Earnings summaries and quarterly performance for EXPEDITORS INTERNATIONAL OF WASHINGTON.
Executive leadership at EXPEDITORS INTERNATIONAL OF WASHINGTON.
Board of directors at EXPEDITORS INTERNATIONAL OF WASHINGTON.
Research analysts covering EXPEDITORS INTERNATIONAL OF WASHINGTON.
Recent press releases and 8-K filings for EXPD.
Expeditors International announces $3 billion share repurchase program
EXPD
Share Buyback
- The Board of Directors authorized a new share repurchase program permitting the repurchase of up to $3 billion of common stock.
- The authorization, approved on February 23, 2026, becomes effective upon expiration of the current program, which allowed repurchases down to 130 million shares (originally approved February 19, 2024).
- Management intends to prioritize organic growth investments and return excess cash to shareholders through dividends and share buybacks.
3 days ago
Expeditors reports Q4 2025 results
EXPD
Earnings
Dividends
Share Buyback
- Q4 2025 EPS of $1.49, net earnings of $201 M, operating income of $251 M, and revenues of $2.856 B, representing decreases of 11%, 15%, 17%, and 3% YoY, respectively.
- Airfreight tonnage rose 6%, while ocean container volume fell 6% year-over-year.
- Returned $150 M to shareholders in Q4 and $875 M in dividends and share repurchases in 2025; Board approved a $3 B new share repurchase program.
- Continued diversification with double-digit growth in customs brokerage, Transcon, warehousing & distribution, despite ocean rates down 41% YoY and modest air margin pressure.
3 days ago
Expeditors updates tariff framework after Supreme Court IEEPA ruling
EXPD
Legal Proceedings
- The U.S. Supreme Court ruled 6–3 in Learning Resources v. Trump that the International Emergency Economic Powers Act does not authorize tariffs, invalidating all IEEPA-based duties effective 12:01 AM EST on February 24.
- All existing IEEPA-based tariffs (including 10% reciprocal duties, fentanyl-related duties, Brazil’s 40% and India’s 25%) will terminate tonight; U.S. Customs is updating its systems to reflect the changes.
- President Trump issued an executive order imposing a 10% global tariff under Section 122 (Trade Act of 1974) for up to 150 days, with a possible but unconfirmed increase to 15%.
- Section 301 and Section 232 tariffs remain in force, and USTR plans new Section 301 investigations (e.g., China industrial capacity, forced labor, EU digital goods); the administration may also invoke Section 338 for up to 50% duties.
- The Supreme Court did not mandate refunds of IEEPA duties, leaving importers without an automatic repayment mechanism; legislation proposing CBP-processed refunds within 90 days has been introduced but is unlikely to pass.
4 days ago
Expeditors International of Washington discusses Supreme Court invalidation of IEEPA tariffs
EXPD
Legal Proceedings
- Supreme Court held (6–3) that IEEPA does not authorize presidential tariffs, invalidating approximately 246 IEEPA-based duties (including fentanyl and global reciprocal tariffs).
- CBP will terminate all IEEPA tariffs effective 12:01 AM EST Feb 24, but has not yet issued implementation or refund instructions.
- President Trump issued a 10% global tariff under Section 122 of the Trade Act of 1974 (up to 15% for 150 days), and USTR plans additional Section 301 investigations.
- Importers should monitor unliquidated entries and file protests within 180 days to preserve refund rights; all refund litigation will be handled by the Court of International Trade.
4 days ago
Expeditors outlines transition from IEEPA to Section 122 tariffs after Supreme Court ruling
EXPD
Legal Proceedings
Guidance Update
- The Supreme Court ruled all IEEPA-based tariffs unlawful, nullifying roughly 246 Chapter 99 duties including reciprocal 10% levies and fentanyl surcharges
- Effective 12:01 AM Feb 24, a 10% Section 122 tariff applies to all U.S. imports for 150 days (through July 24), with limited in-transit and DR-CAFTA exceptions
- The de minimis exemption remains suspended, so low-value shipments will incur Section 122 duties pending resolution of related litigation
- Importers should file protests within 180 days on liquidated entries and await CBP guidance on unliquidated entries to preserve refund rights
4 days ago
Expeditors International details Q3 2025 operational update
EXPD
New Projects/Investments
- AI infrastructure has become a substantial part of Expeditors’ airfreight, customs brokerage, and Transcon businesses, driving revenue growth in Q3 2025.
- Removal of the U.S. de minimis exemption eased air capacity, contributing to modest declines in average sell and buy rates in Q3 2025.
- Customs brokerage revenues expanded on higher entry volumes, increased line items per entry, and price increases per entry, with significant billable work expected from post-entry filings.
- Since early 2024, global headcount has grown to support more complex shipments and entries, while elevated IT maintenance and consulting fees drove higher other expenses in Q3 2025.
