Exhibit 99.1

EARNINGS RELEASE

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

CONTACTS:	R. Jordan Gates	Bradley S. Powell
	President and Chief Operating Officer	Chief Financial Officer
	(206) 674-3427	(206) 674-3412

FOR IMMEDIATE RELEASE

EXPEDITORS REPORTS THIRD QUARTER 2009 EPS of $.27 PER SHARE ¹

SEATTLE, WASHINGTON – November 3, 2009, Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced quarterly net earnings attributable to shareholders of $57,752,000 for the third quarter of 2009, as compared with $85,565,000 for the same quarter of 2008, a decrease of 33%. Net revenues for the third quarter of 2009 decreased 19% to $346,512,000, as compared with $429,127,000 reported for the third quarter of 2008. Total revenues and operating income were $1,037,327,000 and $96,246,000 in 2009, as compared with $1,564,913,000 and $135,396,000 for the same quarter of 2008, decreases of 34% and 29%, respectively. Diluted net earnings attributable to shareholders per share for the third quarter of 2009 were $.27, as compared with $.39 for the same quarter in 2008, a decrease of 31%. The Company also reported that same store net revenues and operating income decreased 19% and 29%, respectively, for the third quarter of 2009 when compared with 2008.

For the nine months ended September 30, 2009, net earnings attributable to shareholders was $171,082,000 as compared with $223,286,000 in 2008, a decrease of 23%. Net revenues for the nine months decreased to $1,013,074,000 from $1,200,780,000 for 2008, down 16%. Total revenues and operating income for the nine months were $2,845,372,000 and $274,647,000 in 2009, as compared with $4,326,489,000 and $353,931,000 for the same period in 2008, decreases of 34% and 22%, respectively. Diluted net earnings attributable to shareholders per share for the first three quarters of 2009 were $.79, as compared with $1.02 for the same period of 2008, a decrease of 23%. Same store net revenues and operating income decreased 16% and 22%, respectively, for the nine months ended September 30, 2009, when compared with the same period of 2008.

“There certainly were significant challenges during the latter part of this quarter as both air and ocean carriers imposed capacity reductions in order to implement very aggressive price increases. While we wouldn’t call it ‘The Perfect Freight Storm,’ the rapidity of these carrier moves created a pricing environment that resulted in our experiencing single digit airfreight yields out of Asia during the first several weeks of September. Ocean yields were also significantly impacted. Market conditions required that we absorb these increases for several weeks as we worked with customers to raise rates in a commercially acceptable manner,” said Peter J. Rose, Chairman and Chief Executive Officer. “On a more positive note, however, year-over-year declines in freight volumes for the month of September (as compared to September 2008), were at the lowest levels we’ve experienced all year. Airfreight tonnage was down 6% while ocean freight container counts were down 17%. Lower yields aside, it was somewhat reassuring to experience freight volumes that, while albeit still negative, seemed to be moving in the right direction,” Rose went on to say.

“While we’ll be the first to acknowledge 2009 has been a tough year, we remain very positive on how we’re positioned for the future, particularly as the global economy gradually strengthens. A strong balance sheet with nearly $1 billion in cash is very stabilizing. With 252 locations throughout the world we’re able to grow market share everywhere we have a network presence. Having not resorted to layoffs, while challenging in the short-term, has allowed our people to maintain that Expeditors’ esprit de corps that we rely on to service our customers and to grow our business over the long-term,” Rose commented. “Sticking to our core values and ‘walking the walk’ when times are tough provides a tremendously stable springboard from which to expand our customer base, provide technological solutions to our customers and provide opportunities to our people as the business climate improves,” Rose concluded.

Expeditors is a global logistics company headquartered in Seattle, Washington. The company employs trained professionals in 183 full-service offices, 65 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.

¹ Diluted earnings attributable to shareholders per share.

NOTE: See Disclaimer on Forward-Looking Statements on the following page of this release.

Expeditors International of Washington, Inc.

Third Quarter 2009 Earnings Release

November 3, 2009

Expeditors International of Washington, Inc.

