EXPD is positioned to take advantage of the growing global sourcing. Companies are moving goods across more countries, which involves increase in international shipping demand and knowledge of governmental regulations. These firms are outsourcing this need to logistic companies like EXPD. EXPD has a worldwide network that customers desire.
EXPD is one of the most profitable companies in its industry. The performance based compensation has provided greater incentive for managers to make sales and cut expenses.
EXPD does not own transportation assets. The company does have forced depreciation expense and maintenance charges. It can take advantage of competitive pricing among transportation carriers.