Expeditors International of Washington EXPD Airfreight Services — Direct Operating Costs

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Questions, answered.

What is Expeditors International of Washington's airfreight services — direct operating costs?

Expeditors International of Washington (EXPD) reported airfreight services — direct operating costs of $769.48M in Q1 2026.

How has Expeditors International of Washington's airfreight services — direct operating costs changed year-over-year?

Expeditors International of Washington's airfreight services — direct operating costs increased by 18.7% year-over-year, from $648.49M to $769.48M.

What is the long-term trend for Expeditors International of Washington's airfreight services — direct operating costs?

Over 4 years (2021 to 2025), Expeditors International of Washington's airfreight services — direct operating costs has grown at a -12.4% compound annual growth rate (CAGR), from $5.07B to $2.98B.

What does airfreight services — direct operating costs mean?

This metric captures the direct costs incurred to provide airfreight services, primarily consisting of payments to airlines and other third-party carriers for freight capacity. It represents the variable cost component of the airfreight segment, excluding overhead and administrative expenses. Monitoring these costs is essential for evaluating the company's ability to manage carrier rate fluctuations and maintain gross margins.