Landstar News Updates

Business, Logistics, Top 100

Landstar Reports $927.6 Million Revenue for Q1

Landstar System Inc. reported lower first-quarter net income of $40.9 million, or diluted earnings per share of $1.04, compared with $63.3 million, or $1.58, in the same period a year ago.

April 23, 2020
Business

Landstar Begins Work on New Orientation Center

Landstar System began construction on a new orientation center for its exclusive independent owner-operators in Georgia, the company announced April 7.

April 9, 2020
Business, Top 100

Landstar Profits, Revenue Hurt by Weak Manufacturing Sector

Landstar System Inc. saw fourth quarter and 2019 earnings and revenue fall as the company dealt with sluggish trucking conditions and difficult comparisons with record 2018 financial results.

February 5, 2020

Landstar Profits Down 10.9% to $152.6 Million in Q3

Landstar System Inc. said weakening manufacturing activity and softer freight-hauling demand led to smaller profits in the third quarter of 2019.

October 24, 2019
Government, Business

Landstar Reports Record Earnings Per Share in 2Q

Landstar System Inc. reported record second-quarter earnings per share of $1.53 on second-quarter net income of $61.1 million, which compares with $1.51 per share on net income of $62.5 million during the same period a year ago.

July 24, 2019
Business

Landstar System Reports Record Per-Share Result in First Quarter

Landstar System on April 24 reported a record first-quarter earnings per share price of $1.58 on net income of $63.3 million, which compares with $1.37 per share on income of $57.5 million during the same period a year ago 鈥 beating Wall Street expectations.

April 24, 2019
Business

Landstar Sets 鈥楬igh-Water Marks鈥 for Revenue, Profits in 4Q

Landstar System reported record revenue and profits in the fourth quarter of 2018 and set new 鈥渉igh-water marks鈥 for the number of loads and drivers in 2018, company officials said.

January 30, 2019
Business

Landstar System Posts Another Record Quarter

Landstar System reported a big bump in business, posting record earnings and revenue in the third quarter.

October 24, 2018
Business, Logistics

Landstar Analyst Invokes 鈥楽paceballs鈥 in Bullish Freight Thesis

Landstar System鈥檚 stock is traveling at 鈥渓udicrous鈥 speed after a series of bullish analyst calls, including one with references from the movie 鈥淪paceballs.鈥

July 31, 2018
Business, Logistics, Top 100

Landstar Profit Jumps on Record Revenue

Landstar System reported record second-quarter net income of $62.5 million, or $1.51 a share, a rise of 67% from $37.5 million, and 89 cents per share, in the same period a year ago.

July 26, 2018