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Expeditors earnings fall 46% in 2023 

Airfreight tonnage was down 3% in Q4 

Yael KatzwerbyYael Katzwer
February 20, 2024
in Freight Forwarders
Reading Time: 5 mins read
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Expeditors today reported $9.3 billion in revenue for 2023, a decrease of 46% year over year.  THE BIG PICTURE: Like other forwarders in the air cargo industry, Expeditors was impacted in the fourth quarter and 2023 by high capacity and low demand, which drove down rates. Part of the blame was also attributed to the […]

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