Cover - shares	6 Months Ended
Cover - shares	Jun. 30, 2023	Aug. 02, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	000-23189
Entity Registrant Name	C.H. ROBINSON WORLDWIDE, INC.
Entity Central Index Key	0001043277
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	41-1883630
Entity Address, Address Line One	14701 Charlson Road
Entity Address, City or Town	Eden Prairie
Entity Address, State or Province	MN
Entity Address, Postal Zip Code	55347
City Area Code	952
Local Phone Number	937-8500
Title of 12(b) Security	Common Stock, $0.10 par value
Trading Symbol	CHRW
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		116,431,364

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 210,155	$ 217,482
Receivables, net of allowance for credit loss of $14,461 and $28,749	2,505,130	2,991,753
Contract assets, net of allowance for credit loss	188,207	257,597
Prepaid expenses and other	147,993	122,406
Total current assets	3,051,485	3,589,238
Property and equipment, net of accumulated depreciation and amortization	159,222	159,432
Goodwill	1,469,407	1,470,813
Other intangible assets, net of accumulated amortization	52,591	64,026
Right-of-use lease assets	343,734	372,141
Deferred tax assets	201,858	181,602
Other assets	126,964	117,312
Total assets	5,405,261	5,954,564
Current liabilities:
Accounts payable	1,358,619	1,466,998
Outstanding checks	90,969	103,561
Accrued expenses:
Compensation	112,421	242,605
Transportation expense	142,568	199,092
Income taxes	9,763	15,210
Other accrued liabilities	159,065	168,009
Current lease liabilities	72,223	73,722
Current portion of debt	815,863	1,053,655
Total current liabilities	2,761,491	3,322,852
Long-term debt	920,495	920,049
Noncurrent lease liabilities	288,960	313,742
Noncurrent income taxes payable	28,104	28,317
Deferred tax liabilities	15,099	14,256
Other long-term liabilities	3,005	1,926
Total liabilities	4,017,154	4,601,142
Stockholders’ investment:
Preferred stock, $0.10 par value, 20,000 shares authorized; no shares issued or outstanding	0	0
Common stock, $0.10 par value, 480,000 shares authorized; 179,204 and 179,204 shares issued, 116,335 and 116,323 outstanding	11,633	11,632
Additional paid-in capital	734,244	743,288
Retained earnings	5,655,489	5,590,440
Accumulated other comprehensive loss	(92,919)	(88,860)
Treasury stock at cost (62,869 and 62,881 shares)	(4,920,340)	(4,903,078)
Total stockholders’ investment	1,388,107	1,353,422
Total liabilities and stockholders’ investment	$ 5,405,261	$ 5,954,564

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Receivable, allowance for credit loss	$ 14,461	$ 28,749
Preferred stock, par value (in dollars per share)	$ 0.10	$ 0.10
Preferred stock, authorized (shares)	20,000,000	20,000,000
Preferred stock, issued (shares)	0	0
Preferred stock, outstanding (shares)	0	0
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, authorized (shares)	480,000,000	480,000,000
Common stock, issued (shares)	179,204,000	179,204,000
Common stock, outstanding (shares)	116,335,000	116,323,000
Treasury stock (shares)	62,869,000	62,881,000

Condensed Consolidated Statements of Operations and Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Revenues:
Total revenues	$ 4,421,856	$ 6,798,475	$ 9,033,526	$ 13,614,428
Costs and expenses:
Personnel expenses	377,277	444,764	760,383	858,125
Other selling, general, and administrative expenses	155,596	117,184	297,097	264,545
Total costs and expenses	4,289,233	6,328,810	8,739,870	12,799,289
Income from operations	132,623	469,665	293,656	815,139
Interest and other income/expense, net	(18,259)	(27,395)	(46,524)	(41,569)
Income before provision for income taxes	114,364	442,270	247,132	773,570
Provision for income taxes	17,048	94,085	34,925	155,037
Net income	97,316	348,185	212,207	618,533
Other comprehensive loss	(6,536)	(33,596)	(4,059)	(26,726)
Comprehensive income	$ 90,780	$ 314,589	$ 208,148	$ 591,807
Basic net income per share (in dollars per share)	$ 0.82	$ 2.71	$ 1.79	$ 4.78
Diluted net income per share (in dollars per share)	$ 0.81	$ 2.67	$ 1.77	$ 4.71
Basic weighted average shares outstanding (shares)	118,500	128,405	118,567	129,447
Dilutive effect of outstanding stock awards (shares)	1,307	1,933	1,253	1,771
Diluted weighted average shares outstanding (shares)	119,807	130,338	119,820	131,218
Transportation
Revenues:
Total revenues	$ 4,084,827	$ 6,465,642	$ 8,412,792	$ 12,993,993
Costs and expenses:
Purchased products and services	3,453,560	5,466,874	7,124,591	11,117,098
Sourcing
Revenues:
Total revenues	337,029	332,833	620,734	620,435
Costs and expenses:
Purchased products and services	$ 302,800	$ 299,988	$ 557,799	$ 559,521

Condensed Consolidated Statements of Stockholders' Investment - USD ($) shares in Thousands, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)		116,323			116,323
Beginning balance	$ 1,381,388	$ 1,353,422	$ 2,095,502	$ 2,021,934	$ 1,353,422	$ 2,021,934
Net income	97,316	114,891	348,185	270,348	$ 212,207	618,533
Foreign currency adjustments	(6,536)	2,477	(33,596)	6,870
Dividends declared	(73,577)	(73,581)	(71,506)	(72,542)
Stock issued for employee benefit plans	15,206	(375)	20,886	8,904
Stock-based compensation expense	6,035	15,607	27,929	24,606
Repurchase of common stock	$ (31,725)	(31,053)	(334,985)	(164,618)
Ending balance (in shares)	116,335				116,335
Ending balance	$ 1,388,107	$ 1,381,388	$ 2,052,415	$ 2,095,502	$ 1,388,107	$ 2,052,415
Dividends declared, per share (in dollars per share)	$ 0.61	$ 0.61	$ 0.55	$ 0.55
Common Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance (in shares)	116,437	116,323	128,011	129,186	116,323	129,186
Beginning balance	$ 11,644	$ 11,632	$ 12,801	$ 12,919	$ 11,632	$ 12,919
Stock issued for employee benefit plans (in shares)	228	430	316	418
Stock issued for employee benefit plans	$ 22	$ 44	$ 31	$ 42
Stock-based compensation expense (in shares)	0	0	0	0
Stock-based compensation expense	$ 0	$ 0	$ 0	$ 0
Repurchase of common stock (in shares)	(330)	(316)	(3,211)	(1,593)
Repurchase of common stock	$ (33)	$ (32)	$ (320)	$ (160)
Ending balance (in shares)	116,335	116,437	125,116	128,011	116,335	125,116
Ending balance	$ 11,633	$ 11,644	$ 12,512	$ 12,801	$ 11,633	$ 12,512
Additional Paid-in Capital
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	730,363	743,288	680,857	673,628	743,288	673,628
Stock issued for employee benefit plans	(2,154)	(28,532)	377	(17,377)
Stock-based compensation expense	6,035	15,607	27,929	24,606
Ending balance	734,244	730,363	709,163	680,857	734,244	709,163
Retained Earnings
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	5,631,750	5,590,440	5,134,667	4,936,861	5,590,440	4,936,861
Net income	97,316	114,891	348,185	270,348
Dividends declared	(73,577)	(73,581)	(71,506)	(72,542)
Ending balance	5,655,489	5,631,750	5,411,346	5,134,667	5,655,489	5,411,346
Accumulated Other Comprehensive Loss
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(86,383)	(88,860)	(54,264)	(61,134)	(88,860)	(61,134)
Foreign currency adjustments	(6,536)	2,477	(33,596)	6,870
Ending balance	(92,919)	(86,383)	(87,860)	(54,264)	(92,919)	(87,860)
Treasury Stock
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	(4,905,986)	(4,903,078)	(3,678,559)	(3,540,340)	(4,903,078)	(3,540,340)
Stock issued for employee benefit plans	17,338	28,113	20,478	26,239
Stock-based compensation expense	0	0	0	0
Repurchase of common stock	(31,692)	(31,021)	(334,665)	(164,458)
Ending balance	$ (4,920,340)	$ (4,905,986)	$ (3,992,746)	$ (3,678,559)	$ (4,920,340)	$ (3,992,746)

Condensed Consolidated Statements of Stockholders' Investment (Parenthetical) - $ / shares	3 Months Ended
	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022
Statement of Stockholders' Equity [Abstract]
Dividends declared, per share (in dollars per share)	$ 0.61	$ 0.61	$ 0.55	$ 0.55

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
OPERATING ACTIVITIES
Net income	$ 212,207	$ 618,533
Adjustments to reconcile net income to net cash used for operating activities:
Depreciation and amortization	50,355	45,748
Provision for credit losses	(8,397)	(2,142)
Stock-based compensation	21,642	52,535
Deferred income taxes	(21,825)	(5,844)
Excess tax benefit on stock-based compensation	(8,645)	(7,553)
Other operating activities	3,080	(26,356)
Changes in operating elements, net of acquisitions:
Receivables	501,210	(378,641)
Contract assets	69,662	(65,362)
Prepaid expenses and other	(23,834)	(14,170)
Accounts payable and outstanding checks	(125,090)	37,207
Accrued compensation	(130,197)	(9,673)
Accrued transportation expense	(56,524)	62,506
Accrued income taxes	3,308	(54,964)
Other accrued liabilities	(9,611)	1,391
Other assets and liabilities	2,035	(1,886)
Net cash provided by operating activities	479,376	251,329
INVESTING ACTIVITIES
Purchases of property and equipment	(21,679)	(36,781)
Purchases and development of software	(29,622)	(32,622)
Proceeds from sale of property and equipment	0	63,208
Net cash used for investing activities	(51,301)	(6,195)
FINANCING ACTIVITIES
Proceeds from stock issued for employee benefit plans	36,684	53,574
Stock tendered for payment of withholding taxes	(21,853)	(23,784)
Repurchase of common stock	(62,754)	(490,699)
Cash dividends	(146,195)	(145,268)
Proceeds from long-term borrowings	0	200,000
Proceeds from short-term borrowings	1,861,750	2,735,000
Payments on short-term borrowings	(2,099,750)	(2,586,000)
Net cash used for financing activities	(432,118)	(257,177)
Effect of exchange rates on cash and cash equivalents	(3,284)	(6,445)
Net change in cash and cash equivalents	(7,327)	(18,488)
Cash and cash equivalents, beginning of period	217,482	257,413
Cash and cash equivalents, end of period	$ 210,155	$ 238,925

