EXPD - Expeditors Appoints New Senior Vice President Digital Solutions

Expeditors International of Washington, Inc. (NASDAQ: EXPD), a leading provider of global logistics services, announced today that it has appointed Jose Ubeda to the new role of Senior Vice President, Digital Solutions. Ubeda has worked at Expeditors for more than 30 years, and has been leading the Global Air product since 2010. His new responsibilities include the development, deployment, sales and operations of Expeditors’ full suite of digital solutions.

“We are committed to further advancing our mission to deliver world-class digital solutions,” said Jeffrey Musser, President and CEO. “Not only are we in a fortunate position to continue investing in technology, we are also glad to have Jose Ubeda’s leadership.”

Gene Alger, President of Global Services, noted, “This new role reflects our continued commitment to delivering technology solutions to our customers across the globe. While this is a new executive position, we have been investing in technology since our inception. Jose has a proven record of accomplishment, most recently leading our largest global product.”

“I am thrilled to be part of our continuing technology journey with a focus on our suite of digital solutions, such as Cargo Signal sensor-based technology, Koho online shipping platform and Tradeflow trade management software,” said Jose Ubeda. ”Our robust global network enables us to deploy digital solutions designed to improve our customers’ logistics and supply chain strategies. These same solutions are some of the value-added services that customers have grown to expect and appreciate from Expeditors, along with our focus on exceptional customer service.”

“While the Company is announcing this new position and Jose's leadership today, we acknowledge that it will take time for Jose and his successor to transition into their new roles, especially considering the significant changes taking place in the airfreight market,” Jeff Musser added.

Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 176 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution and customized logistics solutions.

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