5 Followers USX:EXPD - Expeditors International of Washington Inc Expeditors International of Wa
Sector: Industrials, Industry: Air Freight & Logistics
Next Earnings: 7 May 2024
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USD 113.07    -1.02 (-0.89%)

23 Apr 2024


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General

CEO: Mr. Jeffrey S. Musser

IPO: 1990-03-26

Headquarters: US

Employees: 18,625

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Description

Expeditors International of Washington is a non-asset-based third-party logistics provider, focused on international freight forwarding. Its offers freight consolidation and forwarding, customs brokerage, warehousing and distribution, purchase order management, vendor consolidation, and numerous other value-added logistics services. It employs sophisticated IT systems and contracts with airlines and ocean carriers to move customers' freight across the globe. The firm operates more than 200 full-service office locations worldwide, in addition to numerous satellite locations. Expeditors derives around 34% of consolidated net revenue from airfreight, 30% from ocean freight, and 36% from customs brokerage and other services.

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