BASIS OF PRESENTATION	6 Months Ended
BASIS OF PRESENTATION	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION C.H. Robinson Worldwide, Inc. and our subsidiaries (“the company,” “we,” “us,” or “our”) are a global provider of transportation services and logistics solutions operating through a network of offices located in North America, Europe, Asia, Oceania, South America, and the Middle East. The consolidated financial statements include the accounts of C.H. Robinson Worldwide, Inc. and our majority owned and controlled subsidiaries. Our minority interests in subsidiaries are not significant. All intercompany transactions and balances have been eliminated in the consolidated financial statements. Our reportable segments are North American Surface Transportation (“NAST”) and Global Forwarding, with all other segments included in All Other and Corporate. The All Other and Corporate reportable segment includes Robinson Fresh, Managed Services, Other Surface Transportation outside of North America, and other miscellaneous revenues and unallocated corporate expenses. For financial information concerning our reportable segments, refer to Note 8, Segment Reporting. The condensed consolidated financial statements, which are unaudited, have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In our opinion, these financial statements include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of the financial statements for the interim periods presented. Interim results are not necessarily indicative of results for a full year. Consistent with SEC rules and regulations, we have condensed or omitted certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States. You should read the condensed consolidated financial statements and related notes in conjunction with the consolidated financial statements and notes in our Annual Report on Form 10-K for the year ended December 31, 2022. RECENTLY ISSUED ACCOUNTING STANDARDS For the six months ended June 30, 2023, there were no recently issued or newly adopted accounting pronouncements that had, or are expected to have, a material impact to our consolidated financial statements. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Note 1 of the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2022 includes a summary of the significant accounting policies and methods used in the preparation of our consolidated financial statements.

GOODWILL AND OTHER INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

GOODWILL AND OTHER INTANGIBLE ASSETS

The change in carrying amount of goodwill is as follows (in thousands):


	NAST		Global Forwarding		All Other and Corporate		Total
Balance, December 31, 2022	$	1,188,076	$	206,189	$	76,548	$	1,470,813

Foreign currency translation	(1,853)		224		223		(1,406)
Balance, June 30, 2023	$	1,186,223	$	206,413	$	76,771	$	1,469,407

Goodwill is tested at least annually for impairment on November 30, or more frequently if events or changes in circumstances indicate that the asset might be impaired. We first perform a qualitative assessment to determine whether it is more likely than not that the fair value of our reporting units is less than their respective carrying value (“Step Zero Analysis”). If the Step Zero Analysis indicates it is more likely than not that the fair value of our reporting units is less than their respective carrying value, an additional impairment assessment is performed (“Step One Analysis”). As part of our Step Zero Analysis, we determined that more likely than not criteria had not been met, and therefore a Step One Analysis was not required as of June 30, 2023.

Identifiable intangible assets consisted of the following (in thousands):


	June 30, 2023						December 31, 2022
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Finite-lived intangibles
Customer relationships	$	161,078	$	(117,087)	$	43,991	$	162,358	$	(106,932)	$	55,426


Indefinite-lived intangibles
Trademarks	8,600		—		8,600		8,600		—		8,600
Total intangibles	$	169,678	$	(117,087)	$	52,591	$	170,958	$	(106,932)	$	64,026

Amortization expense for other intangible assets is as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Amortization expense	$	5,773	$	5,957	$	11,588	$	11,991

Finite-lived intangible assets, by reportable segment, as of June 30, 2023, will be amortized over their remaining lives as follows (in thousands):


	NAST		Global Forwarding		All Other and Corporate		Total
Remainder of 2023	$	4,042	$	4,482	$	547	$	9,071
2024	8,008		3,552		1,094		12,654
2025	7,857		2,314		1,094		11,265
2026	7,857		377		748		8,982
2027	1,310		—		501		1,811
Thereafter	—		—		208		208
Total							$	43,991

FAIR VALUE MEASUREMENT	6 Months Ended
FAIR VALUE MEASUREMENT	Jun. 30, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENT	FAIR VALUE MEASUREMENT Accounting guidance on fair value measurements for certain financial assets and liabilities requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories: •Level 1 — Quoted market prices in active markets for identical assets or liabilities. •Level 2 — Observable market-based inputs or unobservable inputs that are corroborated by market data. •Level 3 — Unobservable inputs reflecting the reporting entity’s own assumptions or external inputs from inactive markets. A financial asset or liability’s classification within the hierarchy is determined based on the lowest level of input that is significant to the fair value measurement. We had no Level 3 assets or liabilities as of and during the periods ended June 30, 2023 and December 31, 2022. There were no transfers between levels during the period.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

FINANCING ARRANGEMENTS

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

FINANCING ARRANGEMENTS

The components of our short-term and long-term debt and the associated interest rates were as follows (dollars in thousands):


	Average interest rate as of					Carrying value as of
	June 30, 2023		December 31, 2022		Maturity	June 30, 2023		December 31, 2022
Revolving credit facility	6.22	%	—	%	November 2027	$	141,000	$	—
364-day revolving credit facility	—	%	5.12	%	May 2023	—		379,000
Senior Notes, Series A	3.97	%	3.97	%	August 2023	175,000		175,000
Senior Notes, Series B	4.26	%	4.26	%	August 2028	150,000		150,000
Senior Notes, Series C	4.60	%	4.60	%	August 2033	175,000		175,000
Receivables Securitization Facility (1)	5.87	%	5.01	%	November 2023	499,863		499,655
Senior Notes (1)	4.20	%	4.20	%	April 2028	595,495		595,049
Total debt						1,736,358		1,973,704
Less: Current maturities and short-term borrowing						(815,863)		(1,053,655)
Long-term debt						$	920,495	$	920,049

____________________________________________

(1) Net of unamortized discounts and issuance costs.

SENIOR UNSECURED REVOLVING CREDIT FACILITY

We have a senior unsecured revolving credit facility (the “Credit Agreement”) with a total availability of $1 billion and a maturity date of November 19, 2027. Borrowings under the Credit Agreement generally bear interest at a variable rate determined by a pricing schedule or the base rate (which is the highest of (a) the administrative agent's prime rate, (b) the federal funds rate plus 0.50 percent, or (c) the sum of one-month SOFR plus a specified margin). As of June 30, 2023, the variable rate equaled SOFR and a Credit Spread Adjustment of 0.10 percent plus 1.0 percent. In addition, there is a commitment fee on the average daily undrawn stated amount under the facility ranging from 0.07 percent to 0.15 percent. The recorded amount of borrowings outstanding, if any, approximates fair value because of the short maturity period of the debt; therefore, we consider these borrowings to be a Level 2 financial liability.

The Credit Agreement contains various restrictions and covenants that require us to maintain certain financial ratios, including a maximum leverage ratio of 3.75 to 1.00. The Credit Agreement also contains customary events of default.

364-DAY UNSECURED REVOLVING CREDIT FACILITY

On May 6, 2022, we entered into an unsecured revolving credit facility (the “364-day Credit Agreement”) with a total availability of $500 million and a maturity date of May 5, 2023. The interest rate on borrowings under the 364-day Credit Agreement was based an alternate base rate plus a margin or a term SOFR-based rate plus a margin. There was also a commitment fee on the aggregate unused commitments under the facility. The facility expired on May 5, 2023, and it was not renewed.

NOTE PURCHASE AGREEMENT

On August 23, 2013, we entered into a Note Purchase Agreement with certain institutional investors (the “Purchasers”). On August 27, 2013, the Purchasers purchased an aggregate principal amount of $500 million of our Senior Notes Series A, Senior Notes Series B, and Senior Notes Series C (collectively, the “Notes”). Interest on the Notes is payable semi-annually in arrears. The fair value of the Notes approximated $472.4 million on June 30, 2023. We estimate the fair value of the Notes primarily using an expected present value technique, which is based on observable market inputs using interest rates currently available to companies of similar credit standing for similar terms and remaining maturities and considering our own risk. If the Notes were recorded at fair value, they would be classified as Level 2. Series A matures in August 2023 and is classified as current portion of debt in our Condensed Consolidated Balance Sheets as of June 30, 2023.

The Note Purchase Agreement contains various restrictions and covenants that require us to maintain certain financial ratios, including a maximum leverage ratio of 3.50 to 1.00, a minimum interest coverage ratio of 2.00 to 1.00, and a maximum consolidated priority debt to consolidated total asset ratio of 10 percent.

The Note Purchase Agreement provides for customary events of default. The occurrence of an event of default would permit certain Purchasers to declare certain Notes then outstanding to be immediately due and payable. Under the terms of the Note Purchase Agreement, the Notes are redeemable, in whole or in part, at 100 percent of the principal amount being redeemed together with a “make-whole amount” (as defined in the Note Purchase Agreement), and accrued and unpaid interest with respect to each Note. The obligations of the company under the Note Purchase Agreement and the Notes are guaranteed by C.H. Robinson Company, a Delaware corporation and a wholly-owned subsidiary of the company, and by C.H. Robinson Company, Inc., a Minnesota corporation and an indirect wholly-owned subsidiary of the company. On November 21, 2022, we executed a third amendment to the Note Purchase Agreement to, among other things, facilitate the terms of the Credit Agreement.

