EX-99.1 2 a08-13987_1ex99d1.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

 

 

 

President and Chief Operating Officer

 

 

 

(206) 674-3427

FOR IMMEDIATE RELEASE

 

EXPEDITORS ANNOUNCES SEMI-ANNUAL CASH DIVIDEND OF $.16

 

SEATTLE, WASHINGTON — May 8, 2008, 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.