Yellow Roadway projects healthy 1Q

LTL giant Yellow Roadway said it expects first-quarter 2005 earnings to be at the high-end of its estimates, reflecting sustained freight demand.

“As we approach the end of March, which is the most significant month of the quarter, we continue to see the stable pricing environment experienced in late 2004,” said Bill Zollars, the chairman, president & CEO of the Overland Park, KS-based carrier. “Our overall business volumes are consistent with prior-year levels.”