Exhibit 99.1

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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 $0.69

 

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.