Expeditors International

Expeditors International by numerous metrics had a strong third quarter.

Volume data at Expeditors suggests that the year-on-year decline is slowing from where it was earlier in 2023.

Expeditors had a second-quarter financial performance that might be expected from a company active in the air and ocean freight markets.

The softer markets in air and ocean freight are directly visible in Expeditors’ first-quarter earnings.

Expeditors suffered a significant decline in fourth-quarter earnings as the air and ocean freight markets dropped sharply.

Global logistics firm Expeditors International says it is moving closer to restoring key systems two weeks after a cyberattack.

Expeditors International is desperately trying to recover from a major cyberattack that has degraded its logistics capabilities.

Trips down memory lane provide clarity for newbies in the industry, Ukrainian workers’ absence sends shockwaves through the industry, and the People’s Convoy keeps on trucking to Washington.

Expeditors announced its earnings while it is in the midst of a cyberattack.

Global logistics provider Expeditors International shut down most of its operations systems after a cyberattack, limiting the ability to book shipments.

Despite beating the Wall Street consensus, Expeditors’ stock declined.

Expeditors is a rare logistics “dividend aristocrat,” with dividend increases of 25 years or more. It is keeping that intact in 2021.

In the prepared statement released with earnings, CEO Musser says the current market has no precedents.

Expeditors International sees digital platform acquisition as key to advancing its less-than-truckload shipping platform.

The Seattle-based global third-party logistics provider posted revenues of $1.9 billion during the first quarter, a 6% decrease year-over-year.

Stifel Financial sees an OK first quarter, but the picture gets less clear after that, with risks to second-quarter earnings estimates.

EXPD earnings fell 23% year-over-year; management cited the business cycle and warned about Q1 coronavirus impacts.

North America has surpassed North Asia (China) as EXPD’s highest revenue region.

North Asia revenues were down 8.5 percent, but EXPD improved productivity.

Expeditors should do well in a softening ocean freight market and a Panalpina deal wouldn’t necessarily be a bad thing.

Largest ocean freight forwarder sees fuel bills increasing as much as 50 percent based on current price spreads.