FreightCasts
Expeditors' AI-Fueled Quarter, GXO Record Contract Wins, & Diesel Futures Whipsaw | The Morning Minute
3:46
In this episode, we kick things off by examining the stellar third-quarter performance at logistics giant Expeditors International, where revenue surged 42% year-over-year to $4.1 billion, heavily boosted by hyperscaler demand from tech giants building out AI infrastructure. The asset-light customs broker and freight forwarder saw diluted earnings per share climb 61% to $2.65, crushing Wall…