Deutsche and Expeditors Show Discipline Enhances Earnings — Panjiva
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Deutsche and Expeditors Show Discipline Enhances Earnings

Corp - Forwarders 347 Earnings 759 Global 1391

Expeditors International and Deutsche Post-DHL have wrapped up the freight forwarders’ 1Q earnings reports with markedly better-than-expected profitability. In Expeditors’ case revenues surged 20% higher despite a modest 5% increase in sea and air volumes. That indicates a disciplined approach to pricing. Deutsche Post meanwhile saw a small decline in revenues due to a weakening in its supply chain business. Both delivered better-than-expected levels of profitability as a result of being more conservative than their peers – including XPO Logistics and K+N – in terms of competing for mark...

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