Selling, General, and Administrative Costs: Old Dominion Freight Line, Inc. vs Expeditors International of Washington, Inc.

A Tale of Two Giants: SG&A Expenses in the Logistics Industry

In the competitive world of logistics, managing costs is crucial for profitability. This analysis compares the Selling, General, and Administrative (SG&A) expenses of two industry leaders: Old Dominion Freight Line, Inc. and Expeditors International of Washington, Inc., from 2014 to 2023.

Old Dominion Freight Line, Inc.

Old Dominion has shown a remarkable upward trend in SG&A expenses, increasing by nearly 94% over the decade. This growth reflects their expanding operations and market reach, with expenses peaking at approximately $281 million in 2023.

Expeditors International of Washington, Inc.

In contrast, Expeditors International experienced a more volatile pattern, with a significant dip in 2020, reducing their expenses by over 60% compared to 2019. However, they have since rebounded, with a 51% increase by 2023.

This comparison highlights the dynamic nature of cost management strategies in the logistics sector.