$EXPD (Expeditors International of Washington Inc.)

$EXPD {{ '2015-12-02T16:55:34+0000' | timeago}} • SEC

$EXPD's net cash provided by operating activities for 3Q15 and 9 months ended Sept. 30, 2015 increased by $46MM and $144MM from the previous year period, primarily due to improvements in working capital and higher earnings. At Sept. 30, 2015, working capital was $1.28Bil, including cash and cash equivalents and short-term investments of $977MM.

$EXPD {{ '2016-11-08T19:49:41+0000' | timeago}} • Announcement

$EXPD posted 3Q16 earnings of $108MM or $0.59 per share, down 9% from a year ago. Revenues decreased 5% to $1.6Bil. Operating income fell 13% to $167MM.

$EXPD {{ '2016-08-02T16:03:09+0000' | timeago}} • Announcement

CEO Jeffrey Musser said $EXPD remains optimistic about its ability to generate profitable growth, given its position in the global marketplace, people and resources. $EXPD remains focused on implementing strategic plan, with emphasis on markets to and within China and by further leveraging its strength in North America, Musser added.

$EXPD {{ '2016-08-02T15:59:10+0000' | timeago}} • Announcement

Logistics services provider $EXPD reported a decline in 2Q15 earnings due to lower revenues despite a decline in costs and expenses. Net income slid to $116.05MM from $117.76MM last year, while EPS rose to $0.63 from $0.61 on lower weighted average shares outstanding. Revenues fell by 13% to $1.48Bil.

$EXPD {{ '2016-05-25T19:37:27+0000' | timeago}} • SEC

$EXPD's net cash provided by operating activities in 1Q16 was $236MM versus $134MM in 2Q15. The increase of $102MM for 1Q16 is mainly due to changes in working capital accounts. At March 31, 2016, working capital was $1.23Bil, including cash and cash equivalents and short-term investments of $1.01Bil. The company had no long-term debt at 1Q16-end.

$EXPD {{ '2016-05-25T19:31:52+0000' | timeago}} • SEC

During 1Q16, $EXPD used cash to repurchase 1.5MM shares to reduce the number of total outstanding shares, compared to 1.6MM shares in 1Q15. Subsequent to the end of 1Q16, on May 3, 2016, the company's BoD declared a semi-annual dividend of $0.40 per share payable on June 15, 2016 to shareholders of record as of June 1, 2016.

$EXPD {{ '2016-05-03T14:13:14+0000' | timeago}} • Announcement

$EXPD reported 1Q16 earnings of $96.8MM, or $0.53 per share, compared with $106.7MM, or $0.55 per share a year ago. Revenue fell 15% to $1.42Bil.

$EXPD {{ '2016-05-03T13:56:08+0000' | timeago}} • Announcement

Global logistics and freight forwarding company $EXPD reported lower 1Q16 results, hurt by a slowing global trade. The quarter saw a dip in Airfreight tonnage as well as ocean container volume, the company said.

$EXPD {{ '2016-03-09T16:12:40+0000' | timeago}} • SEC

At Dec. 31, 2015, $EXPD had cash, cash equivalents and short-term investments of $808MM, of which $362MM was invested at various short-term market interest rates. $EXPD had no significant short-term borrowings at Dec. 31, 2015. A hypothetical change in interest rate of 10 points at Dec. 31, 2015 would not have significant impact on earnings.

$EXPD {{ '2016-03-09T16:00:41+0000' | timeago}} • SEC

$EXPD's net cash used in financing activities for 2015 rose to $635MM from $606MM in 2014. $EXPD uses proceeds from stock option exercises, employee stock purchases and available cash to repurchase common stock on open market to limit growth in issued and outstanding shares. During both 2015 and 2014, $EXPD used cash to repurchase 13MM shares.

$EXPD {{ '2016-03-09T15:57:47+0000' | timeago}} • SEC

$EXPD's net cash used in investing activities for 2015 decreased to $7MM from $79MM last year. The company had capital expenditures of $44MM, up from $37MM last year. Capital expenditures in 2015 related primarily to continuing investments in technology, office furniture and equipment and leasehold improvements.

