The Company is engaged in the business of providing global logistics services. It offers its customers a seamless international network supporting the movement and strategic positioning of goods.
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NEW YORK (MarketWatch) -- Expeditors International of Washington Inc. /quotes/comstock/15*!expd/quotes/nls/expd (EXPD 50.52, -1.00, -1.94%) said Tuesday its third-quarter earnings rose to $96.1 million, or 44 cents a share, from $57.8 million, or 27 cents a share, in the year-ago period. Revenue rose to $1.67 billion from $1.04 billion. Wall Street analysts expected earnings of 42 cents a share and revenue of $1.61 billion, according to a survey by FactSet Research. "It is particularly reassuring when market share gains made when volumes were down actually show up en masse when the market turns," the company said.