EXPEDITORS INT'L I PVT. LTD

(commonly referred to as ) is an American a service-based company with headquarters in. Expeditors generates highly optimized and customized solutions for clients with unified technology systems integrated through a global network of over 340+ locations in 100+ on six. Expeditors became a publicly traded company in 1984 with the listing of its on under the ticker symbol and were named to the in 2002. During their first year as a public company, Expeditors reported more than $50 million in gross revenues and $2. 1 million in net earnings. Expeditors is currently #299 on the. Total revenues exceeded 10 billion ($10. 116 billion) in 2021. They are known in the financial services community for their unconventional and entertaining filings, which are rumored to be written by former CEO Peter Rose himself, as well as its responses to questions submitted to the company, which are placed on Expeditors' investor website. Rose announced his retirement in March 2014 as CEO, with his retirement as Chairman effective May 2015. Expeditors maintains a compensation structure that is unique to the logistics industry. According to their 2003 annual report, "Each of the Company's branches are independent profit centers and the primary compensation for the branch management group comes in the form of incentive-based compensation calculated directly from the operating income of that branch. This compensation structure ensures that the allocation of revenue and expense among components of services [. ] are done in an objective manner on a fair value basis. "

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