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Expeditors International of Washington (EXPD) investor relations material
Expeditors International of Washington Status Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Status Update summary19 Nov, 2025
Overview of international shipment lifecycle
Multiple parties are involved in international transactions, including buyers, sellers, consolidators, forwarders, customs brokers, trucking companies, stevedores, air cargo agents, banks, and warehouses.
The shipment process starts with price negotiation, followed by a pro forma invoice, order placement, and goods preparation for export.
Bookings are made with carriers or forwarders, goods are picked up and delivered to terminals, and shipping documents are processed.
Customs declarations and possible inspections occur before export; goods may transit through hubs before reaching the final destination.
At destination, customs clearance, payment of duties, and final delivery to the buyer complete the process.
Transportation modes: ocean vs. air
Ocean freight is generally cheaper but slower, with options for less than container load (LCL) or full container load (FCL).
Carrier contracts for ocean shipments may require volume commitments; forwarders can manage contracts and provide added services.
Air freight is faster and priced by weight or volume, suitable for high-value or time-sensitive goods.
Hazardous materials face stricter limits in air transport; air freight may be cost-effective for small, urgent shipments.
Both modes require careful carrier selection based on experience, pricing, schedules, and tracking capabilities.
Incoterms and cost/risk allocation
Incoterms define transport obligations, cost responsibilities, and risk transfer between buyer and seller.
ExWorks (EXW) places minimal responsibility on the seller; buyer manages transport and risk after pickup.
Delivered Duty Paid (DDP) makes the seller responsible for all costs and risks until goods reach the buyer's facility.
Choice of Incoterm depends on company capabilities, desired control, and revenue opportunities.
Assess Incoterm selection based on control and revenue
Beyond carrier liability, what risk mitigation strategies
Identify key areas of increasing export complexity
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Next Expeditors International of Washington earnings date
Q4 202524 Feb, 2026
Next Expeditors International of Washington earnings date
Q4 202524 Feb, 2026
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Frequently asked questions
International Expeditors
Expeditors International of Washington (oftentimes referred to simply as Expeditors International) is an American global logistics and freight forwarding company. It provides comprehensive logistics solutions, including air and ocean freight forwarding, customs brokerage, warehousing, and distribution. Expeditors operates a network of over 300 locations across six continents, and its client base spans a wide array of industries. It is headquartered in Seattle, Washington, and its shares are listed on the Nasdaq.
From a Single Office to Worldwide Operations
Expeditors was founded in Seattle, Washington, and initially operated as a single-office ocean freight forwarder. In 1981, a couple of logistics professionals set out to lay the groundwork for the company’s growth and development. Expeditors started with a focus on air freight, and during the 1980s the company experienced rapid growth and went public in 1984. Post-IPO, Expeditors started expanding globally, opening offices in Europe, the Middle East, Asia, and Africa, and today it operates a robust global network of logistics services. Some other logistics companies with similar operations listed on public exchanges are C.H. Robinson, XPO, and Old Dominion Freight Line.
The Logistics Services
Air Freight: Expeditors offers a number of air freight services, providing expedited and consolidated air shipping. The company handles everything from time-sensitive shipments to cost-effective solutions for less urgent cargo.
Ocean Freight: The company manages full container load (FCL) and less-than-container load (LCL) shipments. It works with a vast network of carriers, ensuring flexible and reliable ocean transport options.
Customs Brokerage: A crucial part of its services is facilitating the customs clearance process. Expeditors' expertise in local regulations and international trade laws helps clients navigate complex customs procedures, reducing potential delays and compliance risks.
Multimodal Transport: The company also offers multimodal transport solutions, combining air, ocean, rail, and road transport to optimize cost and transit time.
Supply Chain Services
Expeditors International's supply chain solutions are designed to meet the complex needs of global logistics management. These services encompass a wide range of functions including inventory management, order fulfillment, and the development of customized logistics strategies. This includes tools for tracking inventory levels, managing transportation, and coordinating warehousing operations.
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