Welcome to our dedicated page for Expeditors Intl news (Ticker: EXPD), a resource for investors and traders seeking the latest updates and insights on Expeditors Intl stock.
Expeditors International of Washington, Inc. (NYSE: EXPD) is a global logistics company that regularly issues news on its operations, financial performance, and corporate governance. As a non-asset-based provider in the freight transportation arrangement industry, Expeditors publishes detailed quarterly earnings releases, dividend announcements, and leadership updates that are closely followed by investors and supply chain professionals.
News about Expeditors often centers on its three main product categories: airfreight services, ocean freight and ocean services, and customs brokerage and other services. Earnings releases typically discuss trends in air tonnage and ocean container volumes, changes in buy and sell rates, and the performance of customs brokerage, Transcon road freight, and warehousing and distribution. Management commentary frequently addresses how geopolitical dynamics, tariffs, and shifting trade patterns affect freight demand and pricing.
Company updates also highlight strategic themes such as growth in technology-related shipments, including AI infrastructure, and the relative stability of customs brokerage and other services. Expeditors’ news flow includes semi-annual cash dividend declarations, share repurchase activity, and commentary on its fee-based business model and capital allocation priorities.
Corporate governance and leadership developments are another recurring news topic, including CEO succession, senior finance appointments, and board-level roles. Together, these items provide insight into how Expeditors manages its global network, invests in technology and AI, and responds to complex trade and regulatory environments. Readers interested in EXPD can use the news stream to follow key developments in the company’s logistics operations, financial results, and strategic direction over time.
Expeditors International of Washington (NASDAQ: EXPD) declared a $0.58 semi-annual cash dividend on November 1, 2021, payable on December 15, 2021. Shareholders of record as of December 1, 2021 will receive this dividend. Based in Seattle, Washington, Expeditors operates globally with a network of 176 district offices across six continents, offering comprehensive logistics services, including freight forwarding and customs brokerage.
Expeditors International of Washington (NASDAQ:EXPD) reported impressive Q3 2021 results compared to Q3 2020. Diluted EPS rose 87% to $2.09, while net earnings surged 88% to $359 million. Operating income increased 94% to $490 million, and revenues jumped 84% to $4.3 billion. Despite record performance, the company faces labor and infrastructure constraints impacting air and ocean freight capacity. The CEO anticipates these conditions will persist well into 2022, impacting future operations.
Expeditors International of Washington reported impressive Q2 2021 results, achieving a 69% increase in diluted EPS to $1.84 and a 72% rise in net earnings to $316 million. Operating income soared 66% to $411 million, with revenues up 50% to $3.6 billion. Airfreight and ocean container volumes grew by 37% and 34%, respectively. Despite these gains, the company faces challenges including supply chain disruptions and tight capacity, with uncertainties about future improvements in the operating environment persisting through 2021.
Expeditors International of Washington (NASDAQ: EXPD) has declared a semi-annual cash dividend of $0.58 per share. This dividend is payable on June 15, 2021, to shareholders of record as of June 1, 2021.
Expeditors is a global logistics company, with operations in 176 district offices across six continents, offering services including air and ocean freight forwarding, customs brokerage, cargo insurance, and customized logistics solutions.
Expeditors International of Washington reported a strong first quarter of 2021, with diluted EPS increasing 135% to $1.67 and net earnings rising 135% to $287 million. Operating income surged 142% to $386 million, while revenues climbed 77% to $3.4 billion. Airfreight and ocean container volumes both rose 29%. CEO Jeffrey S. Musser noted challenges in securing capacity amid high demand and market volatility, but expressed confidence in the company’s ability to navigate disruptions.
Expeditors International (NASDAQ:EXPD) reported impressive fourth quarter 2020 results, with diluted earnings per share increasing 47% to $1.16 and net earnings rising 45% to $199 million. Operating income surged 56% to $282 million, while revenues soared 55% to $3.2 billion. The company achieved record airfreight tonnage and ocean container volumes, showcasing its resilience amidst the challenges of the COVID-19 pandemic. Despite elevated air and ocean rates, supply and demand imbalances are expected to persist into 2021, impacting pricing conditions.
Expeditors International of Washington (NASDAQ: EXPD) declared a semi-annual cash dividend of $0.52 per share on November 2, 2020. This dividend is set to be paid on December 15, 2020, to shareholders who are on record as of December 1, 2020.
Expeditors is a leading global logistics company based in Seattle, operating through 176 offices worldwide. Their services encompass air and ocean freight forwarding, customs brokerage, cargo insurance, and various customized logistics solutions, ensuring a robust global supply chain.
Expeditors International (NASDAQ: EXPLD) reported its third quarter 2020 results, highlighting a 22% increase in diluted EPS to $1.12 and a 19% rise in net earnings to $191 million. Operating income also grew by 22% to $252 million, while revenues reached $2.5 billion, a 19% increase year-over-year. Despite challenges from COVID-19, airfreight tonnage and ocean container volumes showed resilience, though both fell 5%. The company faced ongoing supply/demand imbalances, particularly in airfreight, leading to higher rates.