Expeditors Issues Earnings Guidance

SEATTLE--(Business Wire)--
Expeditors International of Washington, Inc. (NASDAQ:EXPD) announced today that
its results for the second quarter of 2009 would likely fall within the range of
$.24 to $.26 per share1 as compared with $.32 per share1 for the same quarter of
2008. This is short of the current consensus expectation of $.30 per share1.

"It goes without saying that 2009 has been an unusual year. While we did observe
some quarter-end strength during the month of June, volumes were still below
what we experienced in June 2008. Preliminary figures indicate that our 2009
second quarter results will not fall within the range of analysts` published
estimates," said Peter J. Rose, Chairman and Chief Executive Officer. "We hasten
to add that analysts` estimates are not the same as our own internal
expectations. It is these internal expectations that form the foundation of our
long-term strategy. We feel very confident about how we are currently
positioned. We have strong cash flow and a great cash position which allows us
to maintain our investments in our core assets, our people and our customers. We
continue to enhance operational efficiency while focusing on increasing market
share. From experience, we know that market contractions will eventually turn.
When it turns, we intend to be ready to meet our customers` expectations, with
our people and our culture intact," Rose concluded.

Expeditors is a global logistics company headquartered in Seattle, Washington.
The company employs trained professionals in 183 full-service offices, 66
satellite locations and 4 international service centers located on six
continents linked into a seamless worldwide network through an integrated
information management system. Services include air and ocean freight
forwarding, vendor consolidation, customs clearance, marine insurance,
distribution and other value added international logistics services.

Expeditors is scheduled to release its second quarter 2009 results on August 4,
2009, before the market opens.

1 Diluted earnings attributable to shareholders per share.

Certain portions of this release contain forward-looking statements which are
based on certain assumptions and expectations of future events that are subject
to risks and uncertainties, including estimated range of diluted earnings
attributable to shareholders per share. Actual future results and trends may
differ materially from historical results or those projected in any
forward-looking statements depending on a variety of factors including, but not
limited to, our ability to maintain consistent and stable operating results,
future success of our business model, ability to perpetuate profits, changes in
customer demand for Expeditors` services caused by a general economic slow-down,
inventory build-up, decreased consumer confidence, volatility in equity markets,
energy prices, political changes, or the unpredictable acts of competitors and
other risks, risk factors and uncertainties detailed in our Annual and Quarterly
Reports filed with the Securities and Exchange Commission.

Expeditors International of Washington, Inc.
President and Chief Operating Officer
R. Jordan Gates, 206-674-3427
or
Chief Financial Officer
Bradley S. Powell, 206-674-3412

Copyright Business Wire 2009