Summary of Expeditors International of Washington (NYSE:EXPD) Update / Briefing Company Overview - **Company**: Expeditors International of Washington (NYSE: EXPD) - **Event**: Webinar on the Customs ACE Portal - **Date**: January 28, 2026 Key Points Industry and Company Context - The webinar focused on the **Automated Commercial Environment (ACE) Portal**, a critical tool for importers to access customs data and manage import/export transactions [7][8][9] - The ACE Portal is essential for compliance with trade laws and regulations, providing functionalities for monitoring customs entries and historical reporting [7][8] Core Insights and Arguments - **ACE Portal Functions**: - Direct access to customs data and import/export transactions [7] - Internal control and record-keeping for compliance [7] - Key functions include monitoring customs entries, creating blanket statements, querying anti-dumping cases, and accessing near real-time data [8][9] - **Access Levels**: - There are different user roles within the ACE Portal: Trade Account Owner, Proxy Trade Account Owner, and Account User [16][17][18] - Trade Account Owners have full control and can grant access to others, while Proxy Trade Account Owners can perform similar functions and are easier to upgrade if the primary owner leaves [17][18] - **Communication with Customs**: - Users can choose between mail and portal communication methods for receiving notifications from Customs [33][34] - It is crucial to keep notify parties and mailing addresses updated to avoid missed communications [34] - **Reporting and Auditing**: - Users can run various reports to audit entries filed by brokers, ensuring correct tariff duty regulations are applied [76] - Common reports include Entry Summary reports, customs forms status, and liquidation status [51][53][54] Additional Important Information - **Protests**: - Access to file protests is not granted by default and must be requested through ACE Support [56] - Users can track the status of filed protests within the portal [60] - **Upcoming Changes**: - Manual checks for refunds from Customs will cease on February 6, 2026, necessitating the setup of ACH Refund Authorization in the ACE Portal [29] - **Training and Resources**: - The presentation included links to helpful resources for navigating the ACE Portal and filing protests [61][62] - The course is NCBFAA accredited, indicating its relevance and authority in the field [62] Conclusion - The webinar provided comprehensive training on utilizing the ACE Portal effectively, emphasizing the importance of compliance, reporting, and communication with Customs. The insights shared are crucial for importers to navigate the complexities of customs regulations and ensure efficient operations.

太仓海关相关负责人介绍，以前企业选择"水水中转"，换装运输工具要办理多次转关、运抵申报手 续。通过新模式，企业无需在各运输节点多次申报，节约中转等待时间，实现了全程"一次申报、一单 到底"。与传统分段运输模式相比，多式联运模式整体通关时间缩短30%，企业物流综合成本降低15% 至20%，货物在港区及中转节点的滞留时间减少40%以上。 "新模式下，企业只需在启运地完成通关手续，无需再办理货物运抵境内段其余港口的转关手续， 船舶运输计划更可控，成本显著下降。这为优化企业物流链产业链、提升国际竞争力提供了有效支 撑。"参与首票业务的货代公司江苏恒隆物流有限公司副总经理卢亚强表示。 昨天（1月27日），在太仓海关监管下，一艘装载着液压缸油缸筒等货物的船舶，应用多式联运"水 水中转"模式从苏州港太仓港区转经洋山港出口西班牙。据悉，这是江苏首票采用多式联运模式出口的 货物，也标志着这一新模式在江苏落地。 为提高国际多式联运货物通关便利化水平，海关总署在总结前期出口货物铁公多式联运业务模式试 点经验的基础上，决定扩大进出口货物多式联运业务模式试点，于昨天启动进出口货物海铁联运和"水 水中转"的多式联运业务模式应用。 多式联 ...

Group 1 - The webinar focuses on tariff relief for Department of Defense (DoD) contractors and subcontractors, specifically explaining DCMA duty-free processes [1] - The session is structured to last 45 minutes, followed by a Q&A section, encouraging participants to submit questions throughout the presentation [2]

Core Viewpoint - The automation of customs visa operations has significantly accelerated the customs clearance process for imported goods, enhancing efficiency and freshness of products available to consumers [3][4]. Group 1: Automation Impact - Since the implementation of the automated visa issuance model on December 15, 2025, Beijing Customs has issued over 1,400 electronic certificates for imported goods such as yogurt, fresh aquatic products, and bird's nest [4]. - The new system allows for same-day issuance of the "Entry Goods Inspection and Quarantine Certificate," reducing the time from declaration to receipt of the certificate from several days to mere minutes [3][4]. - The automation process replaces manual steps with a streamlined digital system, which lowers operational costs for businesses while ensuring the quality and safety of imported products [4]. Group 2: Consumer Benefits - The expedited customs process has led to a significant increase in customer satisfaction, as products can be placed on shelves much faster than before, with some items being available just four days after production [3][4]. - The automation has particularly benefited perishable goods, ensuring that they reach consumers in a fresher state, thus enhancing the overall shopping experience [3][4].

