Expeditors International of Washington Inc

EXPD: XNYS (USA)
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$122.00VyxgLbzfljww

Expeditors Earnings: Global Forwarding Markets Still Soft, Though Backdrop Stabilizing

Expeditors International's fourth-quarter gross revenue fell 34% year over year, though this was better than the 50% decline posted last quarter. Revenue came in modestly shy of our forecast on lower-than-anticipated ocean and customs brokerage revenue.

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