo and Freight [Member]
Total revenues		1,013,941	970,509	1,046,396
Fuel Surcharge [Member]
Total revenues		117,535	133,064	170,462
Operating Segments [Member]
Total revenues		1,131,476
Segment operating expenses		1,028,798	1,015,858	1,086,526
Segment operating income		102,678	87,715	130,332
Operating Segments [Member] | Cargo and Freight [Member]
Total revenues		1,013,941	970,509	1,046,396
Operating Segments [Member] | Fuel Surcharge [Member]
Total revenues	[1]	117,535	133,064	170,462
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member]
Other operating loss (2)	[2]	(57,918)	(28,892)	(9,650)
Highway Services [Member]
Total revenues			423,820	452,713
Highway Services [Member] | Operating Segments [Member]
Total revenues		416,461
Salaries, wages, and related expenses		136,453	138,897	139,950
Fuel expense		64,661	75,671	88,574
Operations and maintenance		39,651	45,836	46,747
Revenue equipment rentals and purchased transportation		65,594	55,064	52,122
Operating taxes and licenses		1,498	1,679	1,474
Insurance and claims		26,321	25,500	23,069
Communications and utilities		2	65	140
General supplies and expenses		987	1,072	783
Depreciation and amortization		23	2,074	895
Gain on disposition of property and equipment, net		0	(17)	230
Total allocated overhead		35,465	32,969	34,286
Segment operating expenses		370,655	378,810	388,270
Segment operating income		45,806	45,010	64,443
Highway Services [Member] | Operating Segments [Member] | Cargo and Freight [Member]
Total revenues		346,697	343,779	355,360
Highway Services [Member] | Operating Segments [Member] | Fuel Surcharge [Member]
Total revenues	[1]	69,764	80,041	97,353
Dedicated [Member]
Total revenues		364,414	320,287	362,997
Dedicated [Member] | Operating Segments [Member]
Total revenues		364,414
Salaries, wages, and related expenses		141,051	116,383	126,625
Fuel expense		50,063	55,686	76,254
Operations and maintenance		36,983	32,061	37,416
Revenue equipment rentals and purchased transportation		29,890	30,492	45,606
Operating taxes and licenses		1,648	927	564
Insurance and claims		15,882	14,929	20,867
Communications and utilities		459	272	172
General supplies and expenses		2,243	2,173	1,791
Depreciation and amortization		12,238	5,187	22
Gain on disposition of property and equipment, net		(107)	(94)	67
Total allocated overhead		40,750	35,805	30,624
Segment operating expenses		331,100	293,821	340,008
Segment operating income		33,314	26,466	22,989
Dedicated [Member] | Operating Segments [Member] | Cargo and Freight [Member]
Total revenues		317,787	268,465	291,199
Dedicated [Member] | Operating Segments [Member] | Fuel Surcharge [Member]
Total revenues	[1]	46,627	51,822	71,798
Managed Freight [Member]
Total revenues		248,939	258,903	320,985
Managed Freight [Member] | Operating Segments [Member]
Total revenues		248,939
Salaries, wages, and related expenses		9,180	8,534	10,671
Fuel expense		0	0	9
Operations and maintenance		1,421	1,228	207
Revenue equipment rentals and purchased transportation		209,236	221,535	259,177
Operating taxes and licenses		45	45	41
Insurance and claims		913	2,812	1,712
Communications and utilities		40	9	9
General supplies and expenses		3,041	2,282	1,916
Depreciation and amortization		84	388	71
Gain on disposition of property and equipment, net		0	0	35
Total allocated overhead		11,788	11,617	8,564
Segment operating expenses		235,748	248,450	282,412
Segment operating income		13,191	10,453	38,573
Managed Freight [Member] | Operating Segments [Member] | Cargo and Freight [Member]
Total revenues		248,939	258,903	320,985
Managed Freight [Member] | Operating Segments [Member] | Fuel Surcharge [Member]
Total revenues	[1]	0	0	0
Warehousing [Member]
Total revenues			100,563	80,163
Warehousing [Member] | Operating Segments [Member]
Total revenues		101,662
Salaries, wages, and related expenses		46,299	49,495	44,553
Fuel expense		1,473	1,544	1,660
Operations and maintenance		5,419	5,658	3,620
Revenue equipment rentals and purchased transportation		4,864	5,974	4,711
Operating taxes and licenses		2,351	2,107	956
Insurance and claims		792	1,699	865
Communications and utilities		882	927	399
General supplies and expenses		16,816	17,141	10,212
Depreciation and amortization		1,759	765	672
Gain on disposition of property and equipment, net		0	0	19
Total allocated overhead		10,640	9,467	8,169
Segment operating expenses		91,295	94,777	75,836
Segment operating income		10,367	5,786	4,327
Warehousing [Member] | Operating Segments [Member] | Cargo and Freight [Member]
Total revenues		100,518	99,362	78,852
Warehousing [Member] | Operating Segments [Member] | Fuel Surcharge [Member]
Total revenues	[1]	$ 1,144	$ 1,201	$ 1,311
[1]The chief operating decision maker does not receive fuel surcharge revenue and fuel expense individually, but is provided with fuel expense less fuel surcharge revenue (other than the fuel surcharge revenue we reimburse to independent contractors and other third parties which is included in purchased transportation), which we refer to as net fuel expense. The chief operating decision maker uses net fuel expense to measure the effectiveness of our fuel surcharge program.[2]Other operating loss is attributable to unallocated corporate expenses.

