News / Expeditors' CEO praises staff for a 'determined focus on profitability' last year

Expeditors International recorded a strong end to the year, with an 18% surge in revenue, pushing full-year figures to show similar growth.

The 3PL saw more than $8bn in income over the course of 2018, generating some $796m in operating profit,14% up on 2017.

Chief executive Jeffrey Musser praised the performance of the Expeditors’ workforce: “Air and ocean markets have continued to be highly unpredictable, with shifts in the balance of supply and demand requiring extra attention to address customer needs.

“These are the ...