Top 5 Transportation Companies For 2015: Expeditors International of Washington Inc.(EXPD)
Expeditors International of Washington, Inc. provides logistics services in the United States and internationally. The company?s services include consolidation or forwarding air and ocean freight; distribution management; vendor consolidation; cargo insurance; purchase order management; and customized logistics information. Its airfreight services comprise the procurement of shipments from its customers; determination of the routing; consolidation of shipments bound for a particular airport distribution point; and selection of the airline for transportation to the distribution point. The company also offers breakbulk services that include receiving and breaking down consolidated airfreight lots and arranging for distribution of the individual shipments. Its ocean freight and ocean services include ocean freight consolidation; and handling full container loads. In addition, the company acts as a customs broker, who assists importers to clear shipments through customs by pre paring required documentation, calculating and providing for payment of duties on behalf of the importer, arranging for any required inspections by governmental agencies, and arranging for delivery; and provides other value added services at destination, such as warehousing and product distribution, time definite transportation, and inventory management. Further, it offers custom clearances for goods moving by rail and truck between the United States, Canada, and/or Mexico; and customs consulting services The company?s customers primarily include retailers, distributors of consumer electronics, department store chains, clothing and shoe wholesalers, manufacturers, and catalogue stores. Expeditors International of Washington, Inc. was founded in 1979 and is based in Seattle, Washington.
Advisors' Opinion:- [By Ben Leviso! hn]
Like everyone else, Deutsche Bank’s Justin Yagerman starts with his reservations: FedEx has gained 28% during the past three months, trumping the United Parcel Service's (UPS) 14% advance, the 1.1%rise in J.B. Hunt Transport Services (JBHT) and the 3.9% loss in Expeditors International of Washington (EXPD).
- [By Ben Levisohn]
The express-delivery company has gained 28% during the past three months, trumping the 18% return from United Parcel Service (UPS), the 4.6% gain in J.B. Hunt Transport Services (JBHT) and the 0.2% rise in Expeditors International of Washington (EXPD).
- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, three new ratings in the shipping sphere are grabbing headlines, as investment banker RBC Capital Markets upgrades UPS (NYSE: UPS ) to outperform, but cuts both FedEx (NYSE: FDX ) and shipping facilitator Expeditors International (NASDAQ: EXPD ) to underperform.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-5-transportation-companies-for-2015-2.html
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