Expeditors, aided in part by pull-forward volumes, reports strong Q3

Capt. John

Bolstered by significant gains in air and ocean freight volume on a year-to-year basis, Expeditors International’s third-quarter earnings report showed higher numbers in almost every key category.

For the quarter ended Sept. 30 airfreight kilograms handled by 3PL Expeditors were up by 19% on a year-to-year basis. Ocean freight measured in 40-foot equivalent units rose 12%.

Notable about the volume performance is that it mostly strengthened as the quarter went on. Year-on-year airfreight kilo...

https://www.freightwaves.com/news/expeditors-aided-in-part-by-pull-forward-volumes-reports-strong-q3

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