Post Tagged with: "Q217 financials"

Expeditors faces challenging pricing environment in 2Q

Expeditors faces challenging pricing environment in 2Q

Capacity & Demand, News August 8, 2017 at 10:20 am

Despite transporting near record volumes of both air and ocean freight during 2Q17, Expeditors International of Washington, Inc., reported a 6.6% y-o-y drop in net income for the quarter, to US$109 million on “unfavorable pricing.” Air freight volumes jumped 9%, while ocean container volumes rose 4% y-o-y during 2Q17. LargerRead More