ATLANTA, GA-Trucking, parcel and logistics service provider UPS has forecasted earnings per share to increase next year by 10 to 15 percent and revenue to grow five-to-six percent over this year’s level.

For 2015 through 2019, UPS has set a goal of revenue growth of five-to-seven percent on an average annual rate, with earning per share increasing nine-to-13 percent annually.

UPS plans to implement its on-road integrated optimization and navigation system to reduce about seven to eight miles traveled from daily routes. Upon full implementation in 2017, the system is expected to generate $300 million to $400 million in cost savings, UPS claims.

Last month UPS reported a Q3 profit of $1.21 billion or $1.32 per diluted share, compared to $1.1 billion or $1.16 per diluted share last year. Revenue increased from $13.52 billion to $14.29 billion.

UPS is also expecting record freight volumes this holiday season, up 11 percent from 2013.