Expeditors International

Lumen strengthens technology transformation with new board appointment

Retrieved on: 
Thursday, February 22, 2024
Convoy, Lumen Technologies, Fortune 500, Expeditors International, Logistics, Linearity, Nordstrom, University, Army Reserve, Airborne, Trustee, Community, Management

DENVER, Feb. 22, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced the appointment of Diankha Linear to its board of directors, effective immediately. 

Key Points: 
  • DENVER, Feb. 22, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced the appointment of Diankha Linear to its board of directors, effective immediately.
  • "Diankha's broad range of experience in technology, military leadership, logistics, and retail will be invaluable to the Lumen board.
  • She serves on the Board of Directors for Community, Inc., the Board of Trustees for Swedish Health Systems, and Board of Directors of the not-for-profit college access and leadership development program, Rainier Scholars.
  • The appointment brings the company's board count from 11 to 12.

The New York Stock Exchange Leads Industry in Transfers for a Second-Straight Year, Reports Major Technology and Community Milestones

Retrieved on: 
Monday, December 18, 2023
Asset Management, Professional Services, Finance, Pillar, FanDuel, Initial public offering, KVUE, NYSE, Bank, Expeditors International, U.N, COHR, Commerce, Intercontinental Exchange, House, EXPD, Capital market, Conference, IPO, ETP, NYSE Arca, CRH, Flutter Entertainment, AngloGold Ashanti, NYSE Euronext, AI, ICE, Cryptocurrency, Security (finance), Coherence, Fiserv

The exchange reported 32 listing transfers in 2023, the second-highest total since 2002, bringing $120 billion in new market capitalization to the exchange.

Key Points: 
  • The exchange reported 32 listing transfers in 2023, the second-highest total since 2002, bringing $120 billion in new market capitalization to the exchange.
  • Of those, 20 were operating companies, nearly triple the number of operating companies transferring to competing exchanges.
  • Notably, the median market capitalization for all transfers to the NYSE was five times larger than those to other exchanges.
  • In addition to Fiserv, Expeditors International of Washington (NYSE: EXPD) and Coherent (NYSE: COHR) ranked among those moving their listings to the NYSE.

Expeditors Announces Listing Transfer to New York Stock Exchange

Retrieved on: 
Thursday, November 9, 2023
Other Transport, Supply Chain Management, Logistics, Retail, Transport, Expeditors International, EXPD, NYSE, Atmosphere, Cryptocurrency

Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that it is transferring the listing of its common stock to the New York Stock Exchange (“NYSE”) from the Nasdaq Stock Market LLC (“Nasdaq”).

Key Points: 
  • Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that it is transferring the listing of its common stock to the New York Stock Exchange (“NYSE”) from the Nasdaq Stock Market LLC (“Nasdaq”).
  • Expeditors’ common stock is expected to begin trading on the NYSE on Tuesday, November 21, 2023, and will continue to be traded under its current ticker symbol “EXPD."
  • Expeditors’ common stock is expected to continue to trade on Nasdaq until the close of the market on Monday, November 20, 2023.
  • “We look forward to partnering with the NYSE as we continue to grow our company and generate long-term value for our shareholders.”
    Lynn Martin, NYSE President, added, “We’re thrilled to welcome Expeditors to the New York Stock Exchange.

Trade Management Software Market size to USD 1.05 billion growth between 2022 - 2027, Driven by Growing need for improved supply chain efficiency - Technavio

Retrieved on: 
Tuesday, November 21, 2023
Cloud, Deployment, Sample, Organization, Expeditors International, Koch Industries, SAP, QAD Inc., ISO, Oracle Corporation, USD, Transport, SAP SE, United Parcel Service, Retail, AEB, Growth, ISO 9001:2015, SE, Certification, Automotive industry, Geography, Others

The potential growth difference for the trade management software market between 2022 and 2027 is USD 1.05  billion.

Key Points: 
  • The potential growth difference for the trade management software market between 2022 and 2027 is USD 1.05  billion.
  • The growing need for improved supply chain efficiency drives the trade management software market.
  • Buy a full report here
    Market Challenge - The increasing complexities in global trade challenge the trade management software market.
  • Factors such as the presence of major trade management players and the increasing need for effective global trade compliance and efficient management of the supply chain are driving the growth of the trade management software market in APAC.

Spare Parts Logistics Market in Europe to increase by USD 5.74 billion during 2023-2028; Growing Free Trade Agreements to drive the growth - Technavio

Retrieved on: 
Thursday, November 16, 2023
Automotive industry, Safety, Fujitsu, Expeditors International, Deutsche Bahn, Forward, Écu, CMA, XPO, Inc., PPP, Nature, BLG, FedEx, TVS Motor Company, USD, Deutsche Post DHL Group, Beumer Group, IVI, DSV, Lufthansa Cargo, United Parcel Service, Growth, Car, YOY, Transport, Klöckner & Co SE, Free, Speciality chemicals, Electronics

The growing free trade agreements in Europe drive market growth.

