Selling, General, and Administrative Costs: Expeditors International of Washington, Inc. vs U-Haul Holding Company

A Tale of Two Companies: SG&A Expenses Over Time

In the world of logistics and transportation, managing costs is crucial for maintaining profitability. This chart compares the Selling, General, and Administrative (SG&A) expenses of Expeditors International of Washington, Inc. and U-Haul Holding Company from 2014 to 2023. Over this period, U-Haul consistently reported higher SG&A expenses, peaking in 2014 with expenses nearly six times those of Expeditors. However, by 2023, U-Haul's expenses had decreased by approximately 77%, while Expeditors saw a 27% reduction from its 2014 figures. Notably, 2020 marked a significant dip for Expeditors, with expenses dropping to less than half of their 2017 peak. This data highlights the dynamic nature of cost management strategies in the industry, reflecting broader economic trends and company-specific initiatives. Missing data for 2024 suggests ongoing adjustments, making future trends worth watching.