Air cargo market strength equals Expeditors’ weakness in 2Q17

Despite transporting near record volumes of both air and ocean freight during 2Q17, Expeditors International of Washington, Inc., reported a 6.6 percent year-over-year drop in net income for the quarter, to U.S.$109 million on “unfavorable pricing.”

Our sister publication, Cargo Facts reports:

Expeditors faces challenging pricing environment in 2Q

 

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