Gross Profit Comparison: Expeditors International of Washington, Inc. and TFI International Inc. Trends

A Decade of Growth: Expeditors International vs. TFI International

In the ever-evolving logistics industry, two giants, Expeditors International of Washington, Inc. and TFI International Inc., have showcased remarkable growth over the past decade. From 2014 to 2023, Expeditors International saw its gross profit soar by approximately 63%, peaking in 2022. Meanwhile, TFI International experienced an impressive 240% increase, with its highest gross profit recorded in 2022 as well.

Key Insights

• Expeditors International: The company maintained a steady growth trajectory, with a significant leap in 2021, reaching over twice its 2014 figures.
• TFI International: Demonstrated a robust upward trend, particularly from 2020 onwards, closing the gap with Expeditors by 2023.

This comparison highlights the dynamic nature of the logistics sector, where strategic expansions and market adaptations play crucial roles in financial performance.