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The Seattle Port Commission has added its legal assessment to that of port staff in stating that Executive Director Tay Yoshitani did not violate the terms of his employment contract with the port whe
Forwarder and logistics provider Expeditors International of Washington reported a 12 percent decline in second quarter net profit as air freight revenue fell 14.8 percent.
Expeditors International of Washington said a weak peak season for imports pulled fourth quarter profit down 4 percent year-over-year to $92.8 million.
Expeditors International of Washington improved net profit 11 percent in the third quarter to $106.6 million despite a 4 percent decline in gross revenue in a weakening freight shipping market.
Expeditors International of Washington reported a record second quarter profit of $95 million on Tuesday, but the forwarder saw growth rates slow down sharply while ocean and air freight volume declin
Switzerland-based Kuehne + Nagel was the largest international forwarder in 2010, handling of nearly a 10th of the world’s air and sea freight business by revenue, according to Transport Intelli
Expeditors International of Washington saw net profit soar 49 percent in the first quarter to $91.2 million as the freight forwarder matched strong improvements in air and ocean shipping volume with s
Expeditors International of Washington boosted its net profit 40 percent in the fourth quarter to $96.5 million, capping a strong recovery year that saw the forwarder improve its operating profit 42 p
Strong demand that led to a record operating margin pushed Expeditors International of Washington to a $96.1 million net profit in the third quarter, 66 percent better than the same quarter a year ago