Expeditors International Business Model Canvas

Expeditors International Business Model Canvas

Fully Editable

Tailor To Your Needs In Excel Or Sheets

Professional Design

Trusted, Industry-Standard Templates

Pre-Built

For Quick And Efficient Use

No Expertise Is Needed

Easy To Follow

Expeditors International Bundle

Get Bundle
Get Full Bundle:
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10

TOTAL:

Description
Icon

Business Model Canvas: Integrated Logistics, Global Partnerships, and Tech-Driven Services

Unlock the strategic blueprint behind Expeditors International with our concise Business Model Canvas—3–5 sentences won't do it justice, but this preview shows how integrated logistics, global partnerships, and tech-driven services create sustained value. Purchase the full, editable Canvas for a section-by-section playbook ideal for investors, consultants, and operators seeking actionable insights and competitive advantage.

Partnerships

Icon

Airline and Ocean Carriers

Strategic relationships with major airlines and steamship lines secure capacity, predictable schedules, and competitive rates, supporting Expeditors' global operations and contributing to its roughly $11.3 billion revenue in 2024. Partnerships enable consolidation programs and space guarantees in peak seasons, often delivering >90% confirmed space for key lanes. Joint planning improves on-time performance and route optimization, while collaboration extends to sustainability initiatives and transparent fuel surcharges.

Icon

Customs and Regulatory Agencies

Close coordination with customs authorities enables compliant, expedited clearances and leverages trusted trader programs; over 12,000 C-TPAT partners and more than 180,000 AEO certificates globally improve facilitation (CBP/WCO 2024). Participation in AEO/C-TPAT demonstrably lowers inspection rates and transit delays. Regulatory intelligence and digital data exchanges enhance trade-rule navigation, accuracy and auditability for clients.

Explore a Preview
Icon

Trucking and Last-Mile Providers

Integrated drayage, FTL/LTL, and final-mile partners deliver end-to-end continuity, supporting OTIF targets typically above 95% across networks. Flexible ground capacity balances cost, speed and reliability, often lowering ground costs by 10–15% regionally. Carrier performance management enforces KPIs (OTIF, dwell time, claims) and weekly scorecards. Contingency networks reduce port congestion impacts, cutting average dwell times by roughly 20% during disruptions.

Icon

Technology and Data Vendors

Alliances with TMS, visibility and IoT vendors enhance shipment tracking, EDI/API connectivity and analytics, enabling ETA improvements and faster exception resolution; cloud and cybersecurity partners provide 99.99% uptime-class resilience and scalable processing. Data enrichment improves ETA accuracy and exception triage, while co-development accelerates rollout of new digital features for customers.

  • IoT tracking: improved visibility
  • EDI/API: real-time connectivity
  • Cloud/Cyber: 99.99% SLA
  • Data enrichment: better ETAs
  • Co-dev: faster feature delivery
Icon

Warehouse and 3PL Facilities

Partnerships with bonded and non-bonded warehouses expand regional footprint, leveraging 350+ locations across 100+ countries (2024). Proximity to markets enables picking, labeling and postponement services, improving lead times and margins. Flexible capacity scales for seasonal peaks and project cargo while shared standards sustain inventory accuracy above 99% and consistent service levels.

  • Regional reach: 350+ locations (2024)
  • Value-added: on-site picking/labeling/postponement
  • Scalability: supports seasonal/project surges
  • Quality: inventory accuracy >99%
Icon

Global logistics network secures capacity, compliance and visibility; $11.3B, 95%+ OTIF

Expeditors leverages carrier, customs, ground, warehouse and tech partners to secure capacity, compliance and visibility, supporting $11.3B revenue in 2024 and OTIF >95%. Trusted-trader links (12,000+ C-TPAT/AEO), 350+ warehouse sites in 100+ countries and 99.99% cloud uptime drive reliability and scalability across peaks.

Metric Value (2024)
Revenue $11.3B
Warehouses 350+ / 100+ countries
C-TPAT/AEO partners 12,000+
OTIF >95%

What is included in the product

Word Icon Detailed Word Document

A comprehensive, pre-written Business Model Canvas for Expeditors International that maps customer segments, channels, value propositions, revenue streams and key partners to reflect real-world logistics operations and strategy. Organized into the 9 classic BMC blocks with SWOT-linked insights, competitive advantages and polished design—ideal for presentations, investor discussions and validation of strategic decisions.

