Expeditors’ Q2 income gains shrug off falling ocean, air volumes

Expeditors International said its revenue grew in the second quarter despite a drop in volumes as supply chain uncertainty kept freight rates at a premium.

The trans-Pacific ocean and air forwarder said the February cyber attack has resulted in costs of $90 million. Photo credit: Shutterstock.com

Expeditors International said its revenue grew in the second quarter despite a drop in volumes as supply chain uncertainty kept freight rates at a premium.