Business Summary: Expeditors International of Washington, Inc. is a global logistics company. The Company's services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution and customized logistics solutions. Its primary services include airfreight services, ocean freight and ocean services, and customs brokerage and other services. It provides a full suite of global logistics services, offering customers access to an international network of people and integrated information systems to support the movement and strategic positioning of goods. As a third-party logistics provider, it purchases cargo space from carriers on a volume basis and resells that space to its customers. In addition, its Project Cargo unit handles special project shipments that move via a single method or combination of air, ocean, and/or ground transportation.
Financial Summary: BRIEF: For the three months ended 31 March 2026, Expeditors International of Washngtn Inc revenues increased 4% to $2.78B. Net income increased 13% to $229.6M. Revenues reflect United states segment increase of 12% to $954.6M, South Asia segment increase of 16% to $423.2M, Europe segment increase of 6% to $448.9M. Net income benefited from United states segment income increase of 19% to $144.7M.