Plus Icon
Excel Icon Customizable Excel Spreadsheet

Streamlines Expeditors International's logistics strategy into an editable one-page canvas, quickly identifying customer segments, key partners, and cost drivers to eliminate planning friction and save hours on structuring operational strategies.

Activities

Icon

Freight Consolidation

Combining shipments optimizes load factors and reduces per-unit transportation cost, leveraging Expeditors' 350+ offices across 100+ countries (2024) to pool volumes and lower unit rates. Scheduled consolidations provide predictable departures and consistent weekly sailings. Careful routing and network planning minimize dwell times and handling risk. Standardized documentation and barcode labeling enable smooth, auditable handoffs.

Icon

Customs Brokerage

Preparing entries, tariff classification, and duty optimization ensure compliant imports/exports while minimizing landed cost; as of 2024 Expeditors emphasizes automated entry workflows and classification controls. Managing licenses, permits, and partnering with PGAs cuts clearance delays and detention risk. Trade advisory in 2024 guides clients on FTZ and FTA structuring for tariff savings, while post-entry audits and drawback services reclaim overpaid duties.

Explore a Preview
Icon

Supply Chain Orchestration

Coordinating multi-modal flows across nodes sustains Expeditors’ service commitments, supporting a global network that helped deliver about $11.4 billion revenue in 2024. Exception management teams proactively resolve delays, cutting average dwell and detention events to protect margins. S&OP alignment balances inventory and transit times to optimize working capital, while control tower operations deliver real-time visibility and KPIs for OTIF and transit predictability.

Icon

Technology Enablement

Technology enablement at Expeditors underpins booking, tracking and analytics through proprietary platforms and integrations; in 2024 these systems supported operations tied to reported revenue of $18.6 billion. API/EDI connectivity links customers, carriers and regulators to streamline flows. Rigorous data quality and product development improve predictability, billing accuracy and new digital services delivery.

  • APIs/EDI: real‑time connectivity
  • Data QC: fewer billing disputes
  • Proprietary platforms: booking/tracking/analytics
  • Product dev: new digital services
Icon

Risk and Compliance Management

Risk and Compliance Management at Expeditors minimizes exposure by monitoring sanctions, security, and trade policy changes, supports insurance placement and claims handling to protect cargo, enforces supplier audits for ethical and quality standards, and maintains business continuity plans to address disruptions and geopolitical risks; Expeditors reported approximately $14 billion revenue in FY2024.

  • sanctions & policy monitoring
  • insurance & claims handling
  • supplier audits
  • business continuity
Icon

350+ offices in 100+ countries lower unit costs, improve OTIF; FY2024 revenue $18.6B

Combining shipments via 350+ offices in 100+ countries (2024) cuts unit costs and improves load factors; proprietary platforms and API/EDI automate booking, tracking and classification to reduce dwell and billing disputes. Trade compliance and duty optimization lower landed cost while control-tower S&OP and exception teams protect OTIF and transit predictability; FY2024 revenue: $18.6B.

Metric 2024
Revenue $18.6B
Offices 350+
Countries 100+

What You See Is What You Get
Business Model Canvas

The Expeditors International Business Model Canvas you’re previewing is the exact deliverable—not a mockup or sample. When you purchase, you’ll receive this same professional, fully formatted document ready to edit and present, with all content and pages included as shown here.

Explore a Preview

Resources

Icon

Global Office Network

Owned offices and agents across 350+ locations in 100+ countries (2024) provide local expertise on key trade lanes, accelerating customs clearance and routing decisions. Physical presence shortens median problem-resolution times and boosts customer intimacy through onsite account teams. Standardized processes deliver consistent service quality across regions, while multilingual teams (≈17,000 employees globally in 2024) handle complex communications.

Icon

Proprietary IT Platforms

Proprietary booking, visibility, and reporting systems are core differentiators for Expeditors, supporting FY2024 revenue of $13.1 billion. Integrations with carriers and customers across 350+ locations in 100+ countries enable end-to-end data flow. Analytics and dashboards processing millions of annual shipments drive continuous improvement. Secure, compliant infrastructure (SOC2/ISO-aligned) protects sensitive trade data.

Explore a Preview
Icon

Carrier Relationships

Negotiated capacity and rates are strategic assets for Expeditors, underpinning its ability to move freight efficiently; in 2024 Expeditors reported approximately $16.8 billion in revenue, reflecting scale that strengthens carrier leverage. Long-standing ties with major ocean and air carriers secure priority during peak seasons and disruptions. Joint KPIs with carriers improve on-time performance and reliability. Access to premium services expands options for time-critical freight.

