{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-344693","form_type":"8-K","ticker":"EXPD","cik":"0000746515","company_name":"EXPEDITORS INTERNATIONAL OF WASHINGTON INC","filed_at":"2026-08-11T20:15:35+00:00","discovered_at":"2026-08-11T20:17:02.564919+00:00","generated_at":"2026-08-11T20:17:37.738841+00:00","sec_items":["7.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"medium","headline":"Expeditors Q2: air tonnage up 13-15%, ocean stabilizes, tech restructuring $25M charge","bullets":["Airfreight tonnage growth accelerated from +13% in April to +15% in June, driven by AI/tech demand and Middle East disruption.","Ocean volumes rose 7% sequentially, first increase since Q3 2025; market showing stabilization signs.","Global Technology restructuring cost $25M in Q2, expected to save ~$50M annually; first layoffs in company history.","Operating efficiency improved to 32.2% in Q2 despite restructuring charge; AI hyperscaler demand strong, no slowdown seen.","No formal guidance; expects air rates to normalize but AI demand may be structural, with comparables easing in Q3/Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-344693","json":"https://secwatch.observer/filing/0001193125-26-344693.json","markdown":"https://secwatch.observer/filing/0001193125-26-344693.md","text":"https://secwatch.observer/filing/0001193125-26-344693.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/746515/000119312526344693/0001193125-26-344693-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/746515/000119312526344693/expd-20260811.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-11T20:17:37.738841+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}