$EXPD {{ '2016-03-09T15:53:18+0000' | timeago}} • SEC

$EXPD's net cash provided by operating activities for 2015 rose to $565MM from $395MM last year. This rise was primarily due to higher earnings and changes in working capital. At Dec. 31, 2015, working capital was $1.13Bil, including cash and cash equivalents and short-term investments of $808MM. The company had no long-term debt at Dec. 31, 2015.

$EXPD {{ '2016-03-09T15:50:18+0000' | timeago}} • SEC

$EXPD's customs brokerage and other services net revenues for 2015 rose by 6% from 2014, primarily as result of higher volumes from existing and new customers in North America. North America net revenues grew 10%, as result of higher volumes from existing and new customers. Europe net revenues fell 4%, due to general market conditions.

$EXPD {{ '2016-03-09T15:47:33+0000' | timeago}} • SEC

$EXPD's direct ocean freight forwarding net revenues for 2015 grew by 8% from 2014, as result of higher volumes, principally in North America, Europe and North Asia. Order management net revenues rose 7%, mostly due to higher volumes from existing customers and new business, primarily in North and South Asia.

$EXPD {{ '2016-03-09T15:42:48+0000' | timeago}} • SEC

$EXPD's ocean freight and ocean services revenues for 2015 increased by 1% from last year. This was primarily due to a 3% rise in container volumes, despite lower average sell rates to customers. The company decreased average sell rates during last 9 months of 2015 in response to lower overall market demand and growth in carrier capacity.

$EXPD {{ '2016-03-09T15:38:31+0000' | timeago}} • SEC

$EXPD's Airfreight services revenues for 2015 decreased by 1% from the previous year. This decline was due primarily to lower average sell rates in response to competitive market conditions in North America, Europe and North Asia, partially offset by a 6% growth in tonnage.

$EXPD {{ '2016-02-23T16:18:58+0000' | timeago}} • Announcement

$EXPD's revenue from Airfreight services for 4Q15 declined to $679.72MM from $780.01MM in the previous year quarter and that from ocean freight and ocean services decreased to $491.54MM from $568.25MM. Revenue from customs brokerage and other services rose to $424.96MM from $420.57MM in the prior year quarter.

$EXPD {{ '2016-02-23T16:15:45+0000' | timeago}} • Announcement

Logistics services provider $EXPD reported a 15% rise in 4Q15 earnings on available ocean and air carrier capacity and favorable spot market buying opportunities. Net income grew to $114.45MM or $0.61 per share from $99.38MM or $0.51 per share. Revenues fell by 10% to $1.6Bil on lower average sell rates and volumes, while non-GAAP revenue rose 3%.

$CHRW {{ '2016-02-03T14:00:53+0000' | timeago}} • Webcast

$CHRW, which competes with $EXPD and $FDP, said that the company finished the year with a headcount of 13,159 employees, up 14% YoverY. The company said that in Transportation, net revenue margin was 19%, the best margin since 4Q08. In Truckload, volume rose 5% and thus far in 2016 $CHRW's volume growth is similar to 2H15.

$EXPD {{ '2015-12-02T16:55:34+0000' | timeago}} • SEC

$EXPD's net cash provided by operating activities for 3Q15 and 9 months ended Sept. 30, 2015 increased by $46MM and $144MM from the previous year period, primarily due to improvements in working capital and higher earnings. At Sept. 30, 2015, working capital was $1.28Bil, including cash and cash equivalents and short-term investments of $977MM.

$EXPD {{ '2015-12-02T16:53:01+0000' | timeago}} • SEC

$EXPD's effective income tax rate for 9 months ended Sept. 30, 2015 fell to 37.6% from 38.1% last year, principally the result of an increasingly higher proportion of its total outstanding stock options being non-qualified grants. Effective tax rate for 3Q15 rose to 38% from 37.4% in the previous year quarter.

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