Financial Highlights

Three months and Nine months ended

September 30, 2009 and 2008

(Unaudited)

(in 000’s except share data)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2009		2008		% Decrease		2009		2008		% Decrease
Revenues	$	1,037,327	$	1,564,913	34	%	$	2,845,372	$	4,326,489	34	%
Net revenues	$	346,512	$	429,127	19	%	$	1,013,074	$	1,200,780	16	%
Operating income	$	96,246	$	135,396	29	%	$	274,647	$	353,931	22	%
Net earnings attributable to shareholders	$	57,752	$	85,565	33	%	$	171,082	$	223,286	23	%
Diluted earnings attributable to shareholders per share	$	.27	$	.39	31	%	$	.79	$	1.02	23	%
Basic earnings attributable to shareholders per share	$	.27	$	.40	33	%	$	.81	$	1.05	23	%
Weighted average diluted shares outstanding		216,684,079		218,729,790				216,582,370		219,903,341
Weighted average basic shares outstanding		212,241,480		212,747,871				212,153,404		213,027,420

During the third quarter of 2009, the Company did not open any new offices and closed one satellite office in Port Elizabeth, South Africa.

Investors may submit written questions via e-mail to: investor@expeditors.com

Or by fax to: (206) 674-3459

Questions received by the end of business on November 6, 2009 will be considered in management’s 8-K “Responses to Selected Questions” expected to be filed on or about November 20, 2009.

Disclaimer on Forward-Looking Statements:

Certain portions of this release contain forward-looking statements which are based on certain assumptions and expectations of future events that are subject to risks and uncertainties, including comments on future economic trends, improving business climate, positive trends in freight volumes and ability to grow market share. Actual future results and trends may differ materially from historical results or those projected in any forward-looking statements depending on a variety of factors including, but not limited to, our ability to maintain consistent and stable operating results, future success of our business model, ability to perpetuate profits, changes in customer demand for Expeditors’ services caused by a general economic slow-down, inventory build-up, decreased consumer confidence, volatility in equity markets, energy prices, political changes, or the unpredictable acts of competitors and other risks, risk factors and uncertainties detailed in our Annual and Quarterly Reports filed with the Securities and Exchange Commission.

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.

AND SUBSIDIARIES

Condensed Consolidated Balance Sheets

(In thousands, except share data)

(Unaudited)

	September 30, 2009		December 31, 2008
Assets
Current assets:
Cash and cash equivalents	$	947,269	$	741,028
Short-term investments		629		658
Accounts receivable, net		684,248		788,176
Deferred Federal and state income taxes		7,806		7,986
Other current assets		36,568		35,511
Total current assets		1,676,520		1,573,359
Property and equipment, net		496,203		493,129
Goodwill, net		7,927		7,927
Other intangibles, net		5,380		6,503
Other assets		30,857		19,921
	$	2,216,887	$	2,100,839
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable		486,663		491,823
Accrued expenses, primarily salaries and related costs		150,880		150,487
Federal, state and foreign income taxes		17,593		28,039
Total current liabilities		655,136		670,349
Deferred Federal and state income taxes		41,796		46,574
Shareholders’ equity:
Preferred stock; none issued		—		—
Common stock, par value $.01 per share; issued and outstanding 211,984,747 shares at September 30, 2009 and 211,973,377 shares at December 31, 2008		2,120		2,120
Additional paid-in capital		6,751		7,150
Retained earnings		1,503,162		1,372,356
Accumulated other comprehensive income (loss)		13		(15,208	)
Total shareholders’ equity		1,512,046		1,366,418
Noncontrolling interest		7,909		17,498
Total equity		1,519,955		1,383,916
	$	2,216,887	$	2,100,839

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.

AND SUBSIDIARIES

Condensed Consolidated Statements of Earnings

(In thousands, except share data)

(Unaudited)

