EX-99.1 2 a07-13190_2ex99d1.htm EX-99.1

Exhibit 99.1

PRESS RELEASE


By:


Expeditors International of Washington, Inc.
1015 Third Avenue, Suite 1200
Seattle, Washington 98104

 

 

 

 

CONTACT:

R. Jordan Gates

 

 

 

Chief Financial Officer

 

 

 

(206) 674-3427

FOR IMMEDIATE RELEASE

 

EXPEDITORS ANNOUNCES SEMI-ANNUAL CASH DIVIDEND OF $.14

SEATTLE, WASHINGTON – May 3, 2007, Expeditors International of Washington, Inc. (NASDAQ: EXPD), today announced that its Board of Directors has declared a semi-annual cash dividend of $.14 per share, a 27% increase from the $.11 per share semi-annual dividend declared in 2006.  The dividend will be payable on June 15, 2007 to shareholders of record as of June 1, 2007.

Expeditors is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in 172 full-service offices, 60 satellite locations and 5 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.