Core Viewpoint - The export of wind power equipment from Xinjiang to Central Asian countries is increasing, driven by advanced technology and infrastructure experience from Chinese companies, which are also expanding their international market presence [1][2]. Group 1: Company Developments - Xinjiang Feichi International Freight Forwarding Co., Ltd. has successfully completed the export of over 230 vehicles of wind power equipment, marking a significant achievement in their operations [1]. - The company has been involved in the export of large wind power equipment since 2016 and currently operates over 100 specialized vehicles for this purpose [1]. - New orders for wind power equipment exports are expected to exceed last year's figures, indicating a growing demand in the market [1]. Group 2: Industry Trends - The export destinations for wind power equipment have expanded to include Uzbekistan and Azerbaijan, in addition to Kazakhstan [1]. - The customs authorities have established dedicated channels for oversized equipment, improving the efficiency of the customs clearance process [1]. - According to statistics from the Horgos Customs, a total of 948 vehicles of wind power equipment were exported through the Horgos port in the first 11 months of 2025, highlighting the port's significance in the wind power equipment export sector [2].

Core Insights - The Dongguan-Hong Kong International Air Cargo Center has facilitated over 50 billion yuan in import and export value since its operation began on April 18, 2023, with a significant increase of 90.32% in 2025, reaching 29.721 billion yuan [1] - This project exemplifies the integration of cross-border air and sea transport, enhancing the synergy between manufacturing in the Greater Bay Area and the aviation industry in Hong Kong [1] Group 1 - The Air Cargo Center has implemented a direct airside transport model, extending the logistics capabilities of Hong Kong International Airport to Dongguan, thereby promoting deep integration of the two regions' industries [1] - Huangpu Customs has optimized regulatory services to support this new logistics channel, including embedding customs supervision into air security checks and achieving rapid customs clearance while ensuring safety [1] - Smart regulatory models have been introduced, allowing for 24-hour automated operations at the Air Cargo Center, including automated inspections and sealing of goods [1] Group 2 - The establishment of the Air Cargo Center has significantly improved operational efficiency for local businesses, with one company reporting a tenfold increase in business volume and a fourfold increase in customer numbers [2] - Monthly import and export volumes at the Air Cargo Center have surged from an average of 270 tons to 2,356 tons, with 140 air freight forwarders obtaining delivery qualifications and 27 airlines recognizing the center [2] - The center has opened 11 dedicated air freight routes and is currently serving 1,353 enterprises in the Greater Bay Area, indicating the development of a robust aviation industry ecosystem [2]

Group 1: Core Insights - The article emphasizes the importance of understanding the customs declaration process, customs inspection points, and air-sea transportation services for the smooth import of hazardous materials from Japan [1][3][8]. Group 2: Customs Declaration Process - Importers must familiarize themselves with relevant laws and regulations regarding the classification, labeling, packaging, and transportation of hazardous materials to ensure compliance with national standards [3]. - Required documentation for customs declaration includes contracts, invoices, packing lists, bills of lading, hazardous material safety data sheets, and certification reports [3]. - Customs declaration forms must be accurately filled out according to the specified format to avoid delays [3]. Group 3: Customs Inspection Process - Customs will review submitted documentation to verify its authenticity and completeness [4]. - Physical inspections of the goods may be conducted by customs, focusing on the outer packaging, labeling, quantity, and quality of hazardous materials [4]. - Laboratory testing may be required for certain hazardous materials to ensure safety [4]. Group 4: Air-Sea Transportation Services - Air transportation is recommended for urgent shipments of hazardous materials, providing door-to-door convenience [6]. - Sea transportation is more cost-effective for bulk imports of hazardous materials, despite longer transit times [6]. - Safety measures during transportation include proper packaging, labeling, and strict monitoring and management [6]. Group 5: Important Considerations for Importing Hazardous Materials - Importers should understand the relevant regulations and standards for exporting hazardous materials from Japan to ensure compliance [8]. - Clear terms regarding delivery, transportation methods, and liability should be established in contracts to prevent disputes [8]. - Collaboration with reputable service providers is essential to ensure safety and quality during transportation [8]. - Maintaining communication with customs and service providers throughout the process is crucial for smooth operations [8].