Nov 14, 2025, 9:11 PM
Expeditors reports Q3 2025 results
EXPD
Earnings
Share Buyback
- EPS of $1.64, up 1% year-over-year, driven by stable earnings performance in a volatile freight market.
- Revenues of $2.895 billion, down 4%, and net earnings of $222 million, down 3%, reflecting lower ocean volumes and rate pressures.
- Operating income of $288 million, a 4% decline as ocean pricing volatility offset gains in customs brokerage and other services.
- Airfreight tonnage rose 4% while ocean container volume fell 3%, underscoring mixed demand trends across transport modes.
- Returned $212 million to shareholders in Q3 share repurchases, totaling $725 million in repurchases and dividends year-to-date.
Nov 4, 2025, 5:37 PM
Expeditors outlines major US trade and regulatory impacts on logistics operations
EXPD
- Section 232 steel & aluminum tariffs expanded to 753 HTS codes at 50%, effective Aug 15, complicating packaging imports and requiring detailed documentation
- Low-value and postal entry overhaul: All de minimis entries end Aug 29, requiring formal or informal entries (with bonds) and imposing postal fees of $80–$200 based on reciprocal tariff rates
- India tariffs: Reciprocal rate rises to 50% on Aug 27 (25% reciprocal + 25%), with a narrow transit-exception window to Sep 17 limiting relief
- Heightened CBP enforcement: $25.6 billion recovered via entry-summary reviews (FY Oct 2024–Jul 2025 vs. $0.667 billion prior) and over 4,000 bond insufficiency notices issued in 2025 to date
Aug 20, 2025, 7:10 PM
Expeditors details August 2025 US tariff actions
EXPD
Legal Proceedings
- Multiple IEPA tariffs took effect in early August: fentanyl duties on non-USMCA Canadian goods rose from 25% to 35% on Aug 1; 50% Section 232 copper duties on Canada, Brazil, South Korea and Germany began Aug 1; and a 40% IEPA surcharge on select Brazilian imports added Aug 6 (stacked with an existing 10% rate to total 50%), with in-transit exemptions for goods on the mother vessel before Aug 6 arriving by Oct 5.
- Reciprocal tariffs replace the 10% universal rate for 95 countries on Aug 7: deficit countries face new rates of 15–41%, surplus countries remain at 10%, and EU imports under 15% primary duty shift to a flat 15% all-in rate; China, Hong Kong and Macau remain paused until Aug 12.
- India tariffs under IEPA rise from 25% to 50% on Aug 27, with in-transit exemptions for goods loaded before 12:01 AM Aug 27 and entered by 12:01 AM Sept 17; de minimis entries (< $800) end for all countries on Aug 29.
- Ongoing investigations include Sec 232 reviews of pharmaceuticals and semiconductors, plus a Sec 301 probe of Brazil; Federal Circuit heard challenges to IEPA-based tariffs July 31 with a decision expected late August/early September, likely heading to the Supreme Court.
- Enforcement and compliance will hinge on “transshipment” rules targeting nonmarket-economy inputs (notably Chinese), subject to a 40% HTS 99 duty; importers must enhance value-chain mapping, audit HTS classifications and monitor bond coverage as complexities grow.
Aug 6, 2025, 8:10 PM
Expeditors provides global air freight market update
EXPD
- In H1 2025, global air capacity grew 4% YoY; Q2 freighter capacity fell 3% on Transpacific but rose 8% Asia→Europe and 22% Europe→Asia (Q2 25 vs Q2 24).
- Global air demand increased 6.6% in Q1 and around 6.1% in Q2, but is forecast to moderate to 3–4% for the rest of 2025.
- June 2025 freight rates declined YoY: Transpacific eastbound −30%, Asia→Europe −19%, Europe→US −14%.
- US de minimis removal (May 2) halved e-commerce freighter volumes, prompting ~21% capacity cuts on US trade and reallocations to Europe (+22%) and ASEAN (+50% via hub); Vietnam exports to the US grew 55% YTD.
- Rising cost pressures, tariff uncertainties and shifting trade agreements are reshaping global supply chains and air freight networks.
Jul 29, 2025, 6:51 PM
Fintool News
In-depth analysis and coverage of EXPEDITORS INTERNATIONAL OF WASHINGTON.
Policy & Geopolitics
Expeditors Webinar Warns Importers: Don't File for IEEPA Refunds Yet as $175B Recovery Remains Unclear
3d ago
Policy & Geopolitics
Expeditors Educates DoD Contractors on Tariff Relief: DCMA Duty-Free Entry Emerges as Cost-Saving Lifeline
Jan 27
Policy & Geopolitics
Expeditors Hosts Webinar on DCMA Duty-Free Entry as Defense Contractors Scramble for Tariff Relief
Jan 27
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