Logistics Stocks Plummet... $3 Billion Vanished from U.S. Transportation Shares in a Day

Expeditors International of Washington (EXPD) plunged more than 13% on the New York Stock Exchange, closing at $140.57. The sharp decline wiped out about $2.2 billion in market capitalization—roughly 3 trillion won—in a single day. A broad sell-off in truck and logistics stocks amplified the pressure across the entire sector. (tradingview.com)

On the 12th, reports emerged that France’s state-owned financial institution Caisse des Dépôts reduced its stake in the company by approximately 13.5% during the third quarter of last year, leaving it with about $41.2 million worth of shares. The company said that in its third-quarter 2025 results, revenue fell 4% year-over-year, but it defended profitability with earnings per share of $1.64, up 1%. (americanbankingnews.com)

Headquartered in Bellevue, Washington, Expeditors is a global freight forwarder offering integrated logistics services—including air and ocean freight forwarding, customs brokerage, and warehousing and distribution—across six continents. Its business model is highly sensitive to global trade volumes and freight rate cycles, making it particularly volatile during economic slowdowns or rate-adjustment phases. (investor.expeditors.com)