Expeditors Announces Semi-Annual Cash Dividend of $0.40

SEATTLE, Nov. 09, 2016 (GLOBE NEWSWIRE) -- Expeditors International of Washington, Inc. 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.