Core Insights - American Worldwide Agencies (AWA) has announced an agreement to acquire UAC USA, with financial terms undisclosed. The deal will take effect on Monday [1][2]. Company Overview - AWA, based in Hawthorne, California, operates as a neutral wholesaler connecting domestic importers and exporters with global forwarders and transportation providers. UAC USA, located in Grapevine, Texas, is an airfreight wholesaler and consolidator serving major gateways such as Chicago, Los Angeles, and Dallas [2]. Strategic Implications - The acquisition will enhance AWA's coverage and position it as a single source for both air and ocean freight forwarding. Customers are expected to benefit from increased capacity and more frequent air departures, along with additional warehousing and project freight services [2][3]. Operational Enhancements - AWA's CEO, Graham Burford, emphasized that the acquisition strengthens the company's physical footprint and operational capabilities, ensuring continuity and confidence during the transition. Freight handled by UAC USA will operate under the AWA brand starting Monday [3]. Customer Assurance - UAC International's CEO, Mark Kellett, expressed confidence in AWA's professionalism and commitment to service excellence, assuring customers of a seamless transition and enhanced service levels under AWA's leadership [4].

Core Viewpoint - Expeditors International of Washington, Inc. has declared a semi-annual cash dividend of $0.77 per share, payable on December 15, 2025, to shareholders of record as of December 1, 2025 [1] Financial Performance - For the third quarter of 2025, diluted net earnings attributable to shareholders per share (EPS) increased by 1% to $1.64, while net earnings attributable to shareholders decreased by 3% to $222 million [6] - Operating income for the third quarter of 2025 decreased by 4% to $288 million, and revenues also decreased by 4% to $2.9 billion [6] - In contrast, airfreight tonnage increased by 4% during the same period [6] - For the second quarter of 2025, EPS increased by 8% to $1.34, with net earnings attributable to shareholders rising by 5% to $184 million [8] - Operating income for the second quarter increased by 11% to $248 million, and revenues increased by 9% to $2.7 billion [8] Company Overview - Expeditors is a global logistics company headquartered in Bellevue, Washington, employing trained professionals across 172 district offices and various branch locations on six continents [2] - The company offers a range of services including air and ocean freight consolidation, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing, distribution, and customized logistics solutions [2] Leadership Changes - David A. Hackett has been appointed as Senior Vice President and Chief Financial Officer, effective October 1, 2025, following the retirement of the current CFO, Bradley S. Powell [7]