Key Points: 
  • The growing free trade agreements in Europe drive market growth.
  • Given rising industrial production, the need for spare parts increases, and thus, such factors are positively impacting the market which in turn drives the European spare parts logistics market growth.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • These factors fuel the growth of the forward segment which in turn will drive the Europe spare parts logistics market growth during the forecast period.

Expeditors Announces Semi-Annual Cash Dividend of $0.69

Retrieved on: 
Tuesday, November 7, 2023
Transport, Logistics, Supply Chain Management, Expeditors International, German International School Washington D.C., EXPD, Atmosphere, Warehouse

Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that on November 6, 2023 its Board of Directors declared a semi-annual cash dividend of $0.69 per share, payable on December 15, 2023 to shareholders of record as of December 1, 2023.

Key Points: 
  • Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that on November 6, 2023 its Board of Directors declared a semi-annual cash dividend of $0.69 per share, payable on December 15, 2023 to shareholders of record as of December 1, 2023.
  • 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.

Matternet Appoints Will Urban as Senior Advisor

Retrieved on: 
Thursday, October 12, 2023
Technology, Air, Transport, Drones, Software, Delivery Services, Hardware, Logistics, Supply Chain Management, Retail, Multimedia, Urban freight distribution, Port, Amazon, Port of Seattle, Senior advisor, Federal Aviation Administration, Growth, Region, FAA, Expeditors International, History, UPS Flight Forward, Management, Flexport, Delivery drone

Matternet, the developer of the world’s leading urban drone delivery system, today announced the appointment of Will Urban as Senior Advisor, effective immediately.

Key Points: 
  • Matternet, the developer of the world’s leading urban drone delivery system, today announced the appointment of Will Urban as Senior Advisor, effective immediately.
  • Mr. Urban joins Matternet from Flexport, the tech-driven platform for global logistics, where he served as the company’s Chief Revenue Officer.
  • (Photo: Business Wire)
    In this role, Mr. Urban is going to drive numerous strategic business development initiatives as a senior advisor to Andreas Raptopoulos, Founder and CEO of Matternet, and the full management team.
  • “We are thrilled to welcome Will as a senior advisor to Matternet,” said Mr. Raptopoulos.

Expeditors Announces Semi-Annual Cash Dividend Of $0.69

Retrieved on: 
Tuesday, May 2, 2023
Supply Chain Management, Professional Services, Data Management, Technology, Retail, Trucking, Rail, Maritime, Insurance, Air, Transport, Logistics, Expeditors International, German International School Washington D.C., EXPD, Atmosphere, Warehouse

Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that on May 1, 2023 its Board of Directors declared a semi-annual cash dividend of $0.69 per share, payable on June 15, 2023 to shareholders of record as of June 1, 2023.

Key Points: 
  • Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced that on May 1, 2023 its Board of Directors declared a semi-annual cash dividend of $0.69 per share, payable on June 15, 2023 to shareholders of record as of June 1, 2023.
  • 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.

BlueGrace Logistics Names Carly Bly Sr. Director of Carrier Relations

Retrieved on: 
Thursday, April 27, 2023
Customer development, Senior, LTL, Third-party logistics, 3PL, BlueGrace Logistics, Customer, Expeditors International, Growth, Yellow Corporation, Intermodal transport, Management, Cargo

TAMPA, Fla., April 27, 2023 /PRNewswire/ -- BlueGrace Logistics (BlueGrace), one of the largest Third-Party Logistics (3PL) providers in North America, today announced the hiring of logistics veteran Carly Bly to a new company role, Sr. Director of Carrier Relations.

Key Points: 
  • TAMPA, Fla., April 27, 2023 /PRNewswire/ -- BlueGrace Logistics (BlueGrace), one of the largest Third-Party Logistics (3PL) providers in North America, today announced the hiring of logistics veteran Carly Bly to a new company role, Sr. Director of Carrier Relations.
  • Bly's role brings strategic innovation to how BlueGrace manages carrier relationships.
  • "As a 3PL, the relationships we build with our carriers are vital to the success of our shippers," said Adam Blankenship, Chief Operating Officer at BlueGrace Logistics.
  • Bly began her logistics career in freight forwarding with Expeditors International as part of their Import Customs Brokerage based in Tampa.

Global Retail Logistics Market to Grow by $192.18 Billion During 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 2, 2023
Retail, Other Retail, Uber Technologies Inc v Heller, Research, United Parcel Service, FedEx, Hilltop Holdings Inc., Expeditors International, DB Schenker, C H, Ryder, Deutsche Post DHL Group, DSV, IA Financial Group, Warehouse

This study identifies the use of sustainable logistics as one of the prime reasons driving the retail logistics market growth during the next few years.

Key Points: 
  • This study identifies the use of sustainable logistics as one of the prime reasons driving the retail logistics market growth during the next few years.
  • Also, blockchain applications in retail logistics and digital transformation in retail logistics will lead to sizable demand in the market.
  • The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
  • The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.