Expeditors International of Washington Inc. Surges to 405th in Trading Volume with $253 Million in Shares Traded

On April 11, 2025, Expeditors International of Washington, Inc. (EXPD) saw a significant increase in trading volume, with a total of $253 million in shares traded, marking a 53.42% rise from the previous day. This surge placed EXPD at the 405th position in terms of trading volume for the day. The stock price also rose by 1.75%.

Expeditors International of Washington, Inc. has announced the appointment of Jeffrey Musser as the new President and Chief Executive Officer. Musser's 38-year tenure with the company has showcased his exceptional leadership and deep understanding of the business, making him a strong candidate for the role.

In the fourth quarter, Parvin Asset Management LLC acquired a new position in Expeditors International of Washington, valued at approximately $42,000. Additionally, New Age Alpha Advisors LLC purchased a new stake in the company, worth about $54,000 during the same period. These investments indicate growing institutional interest in the company's prospects.

Stewart Glendinning, the newly appointed Chief Financial Officer, brings a wealth of expertise in supply chain optimization. His experience at Tyson Foods and Molson Coors positions him well to contribute to Expeditors' financial strategies and operational efficiencies.