- Business
- Expeditors International of Washington, Inc. (NYSE: EXPD) provides customized global logistics and supply chain solutions through a network of over 340 locations in more than 100 countries across six continents; core services include air and ocean freight forwarding and consolidation, vendor consolidation, customs brokerage and compliance, cargo insurance, warehousing and distribution, transportation management, and order management. The service-based company, which does not own aircraft, vessels, or trucks, leverages unified technology systems and specialized professionals to optimize supply chains for diverse industries and client needs. Founded in 1979 and headquartered in Bellevue, Washington, USA, with regional headquarters in Dubai, London, Seattle, Shanghai, and Singapore, Expeditors employs over 18,000 people and generated $10.6 billion in revenue in 2024.
Recent strategic initiatives emphasize operational excellence, efficiency improvements, and organic growth to enhance profitability amid market volatility, as highlighted in 2025 quarterly earnings reports. The company reported strong financial performance, including third quarter 2025 diluted EPS of $1.64 and second quarter EPS of $1.34, reflecting positive impacts from these efforts. In May 2025, Expeditors' board approved a 5.5% increase in its semi-annual dividend to 77 cents per share, underscoring shareholder value commitment.