U.S. TRADE ACCOUNTS RECEIVABLE SECURITIZATION

On November 19, 2021, we entered into a receivables purchase agreement and related transaction documents with Bank of America, N.A. and Wells Fargo Bank, N.A. to provide a receivables securitization facility (the “Receivables Securitization Facility”). The Receivables Securitization Facility is based on the securitization of our U.S. trade accounts receivable with a total availability of $500 million as of June 30, 2023. The interest rate on borrowings under the Receivables Securitization Facility is based on Bloomberg Short Term Bank Yield Index (“BSBY”) plus a margin. There is also a commitment fee we are required to pay on any unused portion of the facility. The Receivables Securitization Facility expires on November 17, 2023, unless extended by the parties. The recorded amount of borrowings outstanding on the Receivables Securitization Facility approximates fair value because it can be redeemed on short notice and the interest rate floats. We consider these borrowings to be a Level 2 financial liability. Borrowings on the Receivables Securitization Facility are included within proceeds on current borrowings on the consolidated statement of cash flows.

The Receivables Securitization Facility contains various customary affirmative and negative covenants, and it also contains customary default and termination provisions, which provide for acceleration of amounts owed under the Receivables Securitization Facility upon the occurrence of certain specified events.

On February 1, 2022, we amended the Receivables Securitization Facility primarily to increase the total availability from $300 million to $500 million pursuant to the provisions of the existing agreement. On July 7, 2022, we amended the Receivables Securitization Facility to effectively increase the receivables pool available with respect to the Receivables Securitization Facility.

SENIOR NOTES

On April 9, 2018, we issued senior unsecured notes (“Senior Notes”) through a public offering. The Senior Notes bear an annual interest rate of 4.20 percent payable semi-annually on April 15 and October 15, until maturity on April 15, 2028. Taking into effect the amortization of the original issue discount and all underwriting and issuance expenses, the Senior Notes have an effective yield to maturity of approximately 4.39 percent per annum. The fair value of the Senior Notes, excluding debt discounts and issuance costs, approximated $575.9 million as of June 30, 2023, based primarily on the market prices quoted from external sources. The carrying value of the Senior Notes was $595.5 million as of June 30, 2023.

We may redeem the Senior Notes, in whole or in part, at any time and from time to time prior to their maturity at the applicable redemption prices described in the Senior Notes. Upon the occurrence of a “change of control triggering event” as defined in the Senior Notes (generally, a change of control of us accompanied by a reduction in the credit rating for the Senior Notes), we will generally be required to make an offer to repurchase the Senior Notes from holders at 101 percent of their principal amount plus accrued and unpaid interest to the date of repurchase.

The Senior Notes were issued under an indenture that contains covenants imposing certain limitations on our ability to incur liens or enter into sale and leaseback transactions above certain limits; and consolidate, or merge or transfer substantially all of our assets and those of our subsidiaries on a consolidated basis. It also provides for customary events of default (subject in certain cases to customary grace and cure periods), which include, among other things nonpayment, breach of covenants in the indenture, and certain events of bankruptcy and insolvency. If an event of default occurs and is continuing with respect to the Senior Notes, the trustee or holders of at least 25 percent in principal amount outstanding of the Senior Notes may declare the principal and the accrued and unpaid interest, if any, on all of the outstanding Senior Notes to be due and payable. These covenants and events of default are subject to a number of important qualifications, limitations, and exceptions that are described in the indenture. The indenture does not contain any financial ratios or specified levels of net worth or liquidity to which we must adhere.

In addition to the above financing agreements, we have a $15 million discretionary line of credit with U.S. Bank of which $9.9 million is currently utilized for standby letters of credit related to insurance collateral as of June 30, 2023. These standby letters of credit are renewed annually and were undrawn as of June 30, 2023.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 470
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 1B
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 235
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+ Details

INCOME TAXES

6 Months Ended

Jun. 30, 2023

Income Tax Disclosure [Abstract]

INCOME TAXES

A reconciliation of the provision for income taxes using the statutory federal income tax rate to our effective income tax rate is as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Federal statutory rate	21.0	%	21.0	%	21.0	%	21.0	%
State income taxes, net of federal benefit	2.4		2.0		2.3		1.7
Share based payment awards	(0.9)		(0.6)		(3.1)		(0.9)
Foreign tax credits	(6.2)		(1.4)		(3.3)		(1.1)
Other U.S. tax credits and incentives	(3.9)		(0.3)		(3.9)		(1.0)
Foreign	0.6		(0.5)		(0.3)		(0.5)
Other	1.9		1.1		1.4		0.8
Effective income tax rate	14.9	%	21.3	%	14.1	%	20.0	%

During the first quarter of 2023, management made the determination that the company is no longer indefinitely reinvested with regard to the unremitted earnings of any foreign subsidiaries although it remains indefinitely reinvested related to other taxable differences that may exist with regard to these subsidiaries. The change resulted in a one-time increase to tax expense of approximately $2.0 million in the six months ended June 30, 2023.

As of June 30, 2023, we have $43.3 million of unrecognized tax benefits and related interest and penalties. It is possible the amount of unrecognized tax benefit could change in the next 12 months as a result of a lapse of the statute of limitations, new information, or settlements with taxing authorities. The total liability for unrecognized tax benefits is expected to decrease by approximately $1.3 million in the next 12 months due to the lapsing of statutes of limitations. With few exceptions, we are no longer subject to audits of U.S. federal, state and local, or non-U.S. income tax returns before 2015. We are currently under a limited Internal Revenue Service audit for the 2015 to 2017 tax years, while the 2018 U.S. Federal statute of limitations is closed.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 946
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+ Details

STOCK AWARD PLANS

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

STOCK AWARD PLANS

Stock-based compensation cost is measured at the grant date based on the value of the award and is recognized as expense as it vests. A summary of our total compensation expense recognized in our condensed consolidated statements of operations and comprehensive income for stock-based compensation is as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Stock options	$	2,242	$	3,263	$	4,460	$	6,482
Stock awards	2,980		23,887		14,992		43,950
Company expense on ESPP discount	813		779		2,190		2,103
Total stock-based compensation expense	$	6,035	$	27,929	$	21,642	$	52,535

On May 5, 2022, our shareholders approved a 2022 Equity Incentive Plan (the “Plan”) and authorized an initial 4,261,884 shares for issuance of awards thereunder. The Plan allows us to grant certain stock awards, including stock options at fair market value, performance-based restricted stock units and shares, and time-based restricted stock units, to our key employees and non-employee directors. Shares subject to awards under the Plan or certain of our prior plans that expire or are canceled without delivery of shares or that are settled in cash generally become available again for issuance under the Plan. There were 3,283,750 shares available for stock awards under the Plan as of June 30, 2023.

Stock Options - We have awarded stock options to certain key employees that vest primarily based on their continued employment. The fair value of these options was established based on the market price on the date of grant calculated using the Black-Scholes option pricing model. Changes in measured stock price volatility and interest rates were the primary reasons for changes in the fair value. These grants are being expensed based on the terms of the awards. As of June 30, 2023, unrecognized compensation expense related to stock options was $8.9 million.

Stock Awards - We have awarded performance-based restricted shares, performance-based restricted stock units (“PSUs”), and time-based restricted stock units. Nearly all of our awards contain restrictions on the awardees’ ability to sell or transfer vested awards for a specified period of time. The fair value of these awards is established based on the market price on the date of grant, discounted for any post-vesting holding restrictions. The discounts on outstanding grants with post-vesting holding restrictions vary from 11 percent to 24 percent and are calculated using the Black-Scholes option pricing model-protective put method. The duration of the restriction period to sell or transfer vested awards, changes in the measured stock price volatility and changes in interest rates are the primary reasons for changes in the discount. These grants are being expensed based on the terms of the awards.

Performance-based Awards

We have awarded performance-based restricted shares through 2020 to certain key employees. These awards vest over a five-year period based on the company’s dilutive earnings per share growth. Beginning in 2021, we have awarded annually PSUs to certain key employees. These PSUs vest over a three-year period based achieving certain dilutive earnings per share, adjusted gross profits, and adjusted operating margin targets. These PSUs contain an upside opportunity of up to 200 percent of target contingent upon obtaining certain targets mentioned above over their respective performance period.

Time-based Awards

We award time-based restricted stock units to certain key employees. Time-based awards granted through 2020 vest over a five-year period. Beginning in 2021, we have granted annually time-based awards that vest over a three-year period. These awards vest primarily based on the passage of time and the employee’s continued employment.

We granted 272,455 PSUs at target and 688,341 time-based restricted stock units in February 2023. The PSUs and time-based restricted stock unit awards had a weighted average grant date fair value of $92.15 and $92.74, respectively, and vest over a three-year period as described above.

We have also awarded restricted stock units to certain key employees and non-employee directors, which are fully vested upon date of grant. These units contain restrictions on the awardees’ ability to sell or transfer vested units for a specified period of time. The fair value of these units is established using the same method discussed above. These awards have been expensed on the date of grant.

As of June 30, 2023, there was unrecognized compensation expense of $242.7 million related to previously granted stock awards assuming maximum achievement is obtained on our PSUs. The amount of future expense to be recognized will be based on the passage of time, and contingent upon obtaining certain targets mentioned above over their respective performance period.

Employee Stock Purchase Plan - Our 1997 Employee Stock Purchase Plan (“ESPP”) allows our employees to contribute up to $10,000 of their annual cash compensation to purchase company stock. The purchase price is determined using the closing price on the last day of each quarter discounted by 15 percent. Shares vest immediately. The following is a summary of the employee stock purchase plan activity (dollars in thousands):


Three Months Ended June 30, 2023
Shares purchased by employees	Aggregate cost to employees		Expense recognized by the company
57,425	$	4,605	$	813

LITIGATION	6 Months Ended
LITIGATION	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
LITIGATION	LITIGATIONWe are not subject to any pending or threatened litigation other than routine litigation arising in the ordinary course of our business operations, including certain contingent auto liability cases. For some legal proceedings, we have accrued an amount that reflects the aggregate liability deemed probable and estimable, but this amount is not material to our condensed consolidated financial position, results of operations, or cash flows. Because of the preliminary nature of many of these proceedings, the difficulty in ascertaining the applicable facts relating to many of these proceedings, the inconsistent treatment of claims made in many of these proceedings, and the difficulty of predicting the settlement value of many of these proceedings, we are often unable to estimate an amount or range of any reasonably possible additional losses. However, based upon our historical experience, the resolution of these proceedings is not expected to have a material effect on our consolidated financial position, results of operations, or cash flows.