Note 18 - Equity (Details Textu

Note 18 - Equity (Details Textual) $ / shares in Units, $ in Thousands, shares in Millions

3 Months Ended

8 Months Ended

11 Months Ended

12 Months Ended

Dec. 31, 2024 $ / shares

Dec. 31, 2024 $ / shares

Sep. 30, 2024 $ / shares

Jun. 30, 2024 $ / shares

Mar. 31, 2024 $ / shares

Dec. 31, 2023 $ / shares

Sep. 30, 2023 $ / shares

Jun. 30, 2023 $ / shares

Mar. 31, 2023 $ / shares

Sep. 30, 2022 $ / shares

Jun. 30, 2022 $ / shares

Mar. 31, 2022 $ / shares

Jan. 30, 2023 USD ($) shares

Apr. 30, 2023 shares

Dec. 31, 2023 USD ($) $ / shares

Dec. 31, 2022 USD ($)

May 18, 2022 USD ($)

Treasury Stock, Value, Acquired, Cost Method | $

$ 25,430

$ 84,723

O 2022 Q1 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.03125

O 2022 Q2 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.03125

O 2022 Q3 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.04

O 2023 Q1 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.055

O 2023 Q2 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.055

O 2023 Q3 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.055

O 2023 Q4 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.055

O 2024 Q1 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.055

O 2024 Q2 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.055

O 2024 Q3 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.055

O 2024 Q4 Dividends [Member]

Common Stock, Dividends, Per Share, Declared (in dollars per share)

$ 0.055

Share Repurchase Program Authorized May 18, 2022 [Member]

Stock Repurchase Program, Authorized Amount | $

$ 55,000

$ 75,000

Treasury Stock, Shares, Acquired (in shares) | shares

4.1

5.4

Treasury Stock, Value, Acquired, Cost Method | $

$ 57,500

Stock Repurchase Program, Additional Authorized Amount | $

37,500

Stock Repurchase Program, Remaining Authorized Repurchase Amount | $

$ 17,500

Common Class A [Member]

Common Stock, Par or Stated Value Per Share (in dollars per share)

$ 0.01

0.01

0.01

$ 0.01

Common Class B [Member]

Common Stock, Par or Stated Value Per Share (in dollars per share)

$ 0.01

$ 0.01

$ 0.01

$ 0.01

Forward Stock Split [Member] | Common Class A [Member]

Stockholders' Equity Note, Stock Split, Conversion Ratio

2

Forward Stock Split [Member] | Common Class B [Member]

Stockholders' Equity Note, Stock Split, Conversion Ratio

2

Note 19 - Subsequent Events (De

Note 19 - Subsequent Events (Details Textual)	Feb. 10, 2025 $ / shares
O 2025 Q1 Dividends [Member] | Subsequent Event [Member]
Common Stock, Dividends, Per Share, Declared (in dollars per share)	$ 0.07