Expeditors International of Washington, Inc. (NASDAQ:EXPD), a global
logistics company, announced today that its Board of Directors has
approved a modification to the Company’s Equal Employment Opportunity
policy (EEO) statement to expressly include the words "sexual
orientation.” You can find our complete EEO policy statement in our Code
of Business Conduct at www.expeditors.com.
A shareholder proposal to request this change has been on the Company’s
proxy statement for the last three years. In reviewing the results of
this year’s votes, in conjunction with the Company’s 2nd
quarter 2008 SEC filing on Form 10-Q, the Company determined that,
because of a recent by-law change, abstentions which were counted as
votes against this proposal should have been considered as non-votes.
The result of this change meant that the advisory shareholder proposal
had passed. Accordingly, the Board of Directors unanimously approved the
change sought by the proposal.
Expeditors is a global logistics company headquartered in Seattle,
Washington. The company employs trained professionals in 182
full-service offices, 69 satellite locations and 4 international service
centers located on six continents linked into a seamless worldwide
network through an integrated information management system. Services
include air and ocean freight forwarding, vendor consolidation, customs
clearance, marine insurance, distribution and other value added
international logistics services.