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Expeditors numbers reflect difficult ocean freight market in 4Q
Yahoo Finance· 2026-02-24 18:06
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 ...
First look: Tough market for brokers evident in RXO 4Q earnings
Yahoo Finance· 2026-02-06 11:45
RXO management in its third quarter earnings call, several weeks after the fourth quarter already had begun, said things were not going the way the brokerage would have desired. Several key numbers in RXO’s fourth quarter earnings released Friday morning backed that up. Various numbers showed just how tough the quarter was for RXO, the latest data in line with challenging results reported by standalone brokers and the brokerages within trucking companies. Those various results show what happens when the f ...