The demand for its customs brokerage services helped Expeditors international of Washington to report a profit and revenue in the fourth quarter that exceeded Wall Street expectations.

Customs-related activities have increased as a result of President Donald Trump's new trade policies. Businesses are navigating changing tariff rules and complying with compliance requirements. This has led to higher customs clearance fees and increased demand for brokerage firms such as Expeditors.

The demand for customs brokers remained high, indicating both the complexity of the work and the volume. CEO Daniel Wall added that the company planned to increase investments in technology including AI-driven tools to improve efficiency.

Wall said that in 2026 the company will'sharpen pricing and align costs further with market conditions, while directing capital towards AI and customer-focused solutions.

According to data compiled and analyzed by?LSEG, the Seattle-based company posted a profit of $1.49 for each share in the quarter that ended on December 31. This was above analysts' estimates of $1.46.

The company said that revenue from the air cargo segment increased to $1.11billion from $1.06billion a year ago, driven by?higher export volumes from North and South Asia.

The customs brokerage division of the company reported revenues of $1.14 Billion, up from $983.2 MILLION in the same quarter last year.

The company posted total quarterly revenues of $2.86 Billion, down by more than 3% on an annual basis, but higher than analysts' estimates of $2.83 Billion.

Separately?Expeditors unveiled a new share buyback programme authorizing the purchase of up to 3 billion dollars worth of its common stocks. (Reporting and editing by Diti Pjara in Bengaluru)

(source: Reuters)