- Definition

The entire disclosure for loss and gain contingencies. Describes any existing condition, situation, or set of circumstances involving uncertainty as of the balance sheet date (or prior to issuance of the financial statements) as to a probable or reasonably possible loss incurred by an entity that will ultimately be resolved when one or more future events occur or fail to occur, and typically discloses the amount of loss recorded or a range of possible loss, or an assertion that no reasonable estimate can be made.

+ References + Details

SEGMENT REPORTING

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

SEGMENT REPORTING

Our reportable segments are based on our method of internal reporting, which generally segregates the segments by service line and the primary services they provide to our customers. We identify two reportable segments in addition to All Other and Corporate as summarized below:

•North American Surface Transportation—NAST provides freight transportation services across North America through a network of offices in the United States, Canada, and Mexico. The primary services provided by NAST include truckload and less than truckload (“LTL”) transportation services.

•Global Forwarding—Global Forwarding provides global logistics services through an international network of offices in North America, Europe, Asia, Oceania, South America, and the Middle East and also contracts with independent agents worldwide. The primary services provided by Global Forwarding include ocean freight services, air freight services, and customs brokerage.

•All Other and Corporate—All Other and Corporate includes our Robinson Fresh and Managed Services segments, as well as Other Surface Transportation outside of North America and other miscellaneous revenues and unallocated corporate expenses. Robinson Fresh provides sourcing services including the buying, selling, and marketing of fresh fruits, vegetables, and other perishable items. Managed Services provides Transportation Management Services, or Managed TMS®. Other Surface Transportation revenues are primarily earned by our Europe Surface Transportation segment. Europe Surface Transportation provides transportation and logistics services including truckload and groupage services across Europe.

The internal reporting of segments is defined, based in part, on the reporting and review process used by our chief operating decision maker (“CODM”), our Chief Executive Officer. The accounting policies of our reportable segments are the same as those described in the summary of significant accounting policies located in Note 1 of the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the year ended December 31, 2022. We do not report our intersegment revenues by reportable segment to our CODM and do not believe they are a meaningful metric for evaluating the performance of our reportable segments. Reportable segment information is as follows (dollars in thousands):


	NAST		Global Forwarding		All Other and Corporate		Consolidated
Three Months Ended June 30, 2023
Total revenues	$	3,079,268	$	779,867	$	562,721	$	4,421,856
Income (loss) from operations	117,859		29,647		(14,883)		132,623
Depreciation and amortization	5,856		5,484		14,635		25,975
Total assets(1)	3,106,092		1,149,091		1,150,078		5,405,261
Average employee headcount	6,497		5,225		4,363		16,085

	NAST		Global Forwarding		All Other and Corporate		Consolidated
Three Months Ended June 30, 2022
Total revenues	$	4,147,046	$	2,093,190	$	558,239	$	6,798,475
Income from operations	276,499		167,557		25,609		469,665
Depreciation and amortization	6,123		5,471		11,668		23,262
Total assets(1)	3,688,215		2,851,114		918,110		7,457,439
Average employee headcount	7,552		5,759		4,582		17,893


	NAST		Global Forwarding		All Other and Corporate		Consolidated
Six Months Ended June 30, 2023
Total revenues	$	6,383,455	$	1,569,845	$	1,080,226	$	9,033,526
Income (loss) from operations	251,881		59,763		(17,988)		293,656
Depreciation and amortization	11,507		10,964		27,884		50,355
Total assets(1)	3,106,092		1,149,091		1,150,078		5,405,261
Average employee headcount	6,713		5,356		4,454		16,523

	NAST		Global Forwarding		All Other and Corporate		Consolidated
Six Months Ended June 30, 2022
Total revenues	$	8,261,935	$	4,287,587	$	1,064,906	$	13,614,428
Income from operations	458,853		335,195		21,091		815,139
Depreciation and amortization	12,362		11,026		22,360		45,748
Total assets(1)	3,688,215		2,851,114		918,110		7,457,439
Average employee headcount	7,442		5,690		4,422		17,554

_________________________________________

(1) All cash and cash equivalents are included in All Other and Corporate.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 280
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-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-22

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+ Details

REVENUE FROM CONTRACTS WITH CUSTOMERS

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

REVENUE FROM CONTRACTS WITH CUSTOMERS

A summary of our total revenues disaggregated by major service line and timing of revenue recognition is presented below for each of our reportable segments (in thousands):


	Three Months Ended June 30, 2023
	NAST		Global Forwarding		All Other and Corporate		Total
Major Service Lines
Transportation and logistics services(1)	$	3,079,268	$	779,867	$	225,692	$	4,084,827
Sourcing(2)	—		—		337,029		337,029
Total	$	3,079,268	$	779,867	$	562,721	$	4,421,856

	Three Months Ended June 30, 2022
	NAST		Global Forwarding		All Other and Corporate		Total
Major Service Lines
Transportation and logistics services(1)	$	4,147,046	$	2,093,190	$	225,406	$	6,465,642
Sourcing(2)	—		—		332,833		332,833
Total	$	4,147,046	$	2,093,190	$	558,239	$	6,798,475


	Six Months Ended June 30, 2023
	NAST		Global Forwarding		All Other and Corporate		Total
Major Service Lines
Transportation and logistics services(1)	$	6,383,455	$	1,569,845	$	459,492	$	8,412,792
Sourcing(2)	—		—		620,734		620,734
Total	$	6,383,455	$	1,569,845	$	1,080,226	$	9,033,526

	Six Months Ended June 30, 2022
	NAST		Global Forwarding		All Other and Corporate		Total
Major Service Lines
Transportation and logistics services(1)	$	8,261,935	$	4,287,587	$	444,471	$	12,993,993
Sourcing(2)	—		—		620,435		620,435
Total	$	8,261,935	$	4,287,587	$	1,064,906	$	13,614,428

____________________________________________

(1) Transportation and logistics services performance obligations are completed over time.

(2) Sourcing performance obligations are completed at a point in time.

We typically do not receive consideration and amounts are not due from our customers prior to the completion of our performance obligation and as such contract liabilities, as of June 30, 2023, and revenue recognized in the three and six months ended June 30, 2023 and 2022 resulting from contract liabilities, were not significant. Contract assets and accrued expenses-transportation expense fluctuate from period to period primarily based upon changes in transportation pricing and costs and shipments in-transit at period end and the timing of customer invoicing.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
-Topic 606
-Publisher FASB
-URI https://asc.fasb.org//606/tableOfContent

+ Details

LEASES

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

LEASES

LEASESWe determine if our contractual agreements contain a lease at inception. A lease is identified when a contract allows us the right to control an identified asset for a period of time in exchange for consideration. Our lease agreements consist primarily of operating leases for office space, warehouses, office equipment, trailers, and a small number of intermodal containers. We do not have material financing leases. Frequently, we enter into contractual relationships with a wide variety of transportation companies for freight capacity and utilize those relationships to efficiently and cost-effectively arrange the transport of our customers’ freight. These contracts typically have a term of 12 months or less and do not allow us to direct the use or obtain substantially all of the economic benefits of a specifically identified asset. Accordingly, these agreements are not considered leases.

Our operating leases are included on the consolidated balance sheets as right-of-use lease assets and lease liabilities. A right-of-use lease asset represents our right to use an underlying asset over the term of a lease, while a lease liability represents our obligation to make lease payments arising from the lease. Current and noncurrent lease liabilities are recognized on commencement date at the present value of lease payments, including non-lease components, which consist primarily of common area maintenance and parking charges. Right-of-use lease assets are also recognized on the commencement date as the total lease liability plus prepaid rents. As our leases typically do not provide an implicit rate, we use our fully collateralized incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The incremental borrowing rate is influenced by market interest rates, our credit rating, and lease term and as such, may differ for individual leases.

Our lease agreements typically do not contain variable lease payments, residual value guarantees, purchase options, or restrictive covenants. Many of our leases include the option to renew for a period of months to several years. The term of our leases may include the option to renew when it is reasonably certain that we will exercise that option although these occurrences are seldom. We have lease agreements with lease components (e.g., payments for rent) and non-lease components (e.g., payments for common area maintenance and parking), which are all accounted for as a single lease component.

We do not have material lease agreements that have not yet commenced that are expected to create significant rights or obligations as of June 30, 2023.

Information regarding lease expense, remaining lease term, discount rate, and other select lease information are presented below (dollars in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
Lease Costs	2023		2022		2023		2022
Operating lease expense	$	24,773	$	23,082	$	49,426	$	44,727
Short-term lease expense	1,486		1,137		2,900		3,597
Total lease expense	$	26,259	$	24,219	$	52,326	$	48,324


	Six Months Ended June 30,
Other Lease Information	2023		2022
Operating cash flows from operating leases	$	47,360	$	43,937
Right-of-use lease assets obtained in exchange for new lease liabilities	14,204		87,554


Lease Term and Discount Rate	As of June 30, 2023		As of December 31, 2022
Weighted average remaining lease term (in years)	6.2		6.4
Weighted average discount rate	3.6	%	3.5	%

The maturities of lease liabilities as of June 30, 2023, were as follows (in thousands):


Maturity of Lease Liabilities	Operating Leases
Remaining 2023	$	39,817
2024	82,873
2025	67,812
2026	55,842
2027	44,317
Thereafter	116,071
Total lease payments	406,732
Less: Interest	(45,549)
Present value of lease liabilities	$	361,183

ALLOWANCE FOR CREDIT LOSSES

6 Months Ended

Jun. 30, 2023

Credit Loss [Abstract]

ALLOWANCE FOR CREDIT LOSSES

Our allowance for credit losses is computed using a number of factors including our past credit loss experience and our customers' credit ratings, in addition to other customer-specific factors. We have also considered recent trends and developments related to the current macroeconomic environment in determining our ending allowance for credit losses for both accounts receivable and contract assets. The allowance for credit losses on contract assets was not significant as of June 30, 2023.

