PresentationSamantha HurstRegional Sales & Marketing Manager for Mid-Atlantic Hello, and good afternoon, everyone. Thank you so much for joining us today. We are going to be focused on getting started with the Customs ACE Portal. We appreciate you jumping on the webinar today to go over this content. We're going to go through a few things related to housekeeping before I turn it over to my friend, Stephanie, who will talk about why we're hosting this webinar today and introduce you to our speaker. First and ...

PresentationMelissa Taylor All right. Thank you, everyone, for joining us today. This is an Onyx webinar really focused on India and how it's going to be navigating its future in a rapidly changing environment. And today, we're going to spend about 45 minutes presenting, and we'll have about 15 minutes for Q&A here at the end. If you could please submit questions throughout. [Operator Instructions] And at the end of this, if you would please complete a survey that you'll receive via e-mail, that will give y ...

With a market cap of $19.1 billion, Expeditors International of Washington, Inc. (EXPD) is a global logistics company that provides airfreight, ocean freight, customs brokerage, and supply chain solutions across the Americas, Asia, Europe, and other regions. It offers a wide range of services, including transportation, warehousing, cargo tracking, insurance, and trade compliance consulting, to support international shipping needs. Companies valued at $10 billion or more are generally considered "large-ca ...

Core Insights - The webinar focuses on Customs Bonds and aims to provide importers with essential information regarding the current trade landscape [1][3]. Group 1 - The webinar is hosted by Sarah Maas, who is the Midwest regional Sales Operations and Marketing contact based in Minneapolis [3]. - The duration of the webinar is approximately 1 hour, with 45 minutes dedicated to information presentation and 10 to 15 minutes for Q&A [3]. - The information presented is accurate as of the moment of the webinar, and it is being recorded for future reference [3].

Core Insights - Expeditors International of Washington, Inc. (NYSE:EXPD) is recognized as one of the 13 undervalued dividend aristocrats to consider for investment [1] Financial Performance - For Q4 2025, Expeditors reported an EPS of $1.49, exceeding estimates by $0.03, and revenue of $2.86 billion, surpassing forecasts by nearly $24 million, despite a year-over-year decline of over 3% [3] - The net earnings attributable to shareholders for Q4 were $201 million, reflecting a 15% decrease compared to the previous year, primarily due to reduced air freight gross margins and ocean sell rates [4] Analyst Ratings and Price Target - On February 25, JPMorgan raised its price target for Expeditors from $132 to $135 while maintaining an 'Underweight' rating on the shares, following the company's Q4 report [2][8] Shareholder Actions - The board of directors of Expeditors authorized a new share repurchase program, allowing for the repurchase of up to $3 billion of the company's common stock [5]

Group 1 - The webinar is hosted by Samantha Hurst, who is the Regional Sales & Marketing Manager for Mid-Atlantic, indicating the company's focus on regional engagement and customer interaction [1] - Technical issues related to audio settings have been acknowledged, with a reminder for participants to check their audio settings to ensure proper communication during the webinar [2] - The company encourages participant interaction by asking attendees to provide feedback on audio quality through reactions, highlighting the importance of effective communication in their presentations [2]

Group 1 - The quiz presented interesting facts about the shipping industry, including the number of shipping containers moved each year, the number of containers lost at sea, and the number of ships that sink annually [2][3] - The correct answer for the number of shipping containers moved each year is 250 million, with 40% of participants answering correctly [3] - The number of containers lost at sea each year is 1,500, with 41% of participants providing the correct answer [4]

Core Insights - Expeditors (EXPD) possesses a unique competitive advantage characterized as a "double moat," primarily driven by a significant "network effect" that allows the company to aggregate thousands of shippers and negotiate bulk space with ocean and air carriers [1] Group 1 - The company is recognized for its ability to leverage a large network of shippers, enhancing its negotiating power with carriers [1] - Expeditors has been successful in compounding knowledge and experience over the years, indicating a strong foundation in the logistics and supply chain industry [1] - The investment philosophy of the company aligns with long-term value creation, reflecting a commitment to sustainable growth [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41871 EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. (Exact name of registrant as specified in its charter) | Washington | 91-1069248 | | --- | - ...

Core Insights - Expeditors International of Washington (EXPD) reported fourth-quarter 2025 earnings of $1.49 per share, exceeding the Zacks Consensus Estimate of $1.46, although this represents an 11.3% decrease year over year. Total revenues reached $2.86 billion, surpassing the Zacks Consensus Estimate of $2.8 billion but down 3.3% year over year due to weakness in ocean freight and services [1][8]. Financial Performance - Airfreight tonnage volume increased by 6% during the quarter, while ocean container volume decreased by 6%. Operating income fell by 17% year over year to $251 million, while total operating expenses decreased by 1.5% year over year to $2.61 billion [2]. - Airfreight Services revenues rose by 4.3% year over year to $1.1 billion, driven by growth in airfreight tonnage on exports from North and South Asia. Conversely, ocean freight and ocean services revenues plummeted by 32.7% year over year to $611.4 million, impacted by pricing volatility and lower volumes. Customs Brokerage and other services revenues increased by 15.5% year over year to $1.14 billion [3]. Shareholder Returns - In the fourth quarter of 2025, EXPD returned $150 million to shareholders through share buybacks. The company returned a total of $875 million to shareholders through share repurchases and dividends in 2025. Additionally, the board approved a new $3 billion share repurchase program, set to take effect after the current program expires. At the end of the fourth quarter, EXPD had cash and cash equivalents of $1.31 billion, up from $1.15 billion at the end of 2024 [4].