Expeditors International of Washington's 15-minute chart has exhibited a notable decline in recent trading sessions, as evidenced by the Bollinger Bands Expanding Downward indicator. Furthermore, the KDJ Death Cross signal at 08/11/2025 10:30 indicates a significant shift in market momentum, with the stock price experiencing a downturn and potentially continuing to decrease in value. This suggests that sellers are driving the market trend, and the momentum of the stock price is trending towards the downside.
Expeditors International of Washington Inc. (EXPD) has appointed David A. Hackett as its new Chief Financial Officer (CFO), effective July 2, 2025. This appointment comes amidst the company's robust financial performance in the second quarter of 2025, with earnings per share (EPS) increasing by 7.2% year-over-year (YoY) to $1.34 [1].
Hackett, a seasoned financial executive with over two decades of experience, brings extensive experience in corporate finance, strategic planning, and mergers and acquisitions. Prior to joining Expeditors, he served as the CFO of a leading logistics and transportation company, where he played a pivotal role in driving financial growth and operational efficiency.
The appointment of David A. Hackett as CFO is expected to further bolster Expeditors' financial performance and strategic initiatives. His appointment coincides with the company's ongoing focus on digital transformation and the integration of advanced technologies to enhance operational efficiency and customer satisfaction.
Expeditors' Q2 2025 financial results underscore the company's resilience and adaptability in the evolving global logistics landscape. Revenue surged by 12% YoY to $4.4 billion, driven by strong growth in both airfreight and ocean freight volumes. Airfreight volume rose by 16% YoY, while ocean volume increased by 7% YoY. Despite the increase in volumes, airfreight revenue per weight decreased by 1% YoY, and ocean revenue per container decreased by 2% YoY, reflecting the company's efforts to manage costs and optimize revenue streams [1].
In the second quarter of 2025, Expeditors International of Washington Inc. reported earnings of $183.57 million, or $1.35 per share, which beat the Street estimates. The company's revenue for the period rose 8.7% to $2.651 million from $2.439 million last year [2].
References:
[1] https://www.ainvest.com/news/expeditors-q2-eps-1-34-yoy-growth-36-2508/
[2] https://www.nasdaq.com/articles/expeditors-international-washington-inc-announces-climb-q2-income-beats-estimates
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