| Business Summary | | Expeditors
International
of
Washington,
Inc.
is
engaged
in
the
business
of
providing
global
logistics
services.
The
Company
offers
its
customers
a
seamless
international
network
supporting
the
movement
and
strategic
positioning
of
goods.
The
Company's
services
include
the
consolidation
or
forwarding
of
air
and
ocean
freight.
In
each
U.S.
office,
and
in
many
overseas
offices,
the
Company
acts
as
a
customs
broker.
The
Company
also
provides
additional
services
including
distribution
management,
vendor
consolidation,
cargo
insurance,
purchase
order
management
and
customized
logistics
information. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | EXPD
is
engaged
in
the
business
of
global
logistics
management,
including
international
freight
forwarding
and
consolidation,
for
both
air
and
ocean
freight.
For
the
six
months
ended
6/30/01,
revenues
rose
6%
to
$796
million.
Net
income
rose
36%
to
$42.8
million.
Revenues
reflect
increased
airfreight
tonnage
handled
and
the
consolidation
within
the
customs
brokerage
market.
Earnings
also
reflect
an
increase
in
interest
income
due
to
higher
invested
cash
balances. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Peter Rose, 57 Chairman,
CEO | $2.1M | -- | Glenn Alger, 43 Pres | 1.8M | $1.3M | James Wang, 52 Exec.
Vice Pres - Far East, Director | 2.0M | -- | Timothy Barber, 41 Exec.
VP - Global Sales | -- | -- | Robert Villanueva, 48 Exec.
VP, Americas | 1.3M | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|