Expeditors Announces Semi-Annual Cash Dividend of $0.42

SEATTLE, May 03, 2017 (GLOBE NEWSWIRE) -- Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that on May 2, 2017, its Board of Directors declared a semi-annual cash dividend of $0.42 per share, payable on June 15, 2017 to shareholders of record as of June 1, 2017.

Expeditors is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in 177 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.

CONTACTS:
Jeffrey S. Musser
President and Chief Executive Officer
(206) 674-3433

Bradley S. Powell
Senior Vice President and Chief Financial Officer
(206) 674-3412

Geoffrey Buscher
Director - Investor Relations
(206) 892-4510

Source: Expeditors International of Washington, Inc.

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