Cost Insights: Breaking Down Expeditors International of Washington, Inc. and Clean Harbors, Inc.'s Expenses

Cost Analysis of Industry Giants: Expeditors International vs. Clean Harbors

In the ever-evolving landscape of logistics and environmental services, understanding cost dynamics is crucial. Over the past decade, Expeditors International of Washington, Inc. and Clean Harbors, Inc. have showcased distinct cost trajectories. From 2014 to 2023, Expeditors International's cost of revenue surged by approximately 39%, peaking in 2022. This reflects the company's strategic expansion and adaptation to global supply chain demands. In contrast, Clean Harbors experienced a more modest increase of around 53% over the same period, with a notable spike in 2022, likely driven by heightened environmental regulations and service demand. Interestingly, 2023 marked a divergence, with Expeditors' costs dropping by 46%, while Clean Harbors continued its upward trend. This data underscores the dynamic nature of these industries and highlights the importance of strategic cost management.