Expeditors revenue jumps 42% as ocean volumes grow

Expeditors International reported strong third-quarter results, supported by higher ocean and airfreight volumes and continued demand for customs and logistics services.

Revenue increased by 42% year on year to US$4.1 billion. Operating income rose by 55% to US$445 million, while net earnings attributable to shareholders climbed by 55% to US$345 million.

Diluted earnings per share reached US$2.65, representing an increase of 62% from the third quarter of 2025.

Expeditors returned US$197 million to shareholders through share repurchases during the quarter. Dividends and repurchases totalled US$946 million during the first nine months of 2026.

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