	Three months ended September 30,						Nine months ended September 30,
	2009			2008			2009			2008
Revenues:
Airfreight services	$	457,405		$	703,152		$	1,203,220		$	1,961,797
Ocean freight and ocean services		331,454			567,155			949,380			1,530,420
Customs brokerage and other services		248,468			294,606			692,772			834,272
Total revenues		1,037,327			1,564,913			2,845,372			4,326,489
Operating expenses:
Airfreight consolidation		340,746			553,672			848,131			1,532,454
Ocean freight consolidation		247,733			454,622			704,850			1,234,829
Customs brokerage and other services		102,336			127,492			279,317			358,426
Salaries and related costs		194,743			224,809			571,517			646,159
Rent and occupancy costs		18,183			19,729			54,861			58,538
Depreciation and amortization		9,923			10,222			30,125			30,050
Selling and promotion		6,541			8,881			18,310			28,129
Other		20,876			30,090			63,614			83,973
Total operating expenses		941,081			1,429,517			2,570,725			3,972,558
Operating income		96,246			135,396			274,647			353,931
Interest income		2,214			5,005			8,253			14,884
Interest expense		(325	)		(23	)		(404	)		(169	)
Other, net		1,192			2,225			7,826			3,337
Other income, net		3,081			7,207			15,675			18,052
Earnings before income taxes		99,327			142,603			290,322			371,983
Income tax expense		41,763			56,457			119,575			147,710
Net earnings		57,564			86,146			170,747			224,273
Net earnings attributable to noncontrolling interest		188			(581	)		335			(987	)
Net earnings attributable to shareholders	$	57,752		$	85,565		$	171,082		$	223,286
Diluted earnings attributable to shareholders per share	$	0.27		$	0.39		$	0.79		$	1.02
Basic earnings attributable to shareholders per share	$	0.27		$	0.40		$	0.81		$	1.05
Dividends declared and paid per common share	$	—		$	—		$	0.19		$	0.16
Weighted average diluted shares outstanding		216,684,079			218,729,790			216,582,370			219,903,341
Weighted average basic shares outstanding		212,241,480			212,747,871			212,153,404			213,027,420

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.

AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows

(In thousands)

(Unaudited)

	Three months ended September 30,						Nine months ended September 30,
	2009			2008			2009			2008
Operating Activities:
Net earnings	$	57,564		$	86,146		$	170,747		$	224,273
Adjustments to reconcile net earnings to net cash provided by operating activities:
Provision for losses on accounts receivable		(778	)		1,503			791			930
Deferred income tax (benefit) expense		(6,701	)		1,117			(12,945	)		17,590
Excess tax benefits from stock plans		(246	)		(485	)		(5,381	)		(9,880	)
Stock compensation expense		10,794			11,513			29,065			34,116
Depreciation and amortization		9,923			10,222			30,125			30,050
Loss (gain) on sale of assets		8			(46	)		(2	)		(651	)
Other		365			396			1,092			1,328
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable		(94,025	)		(51,422	)		120,318			(83,446	)
Increase in other current assets		(803	)		(2,544	)		(2,126	)		(1,867	)
Increase (decrease) in accounts payable and accrued expenses		71,711			13,796			(28,788	)		95,898
(Decrease) increase in income taxes payable, net		(5,350	)		21,482			(3,066	)		(1,955	)
Net cash provided by operating activities		42,462			91,678			299,830			306,386
Investing Activities:
Decrease (increase) in short-term investments		17			(6	)		48			210
Purchase of property and equipment		(9,514	)		(24,631	)		(25,336	)		(49,157	)
Proceeds from sale of property and equipment		48			106			125			287
Prepayment on long-term land lease		(1,898	)		—			(9,242	)		—
Other		438			635			(1,153	)		690
Net cash used in investing activities		(10,909	)		(23,896	)		(35,558	)		(47,970	)
Financing Activities:
Proceeds from issuance of common stock		25,107			26,737			42,511			46,888
Repurchases of common stock		(34,103	)		(75,332	)		(77,075	)		(144,920	)
Excess tax benefits from stock plans		246			485			5,381			9,880
Dividends paid		—			2			(40,276	)		(34,161	)
Distributions to noncontrolling interests		(1,009	)		(772	)		(1,009	)		(879	)
Purchases of noncontrolling interest		—			—			(2,122	)		—
Net cash used in financing activities		(9,759	)		(48,880	)		(72,590	)		(123,192	)
Effect of exchange rate changes on cash		9,493			(26,041	)		14,559			(13,474	)
Increase (decrease) in cash and cash equivalents		31,287			(7,139	)		206,241			121,750
Cash and cash equivalents at beginning of period		915,982			703,488			741,028			574,599
Cash and cash equivalents at end of period	$	947,269		$	696,349		$	947,269		$	696,349
Interest and taxes paid:
Interest	$	317			20		$	397			166
Income taxes		46,607			32,114			121,717			123,999

EXPEDITORS INTERNATIONAL OF WASHINGTON, INC. AND SUBSIDIARIES

Business Segment Information

(In thousands)

