Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Akanksha Bakshi

Benchmark Initiates Coverage On This Logistics Provider With Hold Rating

Expeditors International of Washington Inc (NASDAQ:EXPD) was initiated with a Hold rating by Benchmark analyst Christopher Kuhn.
The analyst calls the company a "high-quality freight forwarder" that has taken benefit of the strong growth in the freight forwarding market.
Kuhn expects Expeditors' revenue and operating margins to revert to normal levels as tight capacity in the air and ocean markets ultimately normalize, and models an EPS drop in 2023.
He thinks the current valuation adequately accounts for decreasing operating results in 2023.
Price Action: EXPD shares traded higher by 1.95% at $101.43 on the last check Wednesday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Nicaraguan Parliament Approves Constitutional Reform Granting More Power To President

Nicaraguan Parliament Approves Constitutional Reform Granting More Power To President

Nicaragua's constitutional reform raises concerns over democracy and human rights due to increased presidential authority.

Tennessee Man Avoids Prison In Young Dolph Murder Case

Tennessee Man Avoids Prison In Young Dolph Murder Case

Jermarcus Johnson sentenced to probation for aiding killers in aftermath of rapper Young Dolph's murder. Case reveals complexities of music industry feuds.

Homeowner Killed by Cop After Calling to Report Break-In Predicted His Own Death on 911 Call: 'I Don't Think I'll Be Alive'

Homeowner Killed by Cop After Calling to Report Break-In Predicted His Own Death on 911 Call: 'I Don't Think I'll Be Alive'

A Las Vegas homeowner shot to death in his own home by cops previously told dispatchers while reporting a break-in in a 911 call, "I don't think I'll be alive."

California case is the first confirmed bird flu infection in a US child

California case is the first confirmed bird flu infection in a US child

Health officials are confirming bird flu in a California child — the first reported case in a U.S. minor

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Putin says Russia will use experimental missile again after Ukraine strike

Putin says Russia will use experimental missile again after Ukraine strike

Ukrainian president calls testing of nuclear-capable weapon on his country’s territory an ‘international crime’

The Guardian - UK

Ice could add 600 beds to New Jersey detention center, documents show

Ice could add 600 beds to New Jersey detention center, documents show

ACLU obtains documents showing agency’s effort to expand state’s detention capacity for undocumented immigrants

The Guardian - US

Related Stories

Top stories on inkl right now

Nicaraguan Parliament Approves Constitutional Reform Granting More Power To President

Nicaraguan Parliament Approves Constitutional Reform Granting More Power To President

Nicaragua's constitutional reform raises concerns over democracy and human rights due to increased presidential authority.

Tennessee Man Avoids Prison In Young Dolph Murder Case

Tennessee Man Avoids Prison In Young Dolph Murder Case

Jermarcus Johnson sentenced to probation for aiding killers in aftermath of rapper Young Dolph's murder. Case reveals complexities of music industry feuds.

Homeowner Killed by Cop After Calling to Report Break-In Predicted His Own Death on 911 Call: 'I Don't Think I'll Be Alive'

Homeowner Killed by Cop After Calling to Report Break-In Predicted His Own Death on 911 Call: 'I Don't Think I'll Be Alive'

A Las Vegas homeowner shot to death in his own home by cops previously told dispatchers while reporting a break-in in a 911 call, "I don't think I'll be alive."

California case is the first confirmed bird flu infection in a US child

California case is the first confirmed bird flu infection in a US child

Health officials are confirming bird flu in a California child — the first reported case in a U.S. minor

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Putin says Russia will use experimental missile again after Ukraine strike

Putin says Russia will use experimental missile again after Ukraine strike

Ukrainian president calls testing of nuclear-capable weapon on his country’s territory an ‘international crime’

The Guardian - UK

Ice could add 600 beds to New Jersey detention center, documents show

Ice could add 600 beds to New Jersey detention center, documents show

ACLU obtains documents showing agency’s effort to expand state’s detention capacity for undocumented immigrants

The Guardian - US

Our Picks

'Squid Game' showrunner teases 'more intriguing games' for season 2 of the Netflix hit

Plus, what's in store for fans when 'Squid Game' season 3 drops in 2025

Ellen DeGeneres embraces fresh start in England with bold new look

DeGeneres was seen with a brand new hairstyle while spending time in Jeremy Clarkson’s pub in the Cotswolds

The Independent UK

“People have used it as their wedding song. I often think, ‘Hey, did you listen to the lyrics?’”: The classic number one hit with a sting in its tail

And with the money it made, the band bought an oil well!

Mystery chemical in drinking water identified after 40 years—and nobody knows if it's toxic

The byproduct of chloramine—used to disinfect drinking water—and naturally occurring chemicals has finally been identified: chloranitramide.

Brad Pitt reportedly has thoughts about Angelina Jolie bringing son Knox to the Governors Awards

Brad Pitt reportedly has thoughts about Angelina Jolie bringing son Knox to the Governors Awards

Cara Delevingne Dishes on Taking Taylor Swift on a "Wild Ride" When They Lived Together

Well, they weren't bored.

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play