Exhibit 99.1
PRESS RELEASE
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| By: | Expeditors International of Washington, Inc. | |
| | 1015 Third Avenue, Suite 1200 | |
| | Seattle, Washington 98104 | |
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| 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
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FOR IMMEDIATE RELEASE
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EXPEDITORS ANNOUNCES SEMI-ANNUAL CASH DIVIDEND OF $0.40
SEATTLE, WASHINGTON - November 9, 2016, Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that its Board of Directors has declared a semi-annual cash dividend of $0.40 per share, payable on December 15, 2016 to shareholders of record as of December 1, 2016.
Expeditors is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in 186 full-service offices and numerous satellite 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 distribution and customized logistics solutions.
