Expeditors says customs market share gained; AI not a disintermediation risk

EXPEDITORS INTERNATIONAL OF WASHINGTON INC

Customs brokerage headcount flattened sequentially; investments continue in technology.
AI seen as assistive, not replacement; 'cannot easily discern all inputs' for customs.
Post-entry work expected to increase; pricing aligned with rising customs complexity.
Vertical investments in temperature control logistics and data center programs.
Middle East crisis contingency plans include alternative ports and modes.

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