EXPD Description: Expeditors International of Washington, Inc. provides logistics services. The company offers airfreight services, including air freight consolidation and forwarding; ocean freight and ocean services comprising ocean freight consolidation, direct ocean forwarding, and order management; customs brokerage and other services, such as multi-modal shipping, and warehousing and distribution services; and customs clearance, purchase order management, vendor consolidation, time-definite transportation services, cargo insurance, and other logistics solutions. It acts as a freight consolidator or as an agent for the airline, which carries the shipment. The company offers ancillary services that include preparation of shipping and customs documentation, packing, crating and insurance services, negotiation of letters of credit, and the preparation of documentation to comply with local export laws. The company’s customers primarily include retailers and distributors of consumer electronics, department store chains, and clothing and shoe wholesalers, as well as high-tech, industrial, and automotive manufacturers. It operates in the Americas, North Asia, South Asia, Europe, the Middle East, Africa, and India. Expeditors International of Washington, Inc. was founded in 1979 and is headquartered in Seattle, Washington. |