The annual results of Expeditors, if anything, reinforce the view that what it’s doing is great but there is actually only so much it can do to manage the headwinds.
And these are not headwinds the world’s fifth largest freight forwarder by revenues might be familiar with.
In his prepared remarks, as I briefly pointed out here yesterday, president and chief executive officer Jeffrey S. Musser said:
“While we would normally expect softness in the first part of Q1 because of the Chinese …
