Cash buybacks frozen, quarterly $0.52 dividends unchanged, as announced yesterday, but cash-rich Expeditors International (EXPD) is still on a roll at $87 a share. And then, operationally, this week confirmed that its balanced portfolio of logistics products gives it an edge in the good and bad times alike.
Immediate, useful context (maybe) here: the sharks, attracted to logistics in its multiple forms, are sniffing at opportunities, regardless of price.
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