Expeditors International of Washington (EXPD)

EXPD » Topics » Will you please comment on business segments? For example, you said that retailers rushed imports from the PRC in June 2005. Are you still seeing that? Are there any other industry groups that are noticeable in either direction (good or bad?)

This excerpt taken from the EXPD 8-K filed Aug 17, 2005.
Will you please comment on business segments?  For example, you said that retailers rushed imports from the PRC in June 2005.  Are you still seeing that?  Are there any other industry groups that are noticeable in either direction (good or bad?)

 

Most of what the retailers were rushing went by airfreight.  As explained above, this action was taken to make sure that commodities approaching the safeguard limits would arrive into the U.S. in time to qualify for importation during 2005.   Tech and manufacturing were primarily focused in the normal rush to ship product in order to book quarter-end sales.

 

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