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 RECORD SECOND QUARTER 2010 EPS OF $.42 PER SHARE ¹

SEATTLE, WASHINGTON – August 2, 2010, Expeditors International of Washington, Inc. (NASDAQ:EXPD) today announced record net earnings attributable to shareholders of $90,318,000 for the second quarter of 2010, as compared with $54,070,000 for the same quarter of 2009, an increase of 67%. Net revenues for the second quarter of 2010 increased 27% to $418,858,000 as compared with $330,047,000 reported for the second quarter of 2009. Total revenues and operating income were $1,516,770,000 and $138,496,000 in 2010, as compared with $895,360,000 and $86,927,000 for the same quarter of 2009, increases of 69% and 59%, respectively. Diluted net earnings attributable to shareholders per share for the second quarter were $.42, as compared with $.25 for the same quarter in 2009, an increase of 68%.

For the six months ended June 30, 2010, net earnings attributable to shareholders was $151,565,000, as compared with $113,330,000 in 2009, an increase of 34%. Net revenues for the six months increased to $780,681,000 from $666,562,000 for 2009, up 17%. Total revenues and operating income for the six months were $2,717,879,000 and $239,037,000 in 2010, as compared with $1,808,045,000 and $178,401,000 for the same period in 2009, increases of 50% and 34%, respectively. Diluted net earnings attributable to shareholders per share for the first two quarters of 2010 were $.70, as compared with $.52 for the same period of 2009, an increase of 35%.

“The ultimate testament to the strength of this quarter might be that when the numbers were finalized, we’d actually managed to surprise ourselves by a couple of cents,” said Peter J. Rose, Chairman and Chief Executive Officer. “Having the opportunity to add value to the supply-chains of successful companies is what adds value to Expeditors. We were somewhat awed by the strength that we saw in our customers’ supply chains this quarter and we’re obviously very grateful they chose to work with us. It was impressive that airfreight tonnage and ocean freight container count this quarter were up 54% and 26%, respectively, compared with the second quarter of 2009. The fact that this quarter’s net revenue was actually 5% higher than second quarter 2008 levels was particularly reassuring. While it’s much too soon to extrapolate this quarter’s results over the remainder of 2010, we think operating above second quarter 2008 levels is a positive development,” Rose went on to say.

“Our philosophy these last several years has been to try to not do anything stupid. We simply did what we’ve always done; focusing on improving customer service; taking market share by adding new customers; taking care of our people by not doing lay-offs; and making ourselves more productive through continued process improvement efforts. Boring consistency is what we do best,” Rose continued. “Some may point to ‘lower yields,’ or the $.01 to $.02 per share¹ benefit coming from foreign exchange gains and a somewhat lower tax rate, but those factors aren’t the main thrust of what happened during the second quarter of 2010. The main story this quarter was the outstanding job, from both a productivity and customer service perspective, that our people did navigating the myriad market challenges required to manage those incredibly large freight volumes our customers entrusted to us. We’re grateful to our employees for their unfailing efforts, and to our customers for the confidence they’ve shown by trusting us with their business,” 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 2 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.

2^nd Quarter 2010 Earnings Release

August 2, 2010

Expeditors International of Washington, Inc.

Financial Highlights

Three months and Six months ended

June 30, 2010 and 2009

Unaudited

(in 000’s of US dollars except share data)

	Three Months Ended June 30,						Six Months Ended June 30,
	2010		2009		% Increase		2010		2009		% Increase
Revenues	$	1,516,770	$	895,360	69	%	$	2,717,879	$	1,808,045	50	%
Net revenues	$	418,858	$	330,047	27	%	$	780,681	$	666,562	17	%
Operating income	$	138,496	$	86,927	59	%	$	239,037	$	178,401	34	%
Net earnings attributable to shareholders	$	90,318	$	54,070	67	%	$	151,565	$	113,330	34	%
Diluted earnings attributable to shareholders	$	.42	$	.25	68	%	$	.70	$	.52	35	%
Basic earnings attributable to shareholders	$	.43	$	.25	72	%	$	.71	$	.53	34	%
Diluted weighted average shares outstanding		216,460,977		216,653,968				216,576,596		216,519,551
Basic weighted average shares outstanding		212,332,375		212,116,679				212,262,928		212,108,636

Percentage increases in same store net revenues and operating income were approximately the same as amounts reported above.

