| Market Capitalization (Millions $) |
24,960 |
| Shares
Outstanding (Millions) |
134 |
| Employees |
20,000 |
| Revenues (TTM) (Millions $) |
11,186 |
| Net Income (TTM) (Millions $) |
838 |
| Cash Flow (TTM) (Millions $) |
-2 |
| Capital Exp. (TTM) (Millions $) |
53 |
Business Description
Expeditors International of Washington, Inc. is a global logistics services provider headquartered in Seattle, Washington. Founded in 1979, the company specializes in facilitating the movement and strategic placement of goods across international borders through a comprehensive network of services.
Expeditors operates a seamless international logistics framework that is designed to support the needs of its diverse customer base, ensuring efficient supply chain management and timely deliveries. Its core service offerings include:
1. Air Freight Forwarding: Expeditors consolidates air freight shipments, providing customs clearance and delivery solutions tailored to the requirements of companies operating in various industries.
2. Ocean Freight Forwarding: The company offers ocean freight consolidation services, optimizing cargo shipments and ensuring compliance with international shipping regulations.
3. Customs Brokerage: Expeditors functions as a customs broker in its U.S. offices and many overseas locations, assisting clients with regulatory compliance and facilitating the customs clearance process to ensure smooth passage of goods through various customs jurisdictions.
4. Distribution Management: The company manages the distribution of goods, helping clients optimize their warehousing and inventory processes to enhance efficiency.
5. Vendor Consolidation: Expeditors aggregates shipments from multiple suppliers, simplifying logistics and reducing costs for its customers.
6. Cargo Insurance: The company offers cargo insurance services to protect the value of goods in transit against potential risks.
Purchase Order Management: Expeditors assists clients with managing their purchase orders effectively, streamlining the procurement process and ensuring timely delivery.
8. Customized Logistics Information: The company provides analytics and reporting tools tailored to client needs, enhancing visibility and control over supply chain operations.
Notably, Expeditors does not compete in the domestic freight market and does not own aircraft or shipping vessels. This strategic focus allows the company to concentrate on providing exceptional logistics services without the complexities associated with asset ownership in transportation.
By leveraging technology and a well-established international network, Expeditors International of Washington, Inc. continues to help businesses navigate the complexities of global logistics and supply chain management.
Company Address: 3545 Factoria Blvd. SE Bellevue 98006 WA
Company Phone Number: 674-3400 Stock Exchange / Ticker: NYSE EXPD
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34.3 %