Industry Pain Points Analysis - The European dedicated logistics sector is facing complex technical and operational challenges due to increasingly stringent compliance regulations from the EU, a diversified last-mile delivery network, and market demands for a balance between timeliness and cost [1][3] - Since the implementation of the EU VAT reform and the phased introduction of the Import Control System (ICS2) in 2021, the digitalization and transparency requirements for customs clearance processes have significantly increased, posing severe tests on logistics providers' tax handling capabilities and data declaration accuracy [1] - Delays in customs clearance due to inaccurate declaration information or improper tax model selection can extend the overall transportation cycle by an average of 3-7 working days, potentially incurring high penalties and storage costs [1] Operational Challenges - The efficiency of collaboration between local trucking and postal/express delivery networks, the stability of capacity resources during peak seasons, and the specialized handling capabilities for oversized and sensitive goods are key differentiators among service providers [3] - Traditional logistics solutions struggle to balance the triangle of "compliance," "timeliness," and "cost," often sacrificing compliance and safety for speed or extending delivery times due to excessive cost control [3] - Testing indicates that traditional segmented outsourcing models create an average of over two information flow gaps from collection in China to delivery in Europe, directly impacting customer visibility and control over in-transit goods [3] Zhejiang Hechen Freight Forwarding Co., Ltd. Technical Solutions - Zhejiang Hechen Freight Forwarding Co., Ltd. has developed an intelligent, full-link European dedicated line solution leveraging ten years of experience in cross-border logistics and a technology empowerment system [4] - The core technology is its self-developed "full-link digital control platform," which integrates order management, intelligent loading, compliance verification, tax logic engines, and real-time warning systems [4] - The solution features a "smart customs clearance engine" that adapts to various EU tax rules, ensuring compliance and economic efficiency by automatically matching and recommending optimal customs and tax models based on cargo type, value, destination, and customer qualifications [4] Performance Data Supporting the Technical Solution - The "Euro Tax Pass" compliance service package has achieved a customs clearance first-pass approval rate of over 98.5% at major clearance ports in the Netherlands, Belgium, and Germany, with an average processing time reduced by approximately 30% compared to industry benchmarks [5] - The mixed delivery solution combining sea and air freight with local trucking has shown stable standard delivery times of 22-35 calendar days (sea freight) and 5-10 working days (air freight), with over 15 visibility nodes throughout the entire journey [5] - Key information updates at critical nodes (such as arrival at port, customs clearance completion, and end delivery) are controlled within a delay of 2 hours [5] Application Effectiveness Evaluation - The value of Zhejiang Hechen Freight Forwarding Co., Ltd.'s European dedicated line solution lies in the certainty and comprehensive cost optimization it provides, particularly for large goods such as home furnishings, garden tools, and electric vehicles [7] - The customized large goods warehousing service has reduced the appointment rejection rate due to size and weight issues by over 70% for clients using services directed to Amazon FBA or Walmart WFS warehouses [7] - Compared to traditional segmented outsourcing or single-channel solutions, the advantages of the solution are reflected in its "integrated" and "customizable" nature, which reduces communication costs and risk transfer by centralizing cargo rights and information responsibilities [9] User Feedback and Value Perception - Clients perceive the core value of the service as exceeding mere transportation, functioning more as a "stabilizer for cross-border logistics" [9] - The solution provides proactive risk warnings and emergency response plans, helping clients reduce uncertainties in complex cross-border trade [9] - Data indicates that foreign trade enterprises and cross-border e-commerce sellers using the solution have experienced a noticeable decline in the frequency of supply chain disruptions caused by logistics issues [9]

Group 1 - The opening of Yiwu (Suxi) International Hub Port has significantly improved logistics efficiency, reducing transportation distance by over 100 kilometers and lowering logistics costs by 10-20% [1][2] - The new logistics channel connecting Yiwu to Ningbo Zhoushan Port has led to a 20% increase in export volume for companies, with a notable rise in demand for products in the Middle East and Southeast Asia [2][3] - The sea-rail intermodal transport has expanded its service range to inland areas, with over 100 routes established, resulting in a record container throughput of 40 million TEUs at Ningbo Zhoushan Port [3] Group 2 - Companies are focusing on demand-driven strategies, developing new products, and expanding customer bases to adapt to the changing trade environment [4] - Plans are underway for companies to regularly engage in the export of used new energy vehicles, targeting markets in the Middle East and Africa [4]

Core Viewpoint - The establishment of high-standard logistics facilities is aimed at reducing overall logistics costs for society, enhancing efficiency in international trade through improved transportation routes and services [1][2]. Group 1: Logistics and Transportation - The Yiwu (Suxi) International Hub Port opened in June, facilitating sea-rail intermodal transport, which reduces the transportation distance by over 100 kilometers and lowers logistics costs by 10-20% [2]. - The new logistics channel connects Yiwu, known as the "world supermarket," with Ningbo Zhoushan Port, the "largest port in the world," enhancing export competitiveness through reduced costs and faster delivery times [3]. - As of November, the sea-rail intermodal transport business volume at Ningbo Zhoushan Port surpassed the total for the previous year, with over 100 routes established, covering 16 provinces and regions [4]. Group 2: Export Growth and Market Trends - Companies are experiencing significant growth in exports, with a reported 20% increase in total export value in the first 11 months of the year, driven by demand for diverse products in international markets [3]. - The volume of containers shipped to the Middle East has increased significantly, with over 16,000 standard containers shipped in the first 11 months, nearing the total volume for the previous year [3]. - The demand for high-value products, such as solar photovoltaic panels and home energy storage systems, has notably risen in Southeast Asian markets, contributing to a nearly 30% growth in sea-rail intermodal export business for some companies [3][5]. Group 3: Future Business Strategies - Companies are focusing on demand-driven strategies, aiming to develop new products and expand customer bases in response to changing market trends [5]. - Plans are underway to regularly export used new energy vehicles, leveraging Yiwu's advantages in foreign trade and logistics to penetrate markets in the Middle East and Africa [5].