Looking back on air freight and logistics stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Expeditors (NYSE: EXPD) and its peers.

The growth of e-commerce and global trade continues to drive demand for expedited shipping services, presenting opportunities for air freight companies. The industry continues to invest in advanced technologies such as automated sorting systems and real-time tracking solutions to enhance operational efficiency. Despite the advantages of speed and global reach, air freight and logistics companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies’ offerings while fuel costs can influence profit margins.

The 4 air freight and logistics stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.3%.

While some air freight and logistics stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.6% since the latest earnings results.

Best Q1: Expeditors (NYSE: EXPD)

Expeditors (NYSE: EXPD) offers air and ocean freight as well as brokerage services.

Expeditors reported revenues of $2.78 billion, up 4.4% year on year. This print exceeded analysts’ expectations by 6.5%. Overall, it was an incredible quarter for the company with a beat of analysts’ EPS and adjusted operating income estimates.

Expeditors scored the biggest analyst estimate beat of the whole group. Unsurprisingly, the stock is up 4.9% since reporting and currently trades at $160.63.

Is now the time to buy Expeditors? Access our full analysis of the earnings results here, it’s free.

FedEx (NYSE: FDX)

Sporting one of the largest air cargo fleets in the world, FedEx (NYSE: FDX) is a global provider of parcel and cargo delivery services.

FedEx reported revenues of $24 billion, up 8.3% year on year, outperforming analysts’ expectations by 2.1%. The business had a stunning quarter with a beat of analysts’ EPS and adjusted operating income estimates.

FedEx delivered the fastest revenue growth among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 8.1% since reporting. It currently trades at $327.29.

Is now the time to buy FedEx? Access our full analysis of the earnings results here, it’s free.

Weakest Q1: C.H. Robinson Worldwide (NASDAQ: CHRW)

Engaging in contracts with tens of thousands of transportation companies, C.H. Robinson (NASDAQ: CHRW) offers freight transportation and logistics services.

C.H. Robinson Worldwide reported revenues of $4.01 billion, flat year on year, falling short of analysts’ expectations by 0.6%. Still, it was a satisfactory quarter as it posted a beat of analysts’ EPS estimates.

C.H. Robinson Worldwide delivered the weakest performance against analyst estimates in the group. The stock is flat since the results and currently trades at $185.14.

Read our full analysis of C.H. Robinson Worldwide’s results here.

United Parcel Service (NYSE: UPS)

Trademarking its recognizable UPS Brown color, UPS (NYSE: UPS) offers package delivery, supply chain management, and freight forwarding services.

United Parcel Service reported revenues of $21.2 billion, down 1.6% year on year. This number surpassed analysts’ expectations by 1.2%. It was a satisfactory quarter as it also put up a beat of analysts’ EPS estimates.

United Parcel Service had the slowest revenue growth among its peers. The stock is down 2.3% since reporting and currently trades at $105.70.

Read our full, actionable report on United Parcel Service here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand-wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.