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Expeditors sees 44% drop in revenue 

Airfreight tonnage volume decreased by 6% 

Yael KatzwerbyYael Katzwer
May 2, 2023
in Archive
Reading Time: 3 mins read
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Seattle-based logistics company Expeditors had a rough first quarter, with revenue of $2.6 billion, a 44% drop from Q1 2022.  WHY IT MATTERS: Like many companies in the airfreight and logistics industries, Expeditors’ Q1 earnings show a significant decline. This results from decreased demand for air cargo and over capacity, according to Jeffrey S. Musser, […]

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