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EXPEDITORS INTERNATIONAL OF WASHINGTON INC [EXPD] reports annual net loss of $751.8 million

EXPEDITORS INTERNATIONAL OF WASHINGTON INC [EXPD] reports annual net loss of $751.8 million

Company Reports Revenue of $9.3 billion

By USInMinutes
Published - Mar 07, 2024, 04:25 AM ET
Last Updated - Mar 07, 2024, 04:25 AM EST

EXPEDITORS INTERNATIONAL OF WASHINGTON INC [EXPD] has reported a net loss of $751.8 million for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $9.3 billion

Based in SEATTLE, Washington, EXPEDITORS INTERNATIONAL OF WASHINGTON INC operates in the TRANSPORT sector.

In the consolidated statements of earnings for the 12 months ended December 31, 2023, the company reported revenues as follows:

- Revenue from contract with customer, excluding assessed tax, amounted to $9,300.11 million, compared to $17,071.28 million in the same period in 2022 and $16,523.52 million in 2021.

Operating expenses for the same period were as follows:

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