expeditors intl wash inc (EXPD) Key Developments
Expeditors International of Washington, Inc. Announces Appointment of Daniel R. Wall to the Position of President, Global Products
Jun 12 15
Expeditors International of Washington Inc. announced the appointment of Daniel R. Wall to the position of President, Global Products. Mr. Wall will assume the company’s product leadership role currently held by R. Jordan Gates. On April 1, 2015 the company announced Mr. Gates’ intention to retire in 2015. His retirement will become effective on July 31, 2015. Mr. Wall started his 28-year career at Expeditors as a messenger responsible for clients’ Customs documents in the Seattle branch office in 1987. During the course of his career, he has held many positions including the District Manager of the Company’s Denver and Seattle offices, Global Director of Account Management, and the position he currently holds as the Company’s Senior Vice President responsible for Ocean Services and Order Management. Mr. Wall is a licensed Customs Broker and also holds an IATA/FIATA certificate. During his tenure at Expeditors Mr. Wall returned to school to complete his education and holds an Executive MBA from Seattle University.
Expeditors International of Washington, Inc. Declares Semi-Annual Cash Dividend, Payable on June 15, 2015
May 7 15
Expeditors International of Washington Inc. announced that its Board of Directors has declared a semi-annual cash dividend of $0.36 per share, payable on June 15, 2015 to shareholders of record as of June 1, 2015.
Expeditors International of Washington Inc. Announces Consolidated Unaudited Earnings Results for the First Quarter Ended March 31, 2015
May 6 15
Expeditors International of Washington Inc. announced consolidated unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total revenues of $1,677,526,000 compared with $1,491,645,000 for the same period a year ago. Operating income was $168,883,000 compared with $135,203,000 for the same period a year ago. Earnings before income taxes was $171,649,000 compared with $137,619,000 for the same period a year ago. Net earnings attributable to shareholders was $106,704,000 or $0.55 per diluted share compared with $83,824,000 or $0.42 per diluted share for the same period a year ago. Net cash from operating activities was $134,394,000 compared with $173,857,000 for the same period a year ago. Purchase of property and equipment was $9,445,000 compared with $8,760,000 for the same period a year ago.
Expeditors International of Washington Inc. to Report Q1, 2015 Results on May 06, 2015
Apr 11 15
Expeditors International of Washington Inc. announced that they will report Q1, 2015 results on May 06, 2015
R. Jordan Gates Desire to Retire Expeditors International of Washington, Inc. as President and Chief Operating Officer
Apr 1 15
April 1, 2015, Expeditors International of Washington Inc. announced that R. Jordan Gates, president and chief operating officer, has informed the company of his desire to retire in 2015 and, accordingly, that he will not stand for re-election to the board of directors at the next annual meeting of shareholders on May 21, 2015. The company expects to announce Mr. Gates' retirement date upon the naming of his replacement and completion of a transition plan, which is expected to be finalized later this year 2015.