Analysis: Expeditors – the 'Trump trade' impact
Sifting through the filings
These were the prepared remarks on Tuesday of Jeff Musser, president and chief executive officer of Expeditors (EXPD), commenting on his company’s stunning Q2 ’20 performance (sadly don’t expect anything else like calls or public interviews, EXPD has its own way of doing things, and it delivers):
“While volumes for all of our products were down (…) our airfreight revenue was much greater than anticipated. The air market has been particularly unsettled, with the cancellation of so many passenger flights limiting ...
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