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 |
FOR IMMEDIATE RELEASE
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EXPEDITORS ANNOUNCES SEMI-ANNUAL CASH DIVIDEND OF $0.50
SEATTLE, WASHINGTON – November 5, 2019, Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on November 4, 2019, its Board of Directors declared a semi-annual cash dividend of $0.50 per share, payable on December 16, 2019 to shareholders of record as of December 2, 2019.
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.
