Expeditors numbers reflect difficult ocean freight market in 4Q

With weakness in its ocean freight business, Expeditors International turned in a fourth quarter 2025 performance that was weaker in several key financial benchmarks than a year earlier. Ocean freight tonnage was down year-to-year by 8% in October, 7% in November and 4% in December. That resulted in an overall decline of 6%. That helped lead to an overall 3% decline in revenue for the company, dropping to $2.86 billion from $2.95 billion. And while the cost of transportation was down by 4%, the cost of ...