News / Expeditors 'adapted well in an erratic quarter' – but earnings disappoint

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07/08/2024

Expeditors’ Q2 results will have left investors disappointed, with softer-than-expected earnings and a “still-heavy” cost base, but revenues remain solid.

Year on year, the forwarder’s revenues increased 9%, to $2.4bn, but operating income fell 10%, to $224m.

President and CEO Jeffery Musser said it had ...

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