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8-K - 8-K - EXPEDITORS INTERNATIONAL OF WASHINGTON INCexpd-8k_20200506.htm

 

Exhibit 99.1

 

 

 

PRESS RELEASE

 

By:

Expeditors International of Washington, Inc.

 

 

1015 Third Avenue

 

 

Seattle, Washington 98104

 

 

 

 

 

CONTACTS:

 

 

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 $0.52

 

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.