Exhibit 99.1
PRESS RELEASE
By: | Expeditors International of Washington, Inc. |
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| 1015 Third Avenue |
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| 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
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EXPEDITORS ANNOUNCES SEMI-ANNUAL CASH DIVIDEND OF $0.52
SEATTLE, WASHINGTON – May 6, 2020, Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on May 5, 2020, its Board of Directors declared a semi-annual cash dividend of $0.52 per share, payable on June 15, 2020 to shareholders of record as of June 1, 2020.
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.