A rollforward of our allowance for credit losses on our accounts receivable balance is presented below (in thousands):


Balance, December 31, 2022	$	28,749
Provision	(8,124)
Write-offs	(6,164)
Balance, June 30, 2023	$	14,461

Recoveries of amounts previously written off were not significant for the three and six months ended June 30, 2023.

- Definition

The entire disclosure for credit loss on financial instrument measured at amortized cost basis, net investment in lease, off-balance sheet credit exposure, and available-for-sale debt security.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 310
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+ Details

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS	6 Months Ended
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS	Jun. 30, 2023
Stockholders' Equity Note [Abstract]
CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS	CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS Accumulated other comprehensive loss is included in Stockholders' Investment on our condensed consolidated balance sheets. The recorded balance on June 30, 2023 and December 31, 2022, was $92.9 million and $88.9 million, respectively. The recorded balance on June 30, 2023 and December 31, 2022, is comprised solely of foreign currency adjustments, including foreign currency translation. Other comprehensive loss was $6.5 million for the three months ended June 30, 2023, primarily driven by fluctuations in the Yuan and Singapore Dollar. Other comprehensive loss was $33.6 million for the three months ended June 30, 2022, primarily driven by fluctuations in the Singapore Dollar, Australian Dollar and the Yuan. Other comprehensive loss was $4.1 million for the six months ended June 30, 2023, primarily driven by fluctuations in the Singapore Dollar, Yuan, and Australian Dollar partially offset by the Euro. Other comprehensive loss was $26.7 million for the six months ended June 30, 2022, primarily driven by fluctuations in the Singapore Dollar, Yuan, and Australian Dollar.

Restructuring and Related Activities

6 Months Ended

Jun. 30, 2023

Restructuring and Related Activities [Abstract]

RESTRUCTURING

In 2022, we announced organizational changes to support our enterprise strategy of accelerating our digital transformation and productivity initiatives. We continued to execute upon these digital transformation and productivity initiatives in 2023, which resulted in further restructuring charges to better align our workforce as a result of these initiatives and in consideration of the changing freight transportation market. We recognized additional restructuring charges of $14.1 million in the second quarter of 2023 primarily related to workforce reductions. We expect to complete our restructuring actions by the end of 2023.

For severance and other operating expenses related to restructuring activities, we paid $12.0 million in cash in the second quarter of 2023 with the majority of the remaining $8.7 million accrued as of June 30, 2023 expected to be paid by the end of 2023.

A summary of the restructuring charges recognized is presented below (in thousands):


	Three Months Ended June 30,		Six Months Ended June 30,
	2023		2023
Severance(1)	$	11,681	$	14,819
Other personnel expenses(1)	1,446		1,906
Other selling, general, and administrative expenses(2)	1,005		1,129
Total	$	14,132	$	17,854

________________________________

(1) Amounts are included within personnel expenses in our condensed consolidated statements of operations and comprehensive income.

(2) Amounts are included within other selling, general, and administrative expenses in our condensed consolidated statements of operations and comprehensive income.

The following table summarizes restructuring charges by reportable segment (dollars in thousands):


	Three Months Ended June 30, 2023
	NAST		Global Forwarding		All Other and Corporate		Consolidated
Personnel expenses	$	327	$	691	$	12,109	$	13,127
Other selling, general, and administrative expenses	4		39		962		1,005


	Six Months Ended June 30, 2023
	NAST		Global Forwarding		All Other and Corporate		Consolidated
Personnel expenses	$	1,156	$	2,229	$	13,340	$	16,725
Other selling, general, and administrative expenses	4		163		962		1,129

The following table summarizes activity related to our restructuring initiatives and reserves included in our consolidated balance sheets as of December 31, 2022 and June 30, 2023:


	Accrued Severance and Other Personnel Expenses		Accrued Other Selling, General, and Administrative Expenses		Total
Balance, December 31, 2022	$	18,976	$	—	$	18,976
Restructuring charges	16,725		1,129		17,854
Cash payments	(26,906)		(310)		(27,216)
Settled non-cash	—		(819)		(819)
Accrual adjustments(1)	(122)		—		(122)
Balance, June 30, 2023	$	8,673	$	—	$	8,673

________________________________

(1) Accrual adjustments primarily relate to changes in estimates for certain employee termination costs, including those settling for an amount different than originally estimated and foreign currency adjustments.

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2023	Jun. 30, 2022
Pay vs Performance Disclosure
Net income	$ 97,316	$ 114,891	$ 348,185	$ 270,348	$ 212,207	$ 618,533

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
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-Topic 942
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+ Details

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Jun. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

BASIS OF PRESENTATION (Policies)	6 Months Ended
BASIS OF PRESENTATION (Policies)	Jun. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION C.H. Robinson Worldwide, Inc. and our subsidiaries (“the company,” “we,” “us,” or “our”) are a global provider of transportation services and logistics solutions operating through a network of offices located in North America, Europe, Asia, Oceania, South America, and the Middle East. The consolidated financial statements include the accounts of C.H. Robinson Worldwide, Inc. and our majority owned and controlled subsidiaries. Our minority interests in subsidiaries are not significant. All intercompany transactions and balances have been eliminated in the consolidated financial statements. Our reportable segments are North American Surface Transportation (“NAST”) and Global Forwarding, with all other segments included in All Other and Corporate. The All Other and Corporate reportable segment includes Robinson Fresh, Managed Services, Other Surface Transportation outside of North America, and other miscellaneous revenues and unallocated corporate expenses. For financial information concerning our reportable segments, refer to Note 8, Segment Reporting. The condensed consolidated financial statements, which are unaudited, have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). In our opinion, these financial statements include all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of the financial statements for the interim periods presented. Interim results are not necessarily indicative of results for a full year. Consistent with SEC rules and regulations, we have condensed or omitted certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States. You should read the condensed consolidated financial statements and related notes in conjunction with the consolidated financial statements and notes in our Annual Report on Form 10-K for the year ended December 31, 2022.
RECENTLY ISSUED ACCOUNTING STANDARDS	RECENTLY ISSUED ACCOUNTING STANDARDS For the six months ended June 30, 2023, there were no recently issued or newly adopted accounting pronouncements that had, or are expected to have, a material impact to our consolidated financial statements.
GOODWILL	Goodwill is tested at least annually for impairment on November 30, or more frequently if events or changes in circumstances indicate that the asset might be impaired. We first perform a qualitative assessment to determine whether it is more likely than not that the fair value of our reporting units is less than their respective carrying value (“Step Zero Analysis”). If the Step Zero Analysis indicates it is more likely than not that the fair value of our reporting units is less than their respective carrying value, an additional impairment assessment is performed (“Step One Analysis”). As part of our Step Zero Analysis, we determined that more likely than not criteria had not been met, and therefore a Step One Analysis was not required as of June 30, 2023.
FAIR VALUE MEASUREMENT	FAIR VALUE MEASUREMENT Accounting guidance on fair value measurements for certain financial assets and liabilities requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories: •Level 1 — Quoted market prices in active markets for identical assets or liabilities. •Level 2 — Observable market-based inputs or unobservable inputs that are corroborated by market data. •Level 3 — Unobservable inputs reflecting the reporting entity’s own assumptions or external inputs from inactive markets. A financial asset or liability’s classification within the hierarchy is determined based on the lowest level of input that is significant to the fair value measurement.

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The change in carrying amount of goodwill is as follows (in thousands):


	NAST		Global Forwarding		All Other and Corporate		Total
Balance, December 31, 2022	$	1,188,076	$	206,189	$	76,548	$	1,470,813

Foreign currency translation	(1,853)		224		223		(1,406)
Balance, June 30, 2023	$	1,186,223	$	206,413	$	76,771	$	1,469,407

Schedule of Intangible Assets

Identifiable intangible assets consisted of the following (in thousands):


	June 30, 2023						December 31, 2022
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
Finite-lived intangibles
Customer relationships	$	161,078	$	(117,087)	$	43,991	$	162,358	$	(106,932)	$	55,426


Indefinite-lived intangibles
Trademarks	8,600		—		8,600		8,600		—		8,600
Total intangibles	$	169,678	$	(117,087)	$	52,591	$	170,958	$	(106,932)	$	64,026

Schedule of Amortization Expense

Amortization expense for other intangible assets is as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Amortization expense	$	5,773	$	5,957	$	11,588	$	11,991

Schedule of Future Amortization of Finite-Lived Intangible Assets

Finite-lived intangible assets, by reportable segment, as of June 30, 2023, will be amortized over their remaining lives as follows (in thousands):


	NAST		Global Forwarding		All Other and Corporate		Total
Remainder of 2023	$	4,042	$	4,482	$	547	$	9,071
2024	8,008		3,552		1,094		12,654
2025	7,857		2,314		1,094		11,265
2026	7,857		377		748		8,982
2027	1,310		—		501		1,811
Thereafter	—		—		208		208
Total							$	43,991

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 350
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Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
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Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
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-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482573/350-20-50-2

+ Details

FINANCING ARRANGEMENTS (Tables)

6 Months Ended

Jun. 30, 2023

Debt Disclosure [Abstract]

Components of Short-term and Long-term Debt

The components of our short-term and long-term debt and the associated interest rates were as follows (dollars in thousands):


	Average interest rate as of					Carrying value as of
	June 30, 2023		December 31, 2022		Maturity	June 30, 2023		December 31, 2022
Revolving credit facility	6.22	%	—	%	November 2027	$	141,000	$	—
364-day revolving credit facility	—	%	5.12	%	May 2023	—		379,000
Senior Notes, Series A	3.97	%	3.97	%	August 2023	175,000		175,000
Senior Notes, Series B	4.26	%	4.26	%	August 2028	150,000		150,000
Senior Notes, Series C	4.60	%	4.60	%	August 2033	175,000		175,000
Receivables Securitization Facility (1)	5.87	%	5.01	%	November 2023	499,863		499,655
Senior Notes (1)	4.20	%	4.20	%	April 2028	595,495		595,049
Total debt						1,736,358		1,973,704
Less: Current maturities and short-term borrowing						(815,863)		(1,053,655)
Long-term debt						$	920,495	$	920,049

____________________________________________

(1) Net of unamortized discounts and issuance costs.

