Comment / Supply chain radar: Keep the faith in 'best of breed' Expeditors at your own risk

Tuesday was a fun day.

Expeditors stock skyrocketed in early trade as the Seattle-based 3PL set a new all-time high of $81.15 following the release of its third-quarter (Q3) trading update.

Its financial performance had something to do with it, but I reckon it was a fantastic opportunity for those who had been long the shares close to the $80s a share mark since the previous records of September, to trim their positions.

Any incremental returns from here remain arguably harder to achieve, ...