Expeditors ends year with a whimper

Intermediaries

Wednesday, February 27, 2013
   Expeditors International turned in lackluster numbers for the fourth quarter of 2012, seeing $84.2 million in net earnings during the fourth quarter of 2012, a year-over-year decrease of 9 percent.    Net revenues fell 4 percent, year over year, to $458.7 million.    For the full year, earnings were down 14 percent when compared to 2011, ending at $333 million. Operating income and total revenues were also down compared to 2011, ending the year down by 14 percent and 3 perc...
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