YRC Worldwide Inc. of Overland Park today forecast a third consecutive year of record revenue and earnings per share.
In a filing with the Securities and Exchange Commission, the nation's largest trucking company said it estimates 2006 revenue of $10.02 billion. It also reiterated its earnings per share forecast for the year of $5.45 to $5.55 a share.
YRC shares have gained $1.69 in the previous two sessions on the Nasdaq as parts of the trucking sector have gained on news that Swift Transportation Co. Inc. of Phoenix has received a $2.17-billion buyout bid from its former top executive and biggest shareholder.
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