#air-freight-surge
(4 articles)Expeditors posts 32% revenue jump on air freight surge and hyperscaler demand
Expeditors International delivered a notably strong second quarter with revenue climbing 32% to $3.5 billion, signaling renewed momentum in global freight markets. The standout driver was air freight,
Japan Services PPI Holds at 3.3% Amid Freight and Fuel Cost Surge
Japan's May services Producer Price Index (PPI) maintained a holding pattern at 3.3%, masking significant underlying volatility in transportation costs. The headline stability conceals a sharp diverge
Japan Services PPI Holds at 3.3% as Fuel Shock Drives Freight Costs Up
Japan's services Producer Price Index (PPI) remained flat at 3.3% in May despite mounting pressure from energy costs, particularly in freight and air transport sectors. The article highlights a critic
Expeditors Reports Strong Air Freight, Weak Ocean in Q1
Expeditors International reported Q1 earnings that demonstrate a significant divergence between air and ocean freight markets. Air tonnage grew 5% year-over-year driven by robust technology sector dem