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Expeditors revenue drops 51% in Q2 

Airfreight volumes fell 15% 

Yael KatzwerbyYael Katzwer
August 8, 2023
in Archive
Reading Time: 3 mins read
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Impacted heavily by reduced freight volumes and rates, Expeditors earned $2.2 billion in revenue in the second quarter, a decline of 51% year over year.  THE BIG PICTURE: Like others in the industry, Expeditors saw a drastic airfreight revenue reduction in Q2, due to increased capacity, reduced demand and post-pandemic normalization.  “The freight marketplace has […]

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