Trucking company YRC Worldwide Inc., formerly Yellow Roadway Corp., said that buying USF Corp. in 2005 boosted sales and shipping, which in turn helped its fourth-quarter profit rise 26 percent.
Net income rose to $79.8 million, or $1.34 a share, from $63.3 million, or $1.24 a share a year earlier, the company said. Sales rose 40 percent, to $2.48 billion from $1.77 billion.
The company estimated earnings will be $1 to $1.05 a share in the first quarter; earnings in all of 2006 will be $6.15 to $6.30 a share, it estimated.
Yellow Corp. bought Akron's Roadway Corp. in December 2003 to form Yellow Roadway. The company changed its name to YRC Worldwide last month.