Ocean Freight And Ocean Services — Direct Operating Costs
Expeditors International of Washington Ocean Freight And Ocean Services — Direct Operating Costs decreased by 3.3% to $416.02M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 27.5%, from $573.90M to $416.02M. Over 4 years (FY 2021 to FY 2025), Ocean Freight And Ocean Services — Direct Operating Costs shows a downward trend with a -17.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may signal rising carrier rates or operational inefficiencies, while a decrease relative to revenue suggests improved cost management or favorable market rates.
Detailed definition
This metric captures the direct costs incurred to provide ocean freight and related services, primarily consisting of pa...
Peer comparison
Comparable to direct cost of services or cost of revenue reported by other third-party logistics (3PL) firms and freight forwarders.
expd_segment_ocean_freight_and_ocean_services_direct_operating_costsHistorical Data
| 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 | $862.25M | $1.25B | $1.51B | $1.60B | $1.40B | $1.34B | $842.10M | $483.68M | $405.81M | $387.67M | $357.79M | $413.98M | $478.12M | $783.83M | $681.02M | $573.90M | $483.48M | $542.30M | $430.17M | $416.02M |
| QoQ Change | — | +45.5% | +20.0% | +6.3% | -12.4% | -4.2% | -37.3% | -42.6% | -16.1% | -4.5% | -7.7% | +15.7% | +15.5% | +63.9% | -13.1% | -15.7% | -15.8% | +12.2% | -20.7% | -3.3% |
| YoY Change | — | — | — | — | +62.6% | +7.1% | -44.1% | -69.8% | -71.1% | -71.1% | -57.5% | -14.4% | +17.8% | +102.2% | +90.3% | +38.6% | +1.1% | -30.8% | -36.8% | -27.5% |
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Frequently Asked Questions
- What is Expeditors International of Washington's ocean freight and ocean services — direct operating costs?
- Expeditors International of Washington (EXPD) reported ocean freight and ocean services — direct operating costs of $416.02M in Q1 2026.
- How has Expeditors International of Washington's ocean freight and ocean services — direct operating costs changed year-over-year?
- Expeditors International of Washington's ocean freight and ocean services — direct operating costs decreased by 27.5% year-over-year, from $573.90M to $416.02M.
- What is the long-term trend for Expeditors International of Washington's ocean freight and ocean services — direct operating costs?
- Over 4 years (2021 to 2025), Expeditors International of Washington's ocean freight and ocean services — direct operating costs has grown at a -17.4% compound annual growth rate (CAGR), from $4.36B to $2.03B.
- What does ocean freight and ocean services — direct operating costs mean?
- The direct expenses paid to carriers and service providers to facilitate ocean freight shipments.