During the second quarter of 2010, the Company opened two full-service offices: 1) in Oslo, Norway (formerly an agent location); and 2) Zhongshan, People’s Republic of China (formerly a satellite of Shenzhen, People’s Republic of China).

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 August 6, 2010 will be considered in management’s 8-K “Responses to Selected Questions” expected to be filed on or about August 13, 2010.

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, ability to improve productivity and acquire market share, and changes in foreign exchange rates. 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, customers’ inventory build-up, decreased consumer confidence, volatility in equity markets, energy prices, political changes, regulatory 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)

	June 30, 2010			December 31, 2009
Assets
Current assets:
Cash and cash equivalents	$	960,300		$	925,929
Short-term investments		705			655
Accounts receivable, net		1,016,575			810,369
Deferred Federal and state income taxes		8,141			8,338
Other current assets		36,686			42,539
Total current assets		2,022,407			1,787,830
Property and equipment, net		483,827			495,701
Goodwill, net		7,927			7,927
Other intangibles, net		4,218			4,938
Other assets, net		28,163			27,326
	$	2,546,542		$	2,323,722
Liabilities and Equity
Current liabilities:
Accounts payable		659,237			546,675
Accrued expenses, primarily salaries and related costs		176,943			145,545
Federal, state and foreign income taxes		28,356			16,166
Total current liabilities		864,536			708,386
Deferred Federal and state income taxes		47,198			53,989
Commitments and contingencies
Shareholders’ equity:
Preferred stock; none issued		—			—
Common stock, par value $.01 per share; issued and outstanding 212,018,342 shares at June 30, 2010 and 212,025,494 shares at December 31, 2009		2,120			2,120
Additional paid-in capital		6,572			18,265
Retained earnings		1,634,771			1,532,018
Accumulated other comprehensive (loss) income		(17,043	)		604
Total shareholders’ equity		1,626,420			1,553,007
Noncontrolling interest		8,388			8,340
Total equity		1,634,808			1,561,347
	$	2,546,542		$	2,323,722

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EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.

AND SUBSIDIARIES

Condensed Consolidated Statements of Earnings

(In thousands, except share data)

(Unaudited)

	Three months ended June 30,						Six months ended June 30,
	2010			2009			2010			2009
Revenues:
Airfreight services	$	732,881		$	371,359		$	1,292,264		$	745,815
Ocean freight and ocean services		493,613			299,292			874,857			617,926
Customs brokerage and other services		290,276			224,709			550,758			444,304
Total revenues		1,516,770			895,360			2,717,879			1,808,045
Operating expenses:
Airfreight consolidation		571,023			257,016			998,365			507,385
Ocean freight consolidation		400,729			218,891			701,819			457,117
Customs brokerage and other services		126,160			89,406			237,014			176,981
Salaries and related costs		221,105			189,565			420,953			376,774
Rent and occupancy costs		18,699			17,954			37,926			36,678
Depreciation and amortization		9,110			10,244			18,505			20,202
Selling and promotion		7,550			5,547			14,585			11,769
Other		23,898			19,810			49,675			42,738
Total operating expenses		1,378,274			808,433			2,478,842			1,629,644
Operating income		138,496			86,927			239,037			178,401
Interest income		1,484			2,433			3,259			6,039
Interest expense		(151	)		(64	)		(238	)		(79	)
Other, net		10,288			2,081			10,897			6,634
Other income, net		11,621			4,450			13,918			12,594
Earnings before income taxes		150,117			91,377			252,955			190,995
Income tax expense		59,708			37,563			101,236			77,812
Net earnings		90,409			53,814			151,719			113,183
Less: net earnings attributable to noncontrolling interest		91			(256	)		154			(147	)
Net earnings attributable to shareholders	$	90,318		$	54,070		$	151,565		$	113,330
Diluted earnings attributable to shareholders per share	$	0.42		$	0.25		$	0.70		$	0.52
Basic earnings attributable to shareholders per share	$	0.43		$	0.25		$	0.71		$	0.53
Dividends declared and paid per common share	$	0.20		$	0.19		$	0.20		$	0.19
Weighted average diluted shares outstanding		216,460,977			216,653,968			216,576,596			216,519,551
Weighted average basic shares outstanding		212,332,375			212,116,679			212,262,928			212,108,636