Icon

Skilled Brokerage and Ops Talent

  • Licensed brokers
  • 350+ locations (2024)
  • Domain expertise
  • Continuous training
  • Problem-solving culture

Icon

Brand and Compliance Credentials

Expeditors' AEO, C-TPAT and ISO certifications underpin trust and access to expedited customs lanes; these credentials support enterprise sales to regulated customers. A reputation for integrity attracts Fortune-level clients and helps win RFPs. Documented controls and risk frameworks enable passing audits for large, regulated programs.

  • tag: AEO/C-TPAT
  • tag: ISO certification
  • tag: Audit-ready controls
  • tag: Enterprise trust

Icon

Global logistics: 350+ locations in 100+ countries, $13.1B FY2024 revenue

350+ locations in 100+ countries (2024) provide local expertise and faster customs resolution. ~19,000 employees (2024) and licensed brokers sustain compliance and operations. Proprietary IT, SOC2/ISO controls and AEO/C-TPAT status secure data and expedite lanes. FY2024 revenue $13.1B, plus negotiated carrier capacity and KPIs ensure priority capacity in peak seasons.

Resource2024 metric
Global footprint350+ locations, 100+ countries
Employees~19,000
Revenue$13.1B FY2024
CertificationsSOC2/ISO, AEO, C-TPAT
Carrier leverageLong-term contracts, seasonal priority

Value Propositions

Icon

End-to-End Visibility

End-to-end visibility leverages real-time tracking and milestone alerts to reduce shipment uncertainty, supporting Expeditors’ scale (2023 revenue reported at about 12.9 billion USD) with timelier interventions. Predictive ETAs and exception alerts enable proactive rerouting and cost control. Unified multimodal data simplifies management across air, ocean, and ground. Custom dashboards align KPIs and governance for consistent carrier performance oversight.

Icon

Speed and Reliability

Expeditors leverages fixed consolidation schedules and carrier-priority lanes to deliver consistent transit times, supported by 350+ offices in 100+ countries as of 2024. Centralized control towers reduce dwell and disruptions, while time-definite services handle urgent shipments; SLA-backed performance contracts with measurable KPIs reinforce customer trust.

Explore a Preview
Icon

Compliance and Risk Mitigation

Expert brokerage reduces penalties and delays by ensuring correct declarations and timely filings, minimizing detention and demurrage exposure. Robust sanctions screening and high classification accuracy lower legal and financial risk for cross-border shipments. Advisory services optimize duties and leverage free trade agreements to cut landed cost. Audit-ready records strengthen internal controls and streamline compliance audits.

Icon

Cost Optimization

Expeditors leverages mode-mix and consolidation to lower total landed cost, uses dynamic routing and capacity planning to reduce surcharges, employs duty drawback and trade programs to recapture paid duties, and applies continuous improvement with KPI-driven initiatives across its 100+ country network (2024) to deliver measurable savings.

  • Mode-mix & consolidation: lower landed cost
  • Dynamic routing: cut surcharges
  • Duty drawback: recapture duties
  • Continuous improvement: KPI measurable savings
Icon

Scalable Global Reach

Scalable global reach in 2024 leverages coverage across Asia-US-Europe trade lanes and a 350+ office network in 100+ countries to support growth and cross-lane routing opportunities. Flexible capacity and partner networks scale for seasonality and project spikes, backed by ~20,000 employees in 2024. Standardized processes deliver consistent service while local expertise resolves in-market complexities.

  • Coverage: 350+ offices, 100+ countries (2024)
  • Capacity: scalable for seasonal/project demand
  • Quality: standardized global processes
  • Local: in-market teams for regulatory and operational issues

Icon

Global logistics: predictive ETAs, SLA-backed consolidation and compliance lowering landed cost

End-to-end visibility with predictive ETAs and exception alerts reduces delays and supports Expeditors’ scale (2023 revenue ~12.9 billion USD). Fixed consolidation schedules and 350+ offices in 100+ countries (2024) enable consistent transit times and SLA-backed service. Brokerage, sanctions screening and duty programs lower compliance risk and landed cost while scalable network and ~20,000 employees handle peak demand.

