Shares of global logistics company Expeditors International surged 5.58% in pre-market trading on Tuesday after the company reported strong fourth-quarter 2024 results that exceeded analyst expectations.

Expeditors posted quarterly earnings per share of $1.69, beating the consensus estimate of $1.41 by nearly 20%. Revenues of $2.955 billion also came in above the $2.809 billion expected by analysts, increasing 29.72% year-over-year.

The impressive results highlight Expeditors' ability to efficiently manage global supply chains and capitalize on robust demand for logistics services amidst the ongoing economic recovery. With its asset-light business model and strategic expansion, the company appears well-positioned to benefit from the continued growth in international trade.