INCOME TAXES (Tables)

6 Months Ended

Jun. 30, 2023

Income Tax Disclosure [Abstract]

Schedule of Effective Income Tax Rate Reconciliation

A reconciliation of the provision for income taxes using the statutory federal income tax rate to our effective income tax rate is as follows:


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Federal statutory rate	21.0	%	21.0	%	21.0	%	21.0	%
State income taxes, net of federal benefit	2.4		2.0		2.3		1.7
Share based payment awards	(0.9)		(0.6)		(3.1)		(0.9)
Foreign tax credits	(6.2)		(1.4)		(3.3)		(1.1)
Other U.S. tax credits and incentives	(3.9)		(0.3)		(3.9)		(1.0)
Foreign	0.6		(0.5)		(0.3)		(0.5)
Other	1.9		1.1		1.4		0.8
Effective income tax rate	14.9	%	21.3	%	14.1	%	20.0	%

STOCK AWARD PLANS (Tables)

6 Months Ended

Jun. 30, 2023

Share-Based Payment Arrangement [Abstract]

Schedule of Stock-based Compensation

A summary of our total compensation expense recognized in our condensed consolidated statements of operations and comprehensive income for stock-based compensation is as follows (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Stock options	$	2,242	$	3,263	$	4,460	$	6,482
Stock awards	2,980		23,887		14,992		43,950
Company expense on ESPP discount	813		779		2,190		2,103
Total stock-based compensation expense	$	6,035	$	27,929	$	21,642	$	52,535

Schedule Employee Stock Purchase Plan Activity

The following is a summary of the employee stock purchase plan activity (dollars in thousands):


Three Months Ended June 30, 2023
Shares purchased by employees	Aggregate cost to employees		Expense recognized by the company
57,425	$	4,605	$	813

SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Summary of Segment Information

Reportable segment information is as follows (dollars in thousands):


	NAST		Global Forwarding		All Other and Corporate		Consolidated
Three Months Ended June 30, 2023
Total revenues	$	3,079,268	$	779,867	$	562,721	$	4,421,856
Income (loss) from operations	117,859		29,647		(14,883)		132,623
Depreciation and amortization	5,856		5,484		14,635		25,975
Total assets(1)	3,106,092		1,149,091		1,150,078		5,405,261
Average employee headcount	6,497		5,225		4,363		16,085

	NAST		Global Forwarding		All Other and Corporate		Consolidated
Three Months Ended June 30, 2022
Total revenues	$	4,147,046	$	2,093,190	$	558,239	$	6,798,475
Income from operations	276,499		167,557		25,609		469,665
Depreciation and amortization	6,123		5,471		11,668		23,262
Total assets(1)	3,688,215		2,851,114		918,110		7,457,439
Average employee headcount	7,552		5,759		4,582		17,893


	NAST		Global Forwarding		All Other and Corporate		Consolidated
Six Months Ended June 30, 2023
Total revenues	$	6,383,455	$	1,569,845	$	1,080,226	$	9,033,526
Income (loss) from operations	251,881		59,763		(17,988)		293,656
Depreciation and amortization	11,507		10,964		27,884		50,355
Total assets(1)	3,106,092		1,149,091		1,150,078		5,405,261
Average employee headcount	6,713		5,356		4,454		16,523

	NAST		Global Forwarding		All Other and Corporate		Consolidated
Six Months Ended June 30, 2022
Total revenues	$	8,261,935	$	4,287,587	$	1,064,906	$	13,614,428
Income from operations	458,853		335,195		21,091		815,139
Depreciation and amortization	12,362		11,026		22,360		45,748
Total assets(1)	3,688,215		2,851,114		918,110		7,457,439
Average employee headcount	7,442		5,690		4,422		17,554

_________________________________________

(1) All cash and cash equivalents are included in All Other and Corporate.

REVENUE FROM CONTRACTS WITH CUSTOMERS (Tables)

6 Months Ended

Jun. 30, 2023

Revenue from Contract with Customer [Abstract]

Summary of Total Revenues Disaggregated by Major Service Line and Timing of Revenue Recognition

A summary of our total revenues disaggregated by major service line and timing of revenue recognition is presented below for each of our reportable segments (in thousands):


	Three Months Ended June 30, 2023
	NAST		Global Forwarding		All Other and Corporate		Total
Major Service Lines
Transportation and logistics services(1)	$	3,079,268	$	779,867	$	225,692	$	4,084,827
Sourcing(2)	—		—		337,029		337,029
Total	$	3,079,268	$	779,867	$	562,721	$	4,421,856

	Three Months Ended June 30, 2022
	NAST		Global Forwarding		All Other and Corporate		Total
Major Service Lines
Transportation and logistics services(1)	$	4,147,046	$	2,093,190	$	225,406	$	6,465,642
Sourcing(2)	—		—		332,833		332,833
Total	$	4,147,046	$	2,093,190	$	558,239	$	6,798,475


	Six Months Ended June 30, 2023
	NAST		Global Forwarding		All Other and Corporate		Total
Major Service Lines
Transportation and logistics services(1)	$	6,383,455	$	1,569,845	$	459,492	$	8,412,792
Sourcing(2)	—		—		620,734		620,734
Total	$	6,383,455	$	1,569,845	$	1,080,226	$	9,033,526

	Six Months Ended June 30, 2022
	NAST		Global Forwarding		All Other and Corporate		Total
Major Service Lines
Transportation and logistics services(1)	$	8,261,935	$	4,287,587	$	444,471	$	12,993,993
Sourcing(2)	—		—		620,435		620,435
Total	$	8,261,935	$	4,287,587	$	1,064,906	$	13,614,428

____________________________________________

(1) Transportation and logistics services performance obligations are completed over time.

(2) Sourcing performance obligations are completed at a point in time.

LEASES (Tables)

6 Months Ended

Jun. 30, 2023

Leases [Abstract]

Schedule of Lease Expense, Remaining Lease Terms, Discount Rate and Other Information

Information regarding lease expense, remaining lease term, discount rate, and other select lease information are presented below (dollars in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
Lease Costs	2023		2022		2023		2022
Operating lease expense	$	24,773	$	23,082	$	49,426	$	44,727
Short-term lease expense	1,486		1,137		2,900		3,597
Total lease expense	$	26,259	$	24,219	$	52,326	$	48,324


	Six Months Ended June 30,
Other Lease Information	2023		2022
Operating cash flows from operating leases	$	47,360	$	43,937
Right-of-use lease assets obtained in exchange for new lease liabilities	14,204		87,554


Lease Term and Discount Rate	As of June 30, 2023		As of December 31, 2022
Weighted average remaining lease term (in years)	6.2		6.4
Weighted average discount rate	3.6	%	3.5	%

Schedule of Maturity of Lease Liabilities

The maturities of lease liabilities as of June 30, 2023, were as follows (in thousands):


Maturity of Lease Liabilities	Operating Leases
Remaining 2023	$	39,817
2024	82,873
2025	67,812
2026	55,842
2027	44,317
Thereafter	116,071
Total lease payments	406,732
Less: Interest	(45,549)
Present value of lease liabilities	$	361,183

ALLOWANCE FOR CREDIT LOSSES (Tables)

6 Months Ended

Jun. 30, 2023

Credit Loss [Abstract]

Schedule of Allowance for Credit Loss on Accounts Receivable

A rollforward of our allowance for credit losses on our accounts receivable balance is presented below (in thousands):


Balance, December 31, 2022	$	28,749
Provision	(8,124)
Write-offs	(6,164)
Balance, June 30, 2023	$	14,461

Restructuring and Related Activities (Tables)

6 Months Ended

Jun. 30, 2023

Restructuring and Related Activities [Abstract]

Restructuring and Related Costs

A summary of the restructuring charges recognized is presented below (in thousands):


	Three Months Ended June 30,		Six Months Ended June 30,
	2023		2023
Severance(1)	$	11,681	$	14,819
Other personnel expenses(1)	1,446		1,906
Other selling, general, and administrative expenses(2)	1,005		1,129
Total	$	14,132	$	17,854

________________________________

(1) Amounts are included within personnel expenses in our condensed consolidated statements of operations and comprehensive income.

(2) Amounts are included within other selling, general, and administrative expenses in our condensed consolidated statements of operations and comprehensive income.

The following table summarizes restructuring charges by reportable segment (dollars in thousands):


	Three Months Ended June 30, 2023
	NAST		Global Forwarding		All Other and Corporate		Consolidated
Personnel expenses	$	327	$	691	$	12,109	$	13,127
Other selling, general, and administrative expenses	4		39		962		1,005


	Six Months Ended June 30, 2023
	NAST		Global Forwarding		All Other and Corporate		Consolidated
Personnel expenses	$	1,156	$	2,229	$	13,340	$	16,725
Other selling, general, and administrative expenses	4		163		962		1,129

Schedule of Restructuring Reserve by Type of Cost

The following table summarizes activity related to our restructuring initiatives and reserves included in our consolidated balance sheets as of December 31, 2022 and June 30, 2023:


	Accrued Severance and Other Personnel Expenses		Accrued Other Selling, General, and Administrative Expenses		Total
Balance, December 31, 2022	$	18,976	$	—	$	18,976
Restructuring charges	16,725		1,129		17,854
Cash payments	(26,906)		(310)		(27,216)
Settled non-cash	—		(819)		(819)
Accrual adjustments(1)	(122)		—		(122)
Balance, June 30, 2023	$	8,673	$	—	$	8,673

________________________________

(1) Accrual adjustments primarily relate to changes in estimates for certain employee termination costs, including those settling for an amount different than originally estimated and foreign currency adjustments.

