Expeditors Announces Semi-Annual Cash Dividend of $.16

SEATTLE, May 08, 2008 (BUSINESS WIRE) --

Companies: Expeditors International Washington Inc (EXPD)

Expeditors International of Washington, Inc. (NASDAQ:EXPD), today announced that its Board of Directors has declared a semi-annual cash dividend of $.16 per share, a 14% increase from the $.14 per share semi-annual dividend declared in 2007. The dividend will be payable on June 16, 2008 to shareholders of record as of June 2, 2008.

Expeditors is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in 179 full-service offices, 69 satellite locations and 4 international service centers located on six continents linked into a seamless worldwide network through an integrated information management system. Services include air and ocean freight forwarding, vendor consolidation, customs clearance, marine insurance, distribution and other value added international logistics services.

SOURCE: Expeditors International of Washington, Inc. 

Expeditors International of Washington, Inc.
R. Jordan Gates
President and Chief Operating Officer
206-674-3427

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Companies: Expeditors International Washington Inc (EXPD)


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