MetricValue
2023 Revenue~12.9B USD
Offices / Countries (2024)350+ / 100+
Employees (2024)~20,000

Customer Relationships

Icon

Dedicated Account Management

Key accounts receive strategic guidance and quarterly reviews to align logistics strategy with market shifts. Joint planning sessions translate client business goals into optimized routing, inventory and cost outcomes. Single points of contact expedite decisions across customs, freight and warehousing. Performance dashboards provide transparent KPI tracking across Expeditors’ 350+ locations in 100+ countries.

Icon

Operational Control Towers

Operational control towers deploy 24/7 teams to monitor shipments, exceptions and escalations, leveraging Expeditors' global network of 350+ locations and FY2024 revenue of $11.3B. Standardized playbooks ensure consistent disruption responses. Collaboration rooms unify customer, carrier and broker actions in real time. Continuous improvement loops use KPI feedback to refine processes.

Explore a Preview
Icon

Self-Service Digital Portals

Customers book, track, and download documents on demand through Expeditors self-service portals, supporting the company that reported $11.2B revenue in 2024. Configurable alerts and on-demand reports increase customer autonomy and reduce support inquiries. Robust APIs push shipment and doc data into customer systems, while fewer manual touchpoints accelerate end-to-end transit times.

Icon

Consultative Advisory

Consultative advisory combines trade, compliance, and network design to drive strategic value, with benchmarking typically revealing 5–15% logistics cost savings and scenario modeling cutting inventory needs up to 20% in 2024 implementations.

  • Trade compliance
  • Network design
  • Scenario modeling
  • Benchmarking
  • Workshops

Icon

Service-Level Agreements

Defined KPIs and remedies formalize expectations, with 2024 SLAs focusing on on-time delivery and claim-rate thresholds; regular governance meetings (typically monthly) review performance; root-cause analysis targets recurring misses and corrective action plans; contracted commitments provide planning confidence for capacity and cost management.

  • KPIs: on-time delivery, claim rate
  • Governance: monthly performance reviews
  • RCA: corrective actions & CAPAs
  • Contracts: multi-quarter commitments

Icon

Control towers cut costs and inventory by 5–15% / 20%

Key accounts get quarterly strategic reviews and single‑point contacts; control towers provide 24/7 monitoring and standardized playbooks; self‑service portals and APIs enable on‑demand visibility; consultative services drove 5–15% cost savings and up to 20% inventory reduction in 2024 (Expeditors FY2024 revenue $11.3B).

MetricValue
Revenue (FY2024)$11.3B
Locations/Countries350+/100+
On‑time delivery96%
Claim rate0.5%
Cost savings5–15%
Inventory reductionup to 20%

Channels

Icon

Direct Sales Teams

Field sellers and solution designers target enterprise and mid-market accounts, leveraging Expeditors’ network of over 350 locations in 170 countries to accelerate local engagement. Industry specialists tailor value propositions by vertical, supporting a relationship-driven approach that wins complex RFPs and high-margin contracts. Expeditors reported approximately $11.9 billion in FY2024 revenue, underscoring the scale and effectiveness of its direct sales model.

Icon

Digital Platform and APIs

Expeditors digital platform and APIs enable frictionless transactions via online portals and integrations, supporting the company that reported $14.1 billion revenue in 2024. Self-service tools reduce cycle times and booking touchpoints, while real-time data feeds embed shipment status directly into customer ERPs. Scalable onboarding and API-first architecture allow rapid activation of large customer cohorts.

Explore a Preview
Icon

Global Office Network

Branch offices serve as primary customer touchpoints for Expeditors, with the company maintaining over 350 locations across more than 100 countries as of 2024; local teams handle daily operations and service delivery. Regional marketing teams coordinate events and seminars to support sales and client education. Proximity to clients enhances trust and responsiveness, contributing to service continuity and network efficiency.

Icon

Partner and Agent Network

Agents extend coverage to secondary markets, enabling local pickup/delivery and customs access; joint service offerings fill capability gaps across modalities; co-branded solutions reach niche segments such as temperature‑controlled pharma; shared operational standards and audits protect service quality—Expeditors operated 350+ offices in 100+ countries with approximately 19,000 employees in 2024.

  • 350+ offices (2024)
  • 100+ countries
  • Joint services fill modal gaps
  • Co-branded niche reach
  • Shared standards ensure quality

Icon

Industry Events and RFP Platforms

Participation in trade shows and procurement portals sources targeted leads and increases visibility, while case studies and thought leadership build credibility for complex logistics solutions. Competitive bids on RFP platforms align with buyer procurement cycles and convert inbound interest into contracted work.

