EXPD · 10-Q · 2026Q3 · Full report

Customs Brokerage Demand Growth

EXPEDITORS INTERNATIONAL OF WASHINGTON INC · 2026-11-04 · Importance 47 · Surprise 48 · In source text

Customs brokerage and other services revenues increased 29% in the third quarter and 25% in the first nine months of 2026, driven by more numerous and complex customs clearances as well as road freight and warehousing and distribution activity. The changing trade environment increased customer demand for brokerage services and supported higher fees across business sectors. Technology-customer investment in AI infrastructure sustained road freight and warehousing demand, including specialized, higher-rate services principally in North America. North America revenue growth also reflected high-value technology road freight shipments requiring specialized services.

Key facts

• Expeditors’ North America customs brokerage and other services revenues increased 38% and 30%, and expenses increased 51% and 36%, respectively, in the three and nine months ended September 30, 2026. source
• Expeditors’ customs brokerage and other services revenues increased 29% and 25%, and expenses increased 37% and 27%, respectively, in the three and nine months ended September 30, 2026. source
• Expeditors’ customs brokerage and import services achieved double-digit growth in the third quarter of 2026 due to onboarding new brokerage business and higher volumes in all services. source
• Expeditors’ customs brokerage demand grew as trade complexity increased, resulting in higher fees and growing customer demand across many business sectors. source
• Expeditors’ road freight and warehousing and distribution services continued to be sustained by technology-customer demand and AI infrastructure investment, leading to higher shipment volumes and revenues from specialized services with higher rates, principally in North America. source

Impact estimates