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October 11, 2001
Public Company Straight Shooting

Morningstar had a great article about Expeditors International of Washington (EXPD.) Expeditors is a worldwide assetless freight forwarder which means that they get your pallet of used auto transmissions from Oakland to Katmandu using other carrier's space in planes and freight ships for example. What is really interesting is their investor relations system. They took Reg FD to heart and force everyone to submit their questions monthly. They then issue an 8K with no B.S. involved. They also look like a decent investment with a forward PE in the low 20's.

Posted by hoffmang | October 11, 2001 10:52 PM


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