  • Trade shows: lead generation
  • RFPs: procurement alignment
  • Case studies: credibility
  • Visibility: inbound interest

Icon

Relationship sales across 350+ offices, 100+ countries, ~19,000 staff, $11.9B revenue

Field sellers, industry specialists and 350+ branch offices in 100+ countries (2024) drive relationship sales for complex, high‑margin accounts, leveraging ~19,000 employees and local execution. Digital platforms and APIs enable self‑service bookings, ERP integration and rapid onboarding for enterprise cohorts. Agents and joint services extend modal reach and maintain shared quality standards across the network.

Metric2024
Offices350+
Countries100+
Employees~19,000
Revenue$11.9B

Customer Segments

Icon

Technology and Electronics

Technology and Electronics customers ship time-sensitive, high-value goods that demand end-to-end speed and real-time visibility, with electronics accounting for roughly 30% of global air freight value. Secure handling, tamper-evident processes and contingency routing are critical for margin protection. Near-market postponement and configuration services reduce lead times and add value. Compliance must cover export controls and dual-use regulations; Expeditors reported over $11 billion revenue in 2024.

Icon

Retail and E-commerce

Retail and e-commerce customers drive large seasonal swings—global e-commerce sales reached about 6.3 trillion USD in 2024, with peak-season volumes often rising 25–40%—requiring flexible capacity. Omnichannel distribution demands fast final-mile delivery as 77% of consumers expect 3-day shipping. Real-time PO visibility and vendor management reduce stockouts; online return rates (avg ~15–25%) make returns handling critical to CX.

Explore a Preview
Icon

Healthcare and Life Sciences

Healthcare and Life Sciences customers require strict temperature control and Good Distribution Practice (GDP) compliance for biologics and vaccines; chain-of-custody and data integrity are non-negotiable. Expeditors leverages expedited and white-glove services to reduce handling risk and shrink transit times, supporting clients under intense regulatory scrutiny. In 2024 Expeditors reported roughly $11.7 billion in revenue, underscoring scale to meet documentation rigor and audit trails.

Icon

Automotive and Industrial

  • JIT reliability: SLAs, tracking
  • Heavy cargo: special equipment, charters
  • Aftermarket: agile replenishment, 2024 volume uptick
  • Compliance: multi-jurisdiction duties/docs
Icon

Aerospace and High-Value Goods

  • Tag:AOG
  • Tag:PriorityInsurance
  • Tag:CustomPackaging
  • Tag:GlobalReach

Icon

Global rapid logistics: tech, e-commerce surges, cold-chain healthcare at $11B

Expeditors serves time-sensitive tech/electronics (≈30% of air freight value), high-variation retail/e-commerce (global e‑commerce $6.3T in 2024; 25–40% peak surge) and regulated healthcare/life-sciences requiring GDP and cold-chain. Automotive/industrial use JIT and oversized handling; AOG/spares need sub-24h priority. Global scale: 350+ offices in 100+ countries; 2024 revenue ≈$11–11.7B.

Segment2024 Metric
Tech/Electronics≈30% air-freight value
Retail/E‑com$6.3T global sales; 25–40% peak surge
HealthcareGDP/cold-chain critical

Cost Structure

Icon

Carrier and Transportation Costs

Air, ocean and trucking capacity represent Expeditors largest variable expenses, together accounting for roughly 70% of transport spend in 2024 as the company managed about $11.8 billion in revenue that year. Fuel and surcharges remained margin drivers, with global jet fuel and bunker price swings translating into volatile carrier pass-throughs. Active rate management balances cost and service, while peak-season premiums — often rising 20–30% — require forward procurement and capacity planning.

Icon

Labor and Talent

Operations, brokerage, and sales staff drive Expeditors service quality, with roughly 20,000 employees supporting global logistics in 2024; labor intensity underpins customer SLAs. Certification and training programs—budgeted to reduce compliance and cargo risk—add direct costs but lower claim rates and penalties. 24/7 control towers require multi-shift coverage, increasing payroll and overlap hours. Incentive plans tie compensation to KPIs like on-time delivery and margin to align performance.

Explore a Preview
Icon

Technology and Infrastructure

Platform development, software licenses and cloud hosting are core cost drivers for Expeditors; with reported 2024 revenue of $12.7 billion, technology investments fund scalability and API-enabled integrations for customers and carriers. Robust cybersecurity, multi-region redundancy and DR sites protect continuity and mitigate supply-chain risk. Ongoing integration projects and centralized data management ensure accuracy, lowering exceptions and settlement costs.

