Expeditors paying more to move freight but has solid quarter

By this point in the earnings cycle, the trends are firmly established with what most transportation companies experienced in their finances during the prior quarter. Expeditors International (NASDAQ: EXPD) is no different.

The asset-light logistics company, which is a member of the Dow Jones Transportation Average and which is a “dividend aristocrat” with 25 years of annual increases in payouts to shareholders, topped Wall Street estimates for both earnings per share and revenue. GAAP EPS came...


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