Expeditors International of Was

Ticker(s):

EXPD

Country:

Sector & Industry:

,
Business Overview

Expeditors International of Washington, Inc., together with its subsidiaries, provides logistics services in the Americas, North Asia, South Asia, Europe, and MAIR. The company offers airfreight services, such as air freight consolidation and forwarding; ocean freight and ocean services, including ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage and other services, import, intra-continental ground transportation and delivery, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other logistics solutions. It also provides optimization, trade compliance consulting, cargo insurance, cargo security, and solutions. In addition, it acts as a freight consolidator or as an agent for the airline that carries the shipment. Further, the company provides ancillary services that include preparation of shipping and customs documentation, packing, crating, insurance services, and the preparation of documentation to comply with local import and export laws. Its customers include retailing and wholesaling; electronics; healthcare; technology; and industrial and manufacturing companies. The company was incorporated in 1979 and is headquartered in Bellevue, Washington.

Contact & Other Information

Number of Employees:

18,400

Sterling Plaza 2
3rd Floor 3545 Factoria Blvd. SE
Bellevue

,

WA

,

98006
United States
206 674 3400
02/21/2025 | 10-K | 0000950170-25-024750 |

Expeditors International of Washington, Inc. (EXPD) demonstrated revenue growth in 2024, driven by strong demand in ocean and air freight. However, material weaknesses in internal controls related to IT systems persist, posing a risk.