Expeditors reports sharp profit increase

Expeditors reports sharp profit increase

Rose

   Seattle-based logistics company Expeditors International of Washington Inc. reported first quarter net profit of $91 million, 49 percent more than the $61 million in the same quarter of 2010.
   Revenue increased 22 percent to $1.46 billion.
   'The most remarkable thing to us about this 2011 first quarter was the strong across-the-board operating income growth. All of our geographic operating segments made outstanding contributions,” said Peter J. Rose, chairman and chief executive officer.