EXPD 📈 Expeditors International - Overview

Expeditors International of Washington, Inc. operates as a global logistics company, providing a wide range of services to its customers worldwide. The company's airfreight services include air freight consolidation and forwarding, which enables the efficient transportation of goods by air. Additionally, its ocean freight and ocean services comprise ocean freight consolidation, direct ocean forwarding, and order management, catering to the diverse needs of its clients. The company also offers customs brokerage, import, intra-continental ground transportation and delivery, and warehousing and distribution services, ensuring seamless movement of goods across borders and geographies.

The company's service portfolio extends to customs clearance, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions. This comprehensive suite of services allows Expeditors International to provide end-to-end logistics support to its customers, streamlining their supply chains and enhancing overall efficiency. Furthermore, the company provides optimization, trade compliance consulting, cargo security, and solutions, helping its clients navigate complex logistics landscapes and mitigate potential risks.

As a freight consolidator or agent for airlines, Expeditors International plays a crucial role in facilitating the movement of goods by air. The company also offers ancillary services, including preparation of shipping and customs documentation, packing, crating, insurance services, and preparation of documentation to comply with local import and export laws. These value-added services enable the company's customers to focus on their core business activities, while Expeditors International handles the intricacies of logistics and transportation. The company's customer base includes retailing and wholesaling, electronics, technology, and industrial and manufacturing companies, reflecting its ability to cater to diverse industry needs.

With a history dating back to 1979, Expeditors International of Washington, Inc. has established itself as a reputable player in the global logistics industry. Headquartered in Seattle, Washington, the company has developed a strong presence in the market, with a robust website and online platform that provides customers with easy access to its services and information. As a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol EXPD, Expeditors International is committed to transparency and accountability, with its common stock (ISIN: US3021301094) classified under the GICS Sub Industry: Air Freight & Logistics.