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EXPEDITORS INTERNATIONAL OF WASHINGTON, INC.

AND SUBSIDIARIES

Condensed Consolidated Statements of Cash Flows

(In thousands)

(Unaudited)

	Three months ended June 30,						Six months ended June 30,
	2010			2009			2010			2009
Operating Activities:
Net earnings	$	90,409		$	53,814		$	151,719		$	113,183
Adjustments to reconcile net earnings to net cash provided by operating activities:
Provision for losses on accounts receivable		(618	)		(1,075	)		1,825			1,569
Deferred income tax expense (benefit)		10,814			(12,695	)		3,086			(6,244	)
Excess tax benefits from stock plans		(4,107	)		(2,073	)		(8,119	)		(5,135	)
Stock compensation expense		11,003			11,371			22,201			18,271
Depreciation and amortization		9,110			10,244			18,505			20,202
Gain on sale of assets		(109	)		(6	)		(404	)		(10	)
Other		367			365			845			727
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable		(219,602	)		60,379			(232,567	)		214,343
Decrease (increase) in other current assets		2,947			(1,308	)		1,136			(1,323	)
Increase (decrease) in accounts payable and accrued expenses		121,941			(20,329	)		165,110			(100,499	)
(Decrease) increase in income taxes payable, net		(1,609	)		(13,601	)		24,332			2,284
Net cash provided by operating activities		20,546			85,086			147,669			257,368
Investing Activities:
Decrease (increase) in short-term investments		6			(13	)		(30	)		31
Purchase of property and equipment		(8,118	)		(7,166	)		(15,700	)		(15,822	)
Proceeds from sale of property and equipment		111			33			170			77
Prepayment on long-term land lease		—			(7,344	)		—			(7,344	)
Other		(707	)		(109	)		(895	)		(1,591	)
Net cash used in investing activities		(8,708	)		(14,599	)		(16,455	)		(24,649	)
Financing Activities:
Proceeds from issuance of common stock		11,020			8,868			23,240			17,404
Repurchases of common stock		(53,649	)		(23,760	)		(71,668	)		(42,972	)
Excess tax benefits from stock plans		4,107			2,073			8,119			5,135
Dividends paid		(42,397	)		(40,276	)		(42,397	)		(40,276	)
Purchase of noncontrolling interest		—			—			—			(2,122	)
Net cash used in financing activities		(80,919	)		(53,095	)		(82,706	)		(62,831	)
Effect of exchange rate changes on cash and cash equivalents		(12,267	)		14,911			(14,137	)		5,066
(Decrease) increase in cash and cash equivalents		(81,348	)		32,303			34,371			174,954
Cash and cash equivalents at beginning of period		1,041,648			883,679			925,929			741,028
Cash and cash equivalents at end of period	$	960,300		$	915,982		$	960,300		$	915,982
Interest and taxes paid:
Interest	$	152			65		$	239			80
Income taxes		56,846			59,746			76,842			75,110

