News / Bullish Expeditors bucks 2015's 'weak market' trend with increased margins and profits

US freight forwarder Expeditors International yesterday announced increased profits, despite falling volumes and declining freight rates.

The Seattle-headquartered operator was reporting preliminary fourth-quarter and full-year 2015 results.

Fourth quarter-air and sea freight volumes decreased by 1% and 2% respectively on Q4 14, while revenue declined 10% year-on-year, to $1.6bn.

However, Q4 net revenue – what it ...