Logistics firm Expeditors posts upbeat results as tariff turmoil boosts brokerage demand
Yahoo Finance·2025-11-04 23:33
(Reuters) -Global freight forwarder Expeditors International of Washington reported third-quarter profit and revenue above Wall Street estimates on Tuesday, driven by strong airfreight volumes and increased demand for its customs brokerage services. The company's shares were up 5% in early trading. Expeditors' airfreight tonnage rose 4% in the reported quarter, led by shipments from Asia, as previously tight air capacity eased following the expiration of the 'de minimis' exemption for goods entering the ...