2-August-2010 Expeditors International of Washington, Inc. Page 5 of 6

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	Austral- asia	Elimi- nations		Consoli- dated
Three months ended June 30, 2010
Revenues from unaffiliated customers	$	331,619	41,675	18,621	855,568	172,869	75,916	20,502			1,516,770
Transfers between geographic areas		25,429	2,346	4,231	5,573	10,429	3,894	2,585	(54,487	)	—
Total revenues	$	357,048	44,021	22,852	861,141	183,298	79,810	23,087	(54,487	)	1,516,770
Net revenues	$	163,036	19,424	12,729	124,802	64,054	22,287	12,526			418,858
Operating income	$	52,516	5,572	3,787	52,464	14,888	5,599	3,670			138,496
Identifiable assets	$	1,324,522	85,645	46,951	517,346	394,430	134,715	35,827	7,106		2,546,542
Capital expenditures	$	3,366	149	357	1,386	2,231	591	38			8,118
Depreciation and amortization	$	4,848	353	211	1,693	1,225	612	168			9,110
Equity	$	1,047,968	46,978	22,232	315,631	134,216	77,541	22,471	(32,229	)	1,634,808
Three months ended June 30, 2009
Revenues from unaffiliated customers	$	222,569	29,500	14,804	427,914	135,259	50,466	14,848			895,360
Transfers between geographic areas		18,046	1,742	3,069	3,903	5,826	3,700	2,552	(38,838	)	—
Total revenues	$	240,615	31,242	17,873	431,817	141,085	54,166	17,400	(38,838	)	895,360
Net revenues	$	129,236	14,852	11,173	91,492	53,648	19,382	10,264			330,047
Operating income	$	27,345	3,082	3,716	35,894	7,996	5,599	3,295			86,927
Identifiable assets	$	1,023,955	62,133	32,222	452,563	360,322	114,673	27,824	252		2,073,944
Capital expenditures	$	5,514	142	180	470	256	558	46			7,166
Depreciation and amortization	$	5,470	347	246	1,913	1,492	619	157			10,244
Equity	$	862,133	39,227	12,813	334,446	142,949	69,815	18,034	(24,734	)	1,454,683
Six months ended June 30, 2010
Revenues from unaffiliated customers	$	618,555	77,287	34,917	1,474,457	334,714	139,148	38,801			2,717,879
Transfers between geographic areas		44,172	4,155	7,892	10,350	18,362	7,470	4,918	(97,319	)	—
Total revenues	$	662,727	81,442	42,809	1,484,807	353,076	146,618	43,719	(97,319	)	2,717,879
Net revenues	$	309,941	35,846	24,247	220,797	123,977	42,233	23,640			780,681
Operating income	$	90,690	9,471	7,318	88,353	26,742	9,924	6,539			239,037
Identifiable assets	$	1,324,522	85,645	46,951	517,346	394,430	134,715	35,827	7,106		2,546,542
Capital expenditures	$	7,840	325	634	2,012	3,452	1,335	102			15,700
Depreciation and amortization	$	9,870	706	416	3,405	2,537	1,219	352			18,505
Equity	$	1,047,968	46,978	22,232	315,631	134,216	77,541	22,471	(32,229	)	1,634,808
Six months ended June 30, 2009
Revenues from unaffiliated customers	$	458,897	59,268	30,933	856,196	268,125	107,579	27,047			1,808,045
Transfers between geographic areas		36,554	3,624	6,511	7,636	12,599	7,267	4,853	(79,044	)	—
Total revenues	$	495,451	62,892	37,444	863,832	280,724	114,846	31,900	(79,044	)	1,808,045
Net revenues	$	260,381	31,052	21,686	186,190	107,765	40,458	19,030			666,562
Operating income	$	57,981	7,422	6,080	74,121	16,767	9,938	6,092			178,401
Identifiable assets	$	1,023,955	62,133	32,222	452,563	360,322	114,673	27,824	252		2,073,944
Capital expenditures	$	11,612	291	411	1,010	1,341	899	258			15,822
Depreciation and amortization	$	10,780	673	485	3,845	2,897	1,214	308			20,202
Equity	$	862,133	39,227	12,813	334,446	142,949	69,815	18,034	(24,734	)	1,454,683

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