Company profile

Future of Expeditors International of Washington

#
Rank
872
| Quantumrun Global 1000

Expeditors (also known as Expeditors International of Washington) is a worldwide freight and logistics forwarding company headquartered in Seattle, Washington.

Home Country:
Industry:
Transportation and Logistics
Founded:
1979
Global employee count:
16000
Domestic employee count:
6000
Number of domestic locations:
20

Financial Health

Revenue:
$6098037000 USD
3y average revenue:
$6426463333 USD
Operating expenses:
$1493873000 USD
3y average expenses:
$1448981667 USD
Funds in reserve:
$974435000 USD
Market country
Revenue from country
0.88

Asset Performance

  1. Product/Service/Dept. name
    Customs brokerage and other services
    Product/Service revenue
    2712819000
  2. Product/Service/Dept. name
    Airfreight services
    Product/Service revenue
    2249654000
  3. Product/Service/Dept. name
    Ocean freight and ocean services
    Product/Service revenue
    1654158000

Innovation assets and Pipeline

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the transportation and logistics/shipping sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, autonomous vehicles in the form of trucks, trains, planes, and cargo ships will revolutionize the logistics industry, allowing cargo to be delivered faster, more efficiently, and more economically.

*This automation will be vital to accommodate the growth in regional and international shipping driven by the economic growth projected for the African and Asian continents—projections that are themselves spurred by their massive population and internet penetration growth forecasts.

*The plummeting price and increasing energy capacity of solid-state batteries will result in a greater adoption of electric-powered commercial aircraft. This shift will lead to significant fuel cost savings for short haul, commercial airlines.

*Significant innovations in aeronautical engine design will reintroduce hypersonic airliners for commercial use that will finally make such travel economical for airlines and consumers.

*Throughout the 2020s, as the e-commerce industry continues to grow in developed and developing countries, postal and shipping services will flourish, less to deliver mail and more to deliver purchased goods.

*RFID tags, a technology used to track physical goods remotely since the 80s, will finally lose their cost and technology limitations. As a result, manufacturers, wholesalers, and retailers will begin placing RFID tags on every individual item they have in stock, regardless of price. Thus, RFID tags, when coupled with the Internet of Things (IoT), will become an enabling technology, enabling the enhanced inventory awareness that will result in significant new investment in the logistics sector.

COMPANY’S FUTURE PROSPECTS

Company Headlines