Expeditors International of Washington, Inc. or Clean Harbors, Inc.: Who Manages SG&A Costs Better?

Managing SG&A Costs: A Tale of Two Companies

In the competitive world of logistics and environmental services, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Over the past decade, Clean Harbors, Inc. and Expeditors International of Washington, Inc. have demonstrated contrasting approaches to SG&A management. From 2014 to 2023, Clean Harbors saw a 53% increase in SG&A expenses, peaking in 2023. In contrast, Expeditors International managed to reduce their SG&A costs by 27% over the same period. This divergence highlights Expeditors' efficiency in cost management, despite operating in a challenging economic environment. Clean Harbors' rising expenses may reflect strategic investments or operational challenges. As businesses navigate economic uncertainties, these insights underscore the importance of effective cost management strategies. Investors and industry analysts should closely monitor these trends to gauge future financial health and strategic direction.