“Expeditors Defies Odds: Surpasses Profit Predictions Despite Sinking Revenue & Weak Logistics Demand”
Expeditors International of Washington Inc., a global logistics company, reported its Q1 2021 results, which showed a net income of $226 million or $1.45 per share, down from $346.1 million or $2.05 per share in the same period last year. While the profit exceeded expectations, the company’s revenue fell 44.4% to $2.59 billion, underperforming the […]