GOODWILL AND OTHER INTANGIBLE ASSETS - Carrying Amount of Goodwill (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2023 USD ($)
Goodwill [Roll Forward]
Balance, beginning of period	$ 1,470,813
Foreign currency translation	(1,406)
Balance, end of period	1,469,407
NAST
Goodwill [Roll Forward]
Balance, beginning of period	1,188,076
Foreign currency translation	(1,853)
Balance, end of period	1,186,223
Global Forwarding
Goodwill [Roll Forward]
Balance, beginning of period	206,189
Foreign currency translation	224
Balance, end of period	206,413
All Other and Corporate
Goodwill [Roll Forward]
Balance, beginning of period	76,548
Foreign currency translation	223
Balance, end of period	$ 76,771

- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

+ References + Details

GOODWILL AND OTHER INTANGIBLE ASSETS - Summary of Intangible Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Finite-lived intangibles
Accumulated Amortization	$ (117,087)	$ (106,932)
Finite-lived intangible assets, net	43,991
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Total intangibles, Cost	169,678	170,958
Total intangibles, Net	52,591	64,026
Trademarks
Indefinite-Lived Intangible Assets [Line Items]
Indefinite-lived intangibles	8,600	8,600
Customer relationships
Finite-lived intangibles
Finite-lived intangibles, Cost	161,078	162,358
Accumulated Amortization	(117,087)	(106,932)
Finite-lived intangible assets, net	$ 43,991	$ 55,426

GOODWILL AND OTHER INTANGIBLE ASSETS - Amortization Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 5,773	$ 5,957	$ 11,588	$ 11,991

GOODWILL AND OTHER INTANGIBLE ASSETS - Amortization Over Remaining Life (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Estimated amortization expense
Remainder of 2023	$ 9,071
2024	12,654
2025	11,265
2026	8,982
2027	1,811
Thereafter	208
Finite-lived intangible assets, net	43,991
NAST
Estimated amortization expense
Remainder of 2023	4,042
2024	8,008
2025	7,857
2026	7,857
2027	1,310
Thereafter	0
Global Forwarding
Estimated amortization expense
Remainder of 2023	4,482
2024	3,552
2025	2,314
2026	377
2027	0
Thereafter	0
All Other and Corporate
Estimated amortization expense
Remainder of 2023	547
2024	1,094
2025	1,094
2026	748
2027	501
Thereafter	$ 208

FAIR VALUE MEASUREMENT (Details) - Level 3 - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Level 3 Fair Value
Assets at fair value	$ 0	$ 0
Liabilities at fair value	$ 0	$ 0

FINANCING ARRANGEMENTS - Components of Short-term and Long-term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Total debt	$ 1,736,358	$ 1,973,704
Less: Current maturities and short-term borrowing	(815,863)	(1,053,655)
Long-term debt	$ 920,495	$ 920,049
Revolving credit facility \| Line of credit
Debt Instrument [Line Items]
Average interest rate (percent)	6.22%	0.00%
Total debt	$ 141,000	$ 0
364 Credit Agreement \| Revolving credit facility \| Line of credit
Debt Instrument [Line Items]
Average interest rate (percent)	0.00%	5.12%
Total debt	$ 0	$ 379,000
Senior Notes, Series A \| Senior notes
Debt Instrument [Line Items]
Average interest rate (percent)	3.97%	3.97%
Total debt	$ 175,000	$ 175,000
Senior Notes, Series B \| Senior notes
Debt Instrument [Line Items]
Average interest rate (percent)	4.26%	4.26%
Total debt	$ 150,000	$ 150,000
Senior Notes, Series C \| Senior notes
Debt Instrument [Line Items]
Average interest rate (percent)	4.60%	4.60%
Total debt	$ 175,000	$ 175,000
Receivables securitization facility \| Secured debt
Debt Instrument [Line Items]
Average interest rate (percent)	5.87%	5.01%
Total debt	$ 499,863	$ 499,655
Senior Notes \| Unsecured debt
Debt Instrument [Line Items]
Average interest rate (percent)	4.20%	4.20%
Total debt	$ 595,495	$ 595,049

FINANCING ARRANGEMENTS - Narrative (Details)	6 Months Ended
FINANCING ARRANGEMENTS - Narrative (Details)	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($)	Feb. 01, 2022 USD ($)	Dec. 31, 2021 USD ($)	Aug. 27, 2013 USD ($)
Debt Instrument [Line Items]
Long-term debt	$ 1,736,358,000	$ 1,973,704,000
Revolving credit facility \| Line of credit
Debt Instrument [Line Items]
Maximum leverage ratio	3.75
Long-term debt	$ 141,000,000	0
US Bank \| Standby letters of credit
Debt Instrument [Line Items]
Current funding	9,900,000
US Bank \| Line of credit
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 15,000,000
Credit Agreement \| Revolving credit facility \| Minimum \| SOFR
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.10%
Credit Agreement \| Revolving credit facility \| Minimum \| Credit Spread Adjustment
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	1.00%
Credit Agreement \| Revolving credit facility \| Line of credit
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 1,000,000,000
Credit Agreement \| Revolving credit facility \| Line of credit \| Federal Funds Rate
Debt Instrument [Line Items]
Basis spread on variable rate (percent)	0.50%
Credit Agreement \| Revolving credit facility \| Line of credit \| Minimum
Debt Instrument [Line Items]
Commitment fee (percent)	0.07%
Credit Agreement \| Revolving credit facility \| Line of credit \| Maximum
Debt Instrument [Line Items]
Commitment fee (percent)	0.15%
364 Credit Agreement \| Revolving credit facility
Debt Instrument [Line Items]
Maximum borrowing capacity	$ 500,000,000
Note Purchase Agreement \| Senior notes
Debt Instrument [Line Items]
Maximum leverage ratio	3.50
Minimum interest coverage ratio	2.00
Debt instrument principal amount					$ 500,000,000
Long-term debt, fair value	$ 472,400,000
Maximum priority debt to total assets ratio (percent)	10.00%
Debt instrument, redemption price (percent)	100.00%
Receivables securitization facility \| Secured debt
Debt Instrument [Line Items]
Long-term debt	$ 499,863,000	499,655,000
Receivables securitization facility \| Secured debt \| Wells Fargo Bank N.A. and Bank of America N.A.
Debt Instrument [Line Items]
Maximum borrowing capacity	500,000,000			$ 300,000,000
Current funding			$ 500,000,000
Senior Notes Due 2028 \| Unsecured debt
Debt Instrument [Line Items]
Long-term debt, fair value	$ 575,900,000
Debt instrument, redemption price (percent)	101.00%
Debt instrument, annual interest rate (percent)	4.20%
Debt instrument, effective yield (percent)	4.39%
Long-term debt	$ 595,495,000	$ 595,049,000
Threshold for holders of principal outstanding to declare principal and unpaid interest payable (percent)	25.00%

INCOME TAXES - Effective Income Tax Rate Reconciliation (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Effective Income Tax Rate Reconciliation
Federal statutory rate	21.00%	21.00%	21.00%	21.00%
State income taxes, net of federal benefit	2.40%	2.00%	2.30%	1.70%
Share based payment awards	(0.90%)	(0.60%)	(3.10%)	(0.90%)
Foreign tax credits	(6.20%)	(1.40%)	(3.30%)	(1.10%)
Other U.S. tax credits and incentives	(3.90%)	(0.30%)	(3.90%)	(1.00%)
Foreign	0.60%	(0.50%)	(0.30%)	(0.50%)
Other	1.90%	1.10%	1.40%	0.80%
Effective income tax rate	14.90%	21.30%	14.10%	20.00%

INCOME TAXES - Narrative (Details) $ in Millions	6 Months Ended
INCOME TAXES - Narrative (Details) $ in Millions	Jun. 30, 2023 USD ($)
Income Tax Disclosure [Abstract]
Estimated income tax expense on repatriated foreign earnings	$ 2.0
Unrecognized tax benefits and related interest and penalties, all of which would affect our effective tax rate if recognized	43.3
Decrease in unrecognized tax benefits due to lapse of statute of limitations	$ 1.3

STOCK AWARD PLANS - Total Compensation Expense Recognized (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 6,035	$ 27,929	$ 21,642	$ 52,535
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	2,242	3,263	4,460	6,482
Stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	2,980	23,887	14,992	43,950
Company expense on ESPP discount
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 813	$ 779	$ 2,190	$ 2,103

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 1D
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480483/718-10-35-1D

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 13: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

STOCK AWARD PLANS - Narrative (Details) - USD ($)		3 Months Ended		6 Months Ended
STOCK AWARD PLANS - Narrative (Details) - USD ($)	Feb. 28, 2023	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	May 05, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum shares that can be granted under stock plan (shares)						4,261,884
Shares available for stock awards (shares)		3,283,750		3,283,750
Stock-based compensation expense		$ 6,035,000	$ 27,929,000	$ 21,642,000	$ 52,535,000
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		8,900,000		8,900,000
Stock-based compensation expense		2,242,000	$ 3,263,000	4,460,000	$ 6,482,000
Stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation expense		242,700,000		$ 242,700,000
Stock awards \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Discount on outstanding grants (percent)				11.00%
Stock awards \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Discount on outstanding grants (percent)				24.00%
Performance-based restricted shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period					5 years
Performance-based restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards granted (shares)	272,455
Weighted average grant date fair value (in dollars per share)	$ 92.15
Award vesting period				3 years
Upside opportunity upon achievement of targets (percent)				200.00%
Time-based restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock awards granted (shares)	688,341
Weighted average grant date fair value (in dollars per share)	$ 92.74
Award vesting period				3 years	5 years
1997 Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum employee contribution to purchase company stock		$ 10,000		$ 10,000
Discount rate used to determine the purchase price				15.00%

STOCK AWARD PLANS - Employee Stock Purchase Plan Activity (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares purchased by employees (shares)	57,425
Aggregate cost to employees	$ 4,605
Expense recognized by the company	6,035	$ 27,929	$ 21,642	$ 52,535
Company expense on ESPP discount
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expense recognized by the company	$ 813	$ 779	$ 2,190	$ 2,103

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 718
-SubTopic 10
-Name Accounting Standards Codification
-Section 35
-Paragraph 1D
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480483/718-10-35-1D

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

SEGMENT REPORTING - Narrative (Details)	6 Months Ended
SEGMENT REPORTING - Narrative (Details)	Jun. 30, 2023 segment
Segment Reporting [Abstract]
Number of reportable segments	2