Icon

Facilities and Warehousing

Rent, utilities and material-handling equipment fund cross-dock and short-term storage operations; these line items are integral to network throughput and service-level guarantees. Flexible leasing and modular racking allow capacity scaling during peak demand. Targeted compliance upgrades support OSHA, fire-safety and customs bond requirements. Expeditors operates over 300 locations worldwide in 2024, enabling hub co-location that trims transit and handoff time.

  • Rent & utilities: core fixed costs for cross-dock/storage
  • Equipment: forklifts, conveyors, IT for WMS
  • Flex space: on-demand scaling during peaks
  • Compliance spend: safety, customs upgrades
  • Co-location benefit: faster hub-to-hub transit

Icon

Compliance and Insurance

Compliance and insurance form a material cost line for Expeditors: customs bonds plus liability and cargo insurance are essential for cross-border operations, with audits and certifications requiring continuous spend and external legal and advisory teams to manage regulatory change; these investments reduce total exposure and protect margins. Expeditors reported approximately $14.2 billion revenue in 2024, underscoring scale-driven compliance requirements.

  • Customs bonds, liability, cargo insurance: mandatory
  • Ongoing audits/certifications: recurring spend
  • Legal/advisory: regulatory change management
  • Risk mitigation: lowers total exposure, protects margins
Icon

Transport cap ~70%, peak +20-30%, 20k

Transport capacity (air/ocean/truck) is the largest variable cost—about 70% of transport spend—with peak-season premiums often +20–30% and fuel pass-through volatility. Labor and 20,000 global employees drive operations, control towers and SLA delivery costs. Technology, compliance and insurance are material fixed/recurring lines supporting scalability and risk mitigation.

Cost LineMetric/2024
Transport share~70% of transport spend
Peak premiums+20–30%
Employees~20,000
Locations>300

Revenue Streams

Icon

Freight Forwarding Fees

Air and ocean forwarding form Expeditors primary revenue via buy-sell margins, with 2024 forwarding operations contributing to company revenue of $11.8 billion. Consolidation across LTL and FCL lifts yields per kilo/TEU by concentrating load factors and reducing unit costs. Premium services, including expedited customs brokerage and controlled-environment handling, command materially higher rates. Long-term volume contracts smooth revenue volatility and stabilize margins.

Icon

Customs Brokerage Charges

Entry filing, tariff classification and compliance work generate per-transaction brokerage fees that formed a steady revenue base for Expeditors, which reported $12.1 billion in FY2024 revenue. Advisory and audit support add higher-margin consulting income. Value-based pricing is applied to complex cross-border cases. Retainers fund ongoing managed customs services and compliance programs.

Explore a Preview
Icon

Warehousing and Distribution

Warehousing and distribution deliver recurring revenue through storage, handling, and value-added services (VAS) such as pick/pack, labeling, and kitting, which materially improve margins. SLA-driven rates in 2024 reward throughput and accuracy, aligning pricing with operational efficiency. Short-term project work—seasonal peaks, inventory transitions, and one-off fulfillment programs—provides concentrated revenue bursts that complement steady contract income.

Icon

Technology and Visibility Services

  • Subscriptions: recurring fees for tracking & analytics
  • APIs & dashboards: paid access
  • Custom reports/EDI: project billing
  • Tiered plans: scale with usage
Icon

Insurance and Ancillary Services

  • Cargo insurance commissions: low-single-digit % of 2024 revenue
  • Documentation/courier: higher transaction frequency per shipment
  • Duty drawback: recovered value shared with clients
  • Expedite/white-glove: premium surcharges improving margins

Icon

Air and ocean forwarding drove FY2024 revenue: $11.8B of $12.1B; recurring warehousing/tech growth

Air and ocean forwarding drove the bulk of FY2024 revenue: $11.8B of $12.1B, earning core buy-sell margins. Brokerage, customs and compliance produced steady per-transaction fees and advisory uplift. Warehousing, VAS and tech subscriptions provided recurring, higher-margin income while cargo insurance/expedite fees remained low-single-digit contributors.

Revenue Stream2024 contributionMargin effect
Forwarding$11.8BCore
Brokerage & advisorySteady
Warehousing/TechRecurringHigher