Exhibit 99.1
PRESS RELEASE
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By: | | Expeditors International of Washington, Inc. | | |
| | 1015 Third Avenue | | |
| | Seattle, Washington 98104 | | |
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| | CONTACTS: | | | | |
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| | Jeffrey S. Musser | | Bradley S. Powell | | Geoffrey Buscher |
| | President and Chief Executive Officer | | Senior Vice President and Chief Financial Officer | | Director - Investor Relations |
| | (206) 674-3433 | | (206) 674-3412 | | (206) 892-4510 |
FOR IMMEDIATE RELEASE
EXPEDITORS ANNOUNCES SEMI-ANNUAL CASH DIVIDEND OF $0.69
SEATTLE, WASHINGTON - May 2, 2023, Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that on May 1, 2023 its Board of Directors declared a semi-annual cash dividend of $0.69 per share, payable on June 15, 2023 to shareholders of record as of June 1, 2023.
Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution and customized logistics solutions.
