Expeditors International of Washington Europe — Direct Operating Costs decreased by 5.9% to $282.07M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.8%, from $271.72M to $282.07M. Over 4 years (FY 2021 to FY 2025), Europe — Direct Operating Costs shows a downward trend with a -6.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue may indicate rising carrier rates or reduced efficiency in freight consolidation.
Direct operating costs consist of the expenses paid to third-party carriers, such as airlines and ocean shipping lines,...
Often labeled as Cost of Services or Purchased Transportation in the logistics industry.
expd_segment_europe_direct_operating_costs| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $376.86M | $389.21M | $485.73M | $417.62M | $464.40M | $453.25M | $432.84M | $372.26M | $288.81M | $263.52M | $276.16M | $254.52M | $262.45M | $279.24M | $296.27M | $271.72M | $293.88M | $318.39M | $299.68M | $282.07M |
| QoQ Change | — | +3.3% | +24.8% | -14.0% | +11.2% | -2.4% | -4.5% | -14.0% | -22.4% | -8.8% | +4.8% | -7.8% | +3.1% | +6.4% | +6.1% | -8.3% | +8.2% | +8.3% | -5.9% | -5.9% |
| YoY Change | — | — | — | — | +23.2% | +16.5% | -10.9% | -10.9% | -37.8% | -41.9% | -36.2% | -31.6% | -9.1% | +6.0% | +7.3% | +6.8% | +12.0% | +14.0% | +1.1% | +3.8% |