News / Expeditors 'a takeover target' as results and revenue prospects disappoint

03/08/2016

Senior executives from Expeditors, North America’s largest freight forwarder, put on a brave face yesterday, releasing second-quarter and first-half results revealing revenue and profit on the decline.

Total revenues for group operations – air and sea freight forwarding and customs brokerage services – fell year-on-year in Q2 by 13% to $1.47bn, while net profit ...

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