Expeditors International
From Wikipedia, the free encyclopedia
| Expeditors International of Washington, Inc. | |
 |
|
| Type of Company | Public (NASDAQ: EXPD) |
|---|---|
| Founded | 1979, Seattle, WA |
| Headquarters | Seattle, Washington, USA |
| Key people | Peter Rose, Chairman & CEO |
| Industry | Logisticts Services |
| Products | Freight Forwarding Services Customs Brokerage |
| Revenue |  $3.902 billion USD (2005) |
| Operating income | $305 million USD (2005) |
| Net income | $219 million USD (2005) |
| Employees | 10,566 (2005) |
| Slogan | You'd be surprised how far we'll go for you. |
| Website | www.expeditors.com |
Expeditors International of Washington, Inc. NASDAQ: EXPD is a global logistics and freight forwarding company based in Seattle, Washington, USA.
Contents |
[edit] Company History
Expeditors was founded in Seattle, Washington in 1979. Expeditors was one of the first companies to marry Customs clearance services with traditional freight forwarding.
Currently, Expeditors has 226 locations worldwide (2005) providing staff of over 10,000 who satisfy the needs of international trade using integrating information systems.
Services include customs clearance, vendor consolidation, air and ocean freight forwarding, insurance, ocean consolidation, distribution, professional services (Tradewin), supply chain software (Tradeflow) and other value-added services. Expeditors' track and trace system is known as exp.o.
[edit] Financial Information
Expeditors International of Washington, Inc. became a publicly traded company in 1984 with the listing of its shares on NASDAQ under the ticker symbol EXPD (NASDAQ: EXPD) and were named to the NASDAQ 100 in 2002. During their first year as a public company, Expeditors International reported more than $50 million in gross revenues and $2.1 million in net earnings. Expeditors is currently #506 on the Fortune 1000 (2005). Total revenues approached four billion ($3.9 billion) in 2005.
The company CEO is Peter Rose, no relation to the baseball player of the same name.
They are known in the financial services community for their unconventional and entertaining Securities & Exchange Committee Filings - which are rumored to be written by Peter Rose himself, as well as its responses to questions submitted to the company (which are placed on Expeditors' Investor website).
