Expeditors International of Washington, Inc. (EXPD) Earnings Call Transcripts
Expeditors International of Washington, Inc.'s Latest Earnings Call - September 3, 2026
In the earnings call for Expeditors International of Washington, Inc. (EXPD:US) held on September 3, 2026, management discussed the significant impact of Canada's new counter tariffs on U.S. imports, which are set to take effect on September 8. The tariffs, ranging from 15% to 50% on over 700 product lines, are expected to increase landed costs and cash flow pressures for importers. While management did not provide specific revenue or earnings figures for the quarter, they emphasized the need for importers to proactively assess their supply chains and explore remission opportunities to mitigate the financial impact. No changes to guidance were mentioned, but the focus on compliance and cost management suggests potential challenges ahead for the company's operations in Canada.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | (null) |
| Earnings | (null) |
| Tariff Impact | $27.6 billion (negative) |
| Surtax Range | 15% to 50% (negative) |
| Government Relief Package | $7.5 billion (positive) |
Guidance from management
Management did not provide specific forward guidance or changes to existing guidance during the call.
What management said
Okay. Thank you, Liz. We'll then pass it on to Dave Mitchell to address the very important point of remission orders and the potential relief that's available to importers today. Dave?
Steve, before we get into the questions, I just wanted to reiterate as well the end-use codes and remission codes. We definitely -- I just want to reiterate that like have those discussions, right, have a discussion with your broker or your consultant to really do a deep dive into those. Please know that CBSA can and will and has asked for backup documentation when it comes to some of those remissions. So we just w...
What analysts pressed on
Analysts expressed concerns about the potential impact of increased landed costs and cash flow pressures on importers. There was also apprehension regarding the effectiveness of the government's relief measures and the ability of businesses to navigate the new tariff landscape.
Main topics on the call
- Impact of Canada's Counter Tariffs — Management highlighted that Canada's counter tariffs will affect approximately $27.6 billion of U.S. imports, with surtaxes ranging from 15% to 50%. They stated, "This transforms the issue really from a U.S. import chall...
- Increased Landed Costs — Importers will face significantly higher landed costs due to the new surtaxes. Management noted that, "Importers must pay the surtax on accounting for goods with CBSA unless you have an eligible relief program apply," in...
- Government Support Mitigation Plans — The Canadian government has introduced a $7.5 billion tariff relief program to support affected businesses. Management mentioned, "These packages are designed to protect jobs strengthen the affected industries and secure...
- Remission Programs — Management confirmed that existing remission programs are expected to continue for the new counter tariffs, stating, "The good news is that the Canadian government Finance Canada has signaled that the existing remission ...
Read the full Expeditors International of Washington, Inc. transcript (September 3, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Expeditors International of Washington, Inc.
Expeditors International of Washington, Inc. (EXPD) is a publicly listed company in the Air Freight and Logistics industry, within the Industrials sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 162 calls on record spanning September 21, 2020 to September 3, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 162 Expeditors International of Washington, Inc. earnings call transcripts on record, spanning September 21, 2020 to September 3, 2026. Based on this history, Expeditors International of Washington, Inc. reports quarterly. The most recent call on file is dated September 3, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- EXPD
- Exchange
- NYSE
- Country
- US
- Sector
- Industrials
- Industry
- Air Freight and Logistics
- Calls on record
- 162
- First call
- September 21, 2020
- Most recent
- September 3, 2026
- Reporting cadence
- quarterly