SEGMENT REPORTING - Reportable Segment Information (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023 USD ($) employee	Jun. 30, 2022 USD ($) employee	Jun. 30, 2023 USD ($) employee	Jun. 30, 2022 USD ($) employee	Dec. 31, 2022 USD ($)
Segment Reporting Information [Line Items]
Total revenues	$ 4,421,856	$ 6,798,475	$ 9,033,526	$ 13,614,428
Income (loss) from operations	132,623	469,665	293,656	815,139
Depreciation and amortization	25,975	23,262	50,355	45,748
Total assets	$ 5,405,261	$ 7,457,439	$ 5,405,261	$ 7,457,439	$ 5,954,564
Average headcount (employee) \| employee	16,085	17,893	16,523	17,554
NAST
Segment Reporting Information [Line Items]
Total revenues	$ 3,079,268	$ 4,147,046	$ 6,383,455	$ 8,261,935
Income (loss) from operations	117,859	276,499	251,881	458,853
Depreciation and amortization	5,856	6,123	11,507	12,362
Total assets	$ 3,106,092	$ 3,688,215	$ 3,106,092	$ 3,688,215
Average headcount (employee) \| employee	6,497	7,552	6,713	7,442
Global Forwarding
Segment Reporting Information [Line Items]
Total revenues	$ 779,867	$ 2,093,190	$ 1,569,845	$ 4,287,587
Income (loss) from operations	29,647	167,557	59,763	335,195
Depreciation and amortization	5,484	5,471	10,964	11,026
Total assets	$ 1,149,091	$ 2,851,114	$ 1,149,091	$ 2,851,114
Average headcount (employee) \| employee	5,225	5,759	5,356	5,690
All Other and Corporate
Segment Reporting Information [Line Items]
Total revenues	$ 562,721	$ 558,239	$ 1,080,226	$ 1,064,906
Income (loss) from operations	(14,883)	25,609	(17,988)	21,091
Depreciation and amortization	14,635	11,668	27,884	22,360
Total assets	$ 1,150,078	$ 918,110	$ 1,150,078	$ 918,110
Average headcount (employee) \| employee	4,363	4,582	4,454	4,422

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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+ Details

REVENUE FROM CONTRACTS WITH CUSTOMERS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Total revenues	$ 4,421,856	$ 6,798,475	$ 9,033,526	$ 13,614,428
NAST
Disaggregation of Revenue [Line Items]
Total revenues	3,079,268	4,147,046	6,383,455	8,261,935
Global Forwarding
Disaggregation of Revenue [Line Items]
Total revenues	779,867	2,093,190	1,569,845	4,287,587
All Other and Corporate
Disaggregation of Revenue [Line Items]
Total revenues	562,721	558,239	1,080,226	1,064,906
Transportation and logistics services
Disaggregation of Revenue [Line Items]
Total revenues	4,084,827	6,465,642	8,412,792	12,993,993
Transportation and logistics services \| Performance obligations completed over time
Disaggregation of Revenue [Line Items]
Total revenues	4,084,827	6,465,642	8,412,792	12,993,993
Transportation and logistics services \| NAST \| Performance obligations completed over time
Disaggregation of Revenue [Line Items]
Total revenues	3,079,268	4,147,046	6,383,455	8,261,935
Transportation and logistics services \| Global Forwarding \| Performance obligations completed over time
Disaggregation of Revenue [Line Items]
Total revenues	779,867	2,093,190	1,569,845	4,287,587
Transportation and logistics services \| All Other and Corporate \| Performance obligations completed over time
Disaggregation of Revenue [Line Items]
Total revenues	225,692	225,406	459,492	444,471
Sourcing
Disaggregation of Revenue [Line Items]
Total revenues	337,029	332,833	620,734	620,435
Sourcing \| Performance obligations completed at a point in time
Disaggregation of Revenue [Line Items]
Total revenues	337,029	332,833	620,734	620,435
Sourcing \| NAST \| Performance obligations completed at a point in time
Disaggregation of Revenue [Line Items]
Total revenues	0	0	0	0
Sourcing \| Global Forwarding \| Performance obligations completed at a point in time
Disaggregation of Revenue [Line Items]
Total revenues	0	0	0	0
Sourcing \| All Other and Corporate \| Performance obligations completed at a point in time
Disaggregation of Revenue [Line Items]
Total revenues	$ 337,029	$ 332,833	$ 620,734	$ 620,435

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

- Definition

Amount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.

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+ Details

LEASES - Lease Data (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
LEASES - Lease Data (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Lease Costs
Operating lease expense	$ 24,773	$ 23,082	$ 49,426	$ 44,727
Short-term lease expense	1,486	1,137	2,900	3,597
Total lease expense	$ 26,259	$ 24,219	52,326	48,324
Other Lease Information
Operating cash flows from operating leases			47,360	43,937
Right-of-use lease assets obtained in exchange for new lease liabilities			$ 14,204	$ 87,554
Lease Term and Discount Rate
Weighted average remaining lease term (in years)	6 years 2 months 12 days		6 years 2 months 12 days		6 years 4 months 24 days
Weighted average discount rate (percent)	3.60%		3.60%		3.50%

LEASES - Maturities of Lease Liabilities (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Maturities of lease liabilities
Remaining 2023	$ 39,817
2024	82,873
2025	67,812
2026	55,842
2027	44,317
Thereafter	116,071
Total lease payments	406,732
Less: Interest	(45,549)
Present value of lease liabilities	$ 361,183

ALLOWANCE FOR CREDIT LOSSES (Details) $ in Thousands	6 Months Ended
ALLOWANCE FOR CREDIT LOSSES (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Rollforward of Allowance for Credit Loss
Allowance for credit loss, beginning balance	$ 28,749
Provision	(8,124)
Write-offs	(6,164)
Allowance for credit loss, ending balance	$ 14,461

CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Stockholders' Equity Note [Abstract]
Accumulated other comprehensive loss	$ 92,919		$ 92,919		$ 88,860
Other comprehensive income (loss)	$ (6,536)	$ (33,596)	$ (4,059)	$ (26,726)

- Definition

Amount, after tax, of accumulated increase (decrease) in equity from transaction and other event and circumstance from nonowner source.

+ References + Details

- Definition

Amount after tax and reclassification adjustments of other comprehensive income (loss).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-SubTopic 10
-Topic 505
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481112/505-10-50-2

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 17
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-17

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Topic 944
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(19))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-4

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482765/220-10-50-5

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147481694/830-30-45-20

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(21))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(23))
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1B
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 55
-Paragraph 15
-SubTopic 10
-Topic 220
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482739/220-10-55-15

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 1A
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A

+ Details

RESTRUCTURING - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Dec. 31, 2023	Jun. 30, 2023
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 14,132		$ 17,854
Payments for restructuring			27,216
Other Selling, General, and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	1,005		1,129
Payments for restructuring			310
Severance And Other Operating Expenses
Restructuring Cost and Reserve [Line Items]
Payments for restructuring	12,000
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring charges	11,681		14,819
Employee Severance \| Personnel Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	13,127		16,725
Employee Severance \| Personnel Expenses \| NAST
Restructuring Cost and Reserve [Line Items]
Restructuring charges	327		1,156
Employee Severance \| Personnel Expenses \| Global Forwarding
Restructuring Cost and Reserve [Line Items]
Restructuring charges	691		2,229
Employee Severance \| Personnel Expenses \| All Other and Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring charges	12,109		13,340
Employee Severance \| Other Selling, General, and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	1,005		1,129
Employee Severance \| Other Selling, General, and Administrative Expenses \| NAST
Restructuring Cost and Reserve [Line Items]
Restructuring charges	4		4
Employee Severance \| Other Selling, General, and Administrative Expenses \| Global Forwarding
Restructuring Cost and Reserve [Line Items]
Restructuring charges	39		163
Employee Severance \| Other Selling, General, and Administrative Expenses \| All Other and Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 962		$ 962
Forecast
Restructuring Cost and Reserve [Line Items]
Payments for restructuring		$ 8,700

RESTRUCTURING - Restructuring Charges by Segments (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2023
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 14,132	$ 17,854
Other Expense
Restructuring Cost and Reserve [Line Items]
Restructuring charges	1,446	1,906
Other Selling, General, and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	1,005	1,129
Employee Severance
Restructuring Cost and Reserve [Line Items]
Restructuring charges	11,681	14,819
Employee Severance \| Personnel Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	13,127	16,725
Employee Severance \| Other Selling, General, and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	1,005	1,129
Employee Severance \| NAST \| Personnel Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	327	1,156
Employee Severance \| NAST \| Other Selling, General, and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	4	4
Employee Severance \| Global Forwarding \| Personnel Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	691	2,229
Employee Severance \| Global Forwarding \| Other Selling, General, and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	39	163
Employee Severance \| All Other and Corporate \| Personnel Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	12,109	13,340
Employee Severance \| All Other and Corporate \| Other Selling, General, and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Restructuring charges	$ 962	$ 962

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details

RESTRUCTURING - Reserve (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
RESTRUCTURING - Reserve (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2023	Dec. 31, 2022
Restructuring Cost and Reserve [Line Items]
Balance, December 31, 2022	$ 8,673	$ 8,673	$ 18,976
Restructuring charges	14,132	17,854
Cash payments		(27,216)
Settled non-cash		(819)
Accrual adjustments		(122)
Balance, June 30, 2023	(8,673)	(8,673)	(18,976)
Accrued Severance and Other Personnel Expenses
Restructuring Cost and Reserve [Line Items]
Balance, December 31, 2022	8,673	8,673	18,976
Restructuring charges		16,725
Cash payments		(26,906)
Settled non-cash		0
Accrual adjustments		(122)
Balance, June 30, 2023	(8,673)	(8,673)	(18,976)
Other Selling, General, and Administrative Expenses
Restructuring Cost and Reserve [Line Items]
Balance, December 31, 2022	0	0	0
Restructuring charges	1,005	1,129
Cash payments		(310)
Settled non-cash		(819)
Accrual adjustments		0
Balance, June 30, 2023	$ 0	$ 0	$ 0

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References + Details