Expeditors Announces Its New Office and Warehouse Project in Peabody, MA

Expeditors International of Washington, Inc. (NASDAQ:EXPD), a leading provider of global logistics solutions, today announced its groundbreaking ceremony to celebrate the commencement of construction of its new office and warehouse project. The Peabody Chamber of Commerce facilitated an official ribbon cutting during the event on June 14.

Expeditors’ Boston District Office has over 250 global locations and has been proudly located in the Centennial Office Park in Peabody, MA since 1997. The Company employs 150 individuals at this location, 60 of which reside on the North Shore of Massachusetts. The new building will include two floors of office space and a warehouse totaling 140,000 square feet. Completion of the building is expected in March 2019.

Expeditors takes pride in supporting the growing number of manufacturers and domestic/international trade companies that are instrumental to the Northeast United States’ economic growth. The Company is excited to continue to support their local customers and grow with this thriving city.

Expeditors is working with Dacon Corporation, the Natick-based design/build firm. Dacon has designed and constructed over a dozen projects in Centennial Park including the building Expeditors is presently occupying. Civil engineer for the project is Meridian Associates, Inc., Beverly and Westborough, MA. Geotechnical engineer is McArdle Gannon Associates, Inc., Pembroke, MA.

795 Jubilee Drive is a development project of the Lucey family. The Lucey family has been developing property in Peabody for over 20 years, including the current home of Expeditors’ Boston District office at 3 Technology Drive.

Expeditors is a global logistics company headquartered in Seattle, Washington. The Company employs trained professionals in 177 district offices and numerous branch locations located on six continents linked into a seamless worldwide network through an integrated information management system. Services include the consolidation or forwarding of air and ocean freight, customs brokerage, vendor consolidation, cargo insurance, time-definite transportation, order management, warehousing and distribution, and customized logistics solutions.

Source: Expeditors International of Washington, Inc.

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