UPS Inc. has issued earnings guidance for both 2015 and the longer term.

The trucking, parcel and logistics service provider expects earnings per share to increase next year by 10% to 15% from 2014 to between $5.45 to $5.70.

Revenue is forecast to grow 5% to 6% over this year’s level.

The company confirmed its outlook for 2014 for full-year adjusted diluted earnings per share in a range of $4.90 to $5.00.

For 2015 through 2019 UPS has set a goal of revenue growth of 5% to 7% on an average annual rate, with earning per share increasing 9% to 13% annually.

One part of this strategy includes implementing its On-Road Integrated Optimization and Navigation system to reduce an average of seven to eight miles traveled from daily driver routes. Upon full implementation in 2017, the system is expected to generate $300 million to $400 million in cost savings, according to the company

Last month UPS reported its third quarter profit totaled $1.21 billion, or $1.32 per diluted share, compared to $1.1 billion, or $1.16 per diluted share a year ago. Revenue increased to $14.29 billion from $13.52 billion.

It is also expecting to see record freight volume this holiday season, increasing 11% from 2013.