Expeditors International of Washington South Asia — Direct Operating Costs decreased by 3.8% to $324.25M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 15.2%, from $281.50M to $324.25M. Over 4 years (FY 2021 to FY 2025), South Asia — Direct Operating Costs shows a downward trend with a -7.6% CAGR. This is a positive signal — lower values indicate better performance for 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.
The direct costs incurred to provide logistics services in the South Asia segment, primarily consisting of payments to t...
Often labeled as 'Cost of Services' or 'Transportation Costs' in logistics financial reporting.
expd_segment_south_asia_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 | $335.22M | $445.97M | $615.66M | $538.88M | $507.47M | $416.82M | $288.01M | $157.62M | $134.48M | $145.29M | $175.21M | $164.02M | $223.24M | $369.91M | $341.28M | $281.50M | $277.36M | $318.61M | $337.13M | $324.25M |
| QoQ Change | — | +33.0% | +38.0% | -12.5% | -5.8% | -17.9% | -30.9% | -45.3% | -14.7% | +8.0% | +20.6% | -6.4% | +36.1% | +65.7% | -7.7% | -17.5% | -1.5% | +14.9% | +5.8% | -3.8% |
| YoY Change | — | — | — | — | +51.4% | -6.5% | -53.2% | -70.8% | -73.5% | -65.1% | -39.2% | +4.1% | +66.0% | +154.6% | +94.8% | +71.6% | +24.2% | -13.9% | -1.2% | +15.2% |