Expeditors International gains as strong airfreight demand lifts profit

Expeditors International of Washington

04/08/2026 14:48

** Shares of Expeditors International of Washington EXPD.N rise nearly 1% to $172 in choppy early trading
** The global freight forwarder posts higher second-quarter profit as strong demand for airfreight services and shipments tied to AI data-center buildouts boosted revenue
** Co posts quarterly profit of $2.03/share, as compared with $1.34/share from a year earlier
     ** Its Q2 total revenue rises 32% to $3.5 billion, above analysts' estimate of $2.89 billion- according to LSEG data
** Co's airfreight tonnage increased 14% from a year earlier, while ocean container volume remained flat
** Including session's move, shares up 15.4% YTD 

(Reporting by Apratim Sarkar in Bengaluru)
((Apratim.Sarkar@thomsonreuters.com))