Expeditors Company profile
About Expeditors International of Wshngtn Inc
Expeditors International of Washington, Inc. provides a range of global logistics services. The Company’s services include air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, purchase order management, vendor consolidation, time-definite transportation services, temperature-controlled transit, cargo insurance, specialized cargo monitoring and tracking, and other supply chain solutions. The Company’s principal services categories include airfreight services, ocean freight and ocean services, and customs brokerage and other services. In addition, the Company provides design and optimization, order management, risk management, customs & compliance, trade consulting, trade flow trade management software and customs brokerage services. The Company serves a range of industries, including aerospace, automotive & mobility, fashion, healthcare, manufacturing, oil & energy, retail and technology.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Expeditors International of Wshngtn Inc revenues increased 72% to $16.52B. Net income increased from $696.1M to $1.42B. Revenues reflect North Asia segment increase of 86% to $6.36B, United states segment increase of 56% to $4.34B, South Asia segment increase from $962M to $2.05B. Net income benefited from United states segment income increase from $331M to $833.6M.
Equity composition
Common Stock $.01 Par, 5/11, 320M auth., 212,370,229 issd. Insiders control 1.33%. PO: 9/84, 750K Units (1 Common & 1 Warrant 9/89) @ $9/Unit by Dain, Bosworth. 6/02, 6/99, 12/96, 11/93, 2-for-1 stock splits; 9/86, 3-for-2 stock split. 06/06, 2-for-1 stock split.