(Unaudited)

	United States		Other North America	Latin America	Asia	Europe and Africa	Middle East and India	Australasia	Eliminations		Consolidated
Three months ended September 30, 2009
Revenues from unaffiliated customers	$	246,066	32,214	16,552	516,897	147,354	60,269	17,975			1,037,327
Transfers between geographic areas		18,293	1,716	3,461	4,227	6,487	3,738	2,595	(40,517	)	—
Total revenues	$	264,359	33,930	20,013	521,124	153,841	64,007	20,570	(40,517	)	1,037,327
Net revenues	$	139,232	16,667	10,960	89,490	57,857	20,771	11,535			346,512
Operating income	$	37,502	4,090	2,611	33,303	9,650	5,424	3,666			96,246
Identifiable assets	$	1,135,327	73,500	37,216	435,584	376,050	121,079	35,518	2,613		2,216,887
Capital expenditures	$	7,656	186	171	248	506	588	159			9,514
Depreciation and amortization	$	5,048	358	245	1,868	1,593	646	165			9,923
Equity	$	1,656,409	44,455	14,982	308,304	137,278	70,531	22,487	(734,491	)	1,519,955
Three months ended September 30, 2008
Revenues from unaffiliated customers	$	338,662	43,225	21,274	852,255	215,018	72,904	21,575			1,564,913
Transfers between geographic areas		30,807	2,883	4,327	5,624	11,966	4,757	2,307	(62,671	)	—
Total revenues	$	369,469	46,108	25,601	857,879	226,984	77,661	23,882	(62,671	)	1,564,913
Net revenues	$	166,045	19,199	14,069	119,309	74,089	23,270	13,146			429,127
Operating income	$	40,847	4,586	3,700	58,111	16,804	6,867	4,481			135,396
Identifiable assets	$	980,475	79,031	55,979	527,520	467,859	116,698	38,139	4,636		2,270,337
Capital expenditures	$	9,219	658	171	9,861	3,748	925	49			24,631
Depreciation and amortization	$	5,418	371	316	1,686	1,611	600	220			10,222
Equity	$	1,488,514	40,254	26,464	397,491	175,093	57,088	25,735	(853,886	)	1,356,753
Nine months ended September 30, 2009
Revenues from unaffiliated customers	$	704,962	91,482	47,486	1,373,093	415,479	167,848	45,022			2,845,372
Transfers between geographic areas		54,847	5,340	9,972	11,863	19,086	11,005	7,448	(119,561	)	—
Total revenues	$	759,809	96,822	57,458	1,384,956	434,565	178,853	52,470	(119,561	)	2,845,372
Net revenues	$	399,614	47,718	32,645	275,680	165,623	61,229	30,565			1,013,074
Operating income	$	95,483	11,512	8,691	107,424	26,417	15,362	9,758			274,647
Identifiable assets	$	1,135,327	73,500	37,216	435,584	376,050	121,079	35,518	2,613		2,216,887
Capital expenditures	$	19,268	477	582	1,259	1,847	1,486	417	—		25,336
Depreciation and amortization	$	15,828	1,031	729	5,714	4,490	1,860	473	—		30,125
Equity	$	1,656,409	44,455	14,982	308,304	137,278	70,531	22,487	(734,491	)	1,519,955
Nine months ended September 30, 2008
Revenues from unaffiliated customers	$	961,377	119,691	63,269	2,300,191	609,879	207,261	64,821			4,326,489
Transfers between geographic areas		81,953	7,579	11,060	16,364	33,725	13,293	6,599	(170,573	)	—
Total revenues	$	1,043,330	127,270	74,329	2,316,555	643,604	220,554	71,420	(170,573	)	4,326,489
Net revenues	$	470,573	53,882	39,246	322,738	212,148	64,223	37,970			1,200,780
Operating income	$	102,254	11,779	10,499	152,878	46,600	17,580	12,341			353,931
Identifiable assets	$	980,475	79,031	55,979	527,520	467,859	116,698	38,139	4,636		2,270,337
Capital expenditures	$	20,022	1,848	940	16,371	7,042	2,532	402			49,157
Depreciation and amortization	$	16,223	1,011	918	4,439	5,060	1,683	716			30,050
Equity	$	1,488,514	40,254	26,464	397,491	175,093	57,088	25,735	(853,886	)	1,356,753