Just about every statistic for Expeditors International in the second quarter was significantly higher than it was a year ago.
In the key measurement of volume, airfreight measured in kilos was up 14% for the quarter, with the month-by-month percentage gain rising each month: 13% in April, 14% in May and 15% in June.
Ocean freight did not fare as well, as measured in forty-foot equivalents. It was down 9% in April and up just 1% in May. But it rose 9% in June for an overall flat performance.
That helped lead to a 32% year-on-year increase in revenue, to $3.5 billion from $2.65 billion a year earlier. Operating income rose 41%, to $349.6 million from $247.7 million in 2025. Net income jumped to $2.03 per share from $1.34 a year ago.
Expeditors (NYSE: EXPD) does not hold an earnings call with **** ysts. The prepared comments by CEO Daniel Wall in the earnings announcement celebrated the strong quarter.
#april #june #measured #income
In the key measurement of volume, airfreight measured in kilos was up 14% for the quarter, with the month-by-month percentage gain rising each month: 13% in April, 14% in May and 15% in June.
Ocean freight did not fare as well, as measured in forty-foot equivalents. It was down 9% in April and up just 1% in May. But it rose 9% in June for an overall flat performance.
That helped lead to a 32% year-on-year increase in revenue, to $3.5 billion from $2.65 billion a year earlier. Operating income rose 41%, to $349.6 million from $247.7 million in 2025. Net income jumped to $2.03 per share from $1.34 a year ago.
Expeditors (NYSE: EXPD) does not hold an earnings call with **** ysts. The prepared comments by CEO Daniel Wall in the earnings announcement celebrated the strong quarter.
#april #june #measured #income
3 months ago
