Landstar System INC

Landstar System announced robust second quarter 2026 financial results, with revenue up 18% and EPS up 20% year-over-year, driven by strong freight demand and improved operational metrics.

Landstar System announced the appointment of William Clement as Chief Commercial Officer, effective August 1, 2026, alongside other leadership transitions.

Landstar System, Inc. has entered into a Third Amended and Restated Credit Agreement, increasing its revolving credit facility to $300 million with an option to expand by an additional $500 million.

Landstar System, Inc. reported the results of its 2026 Annual Meeting, including the election of directors, ratification of its auditor, and an advisory vote on executive compensation.

Landstar System announced first quarter 2026 results, showing a 1.6% revenue increase to $1.171 billion and a significant 36.5% rise in diluted EPS to $1.16.

Landstar System, Inc. announced that Michael K. Kneller will resign as Vice President, General Counsel and Secretary effective May 8, 2026.

Landstar System, Inc. announced robust financial results for the second quarter of 2026, with significant revenue and net income growth driven by strong performance in its transportation logistics segment.

Landstar System, Inc. announced its first quarter 2026 financial results, showing a 2% increase in revenue and a significant rise in net income driven by improved operational efficiencies and lower claims costs.

Landstar System, Inc. reports a significant drop in net income and earnings per share for the third quarter and first nine months of 2025, primarily due to substantial impairment charges and increased insurance costs.

Landstar System, Inc. reported a significant drop in net income and earnings per share for the second quarter and first half of fiscal 2025, driven by increased insurance claims, a $4.8 million supply chain fraud expense, and a pending high-stakes legal trial.

Landstar System's Q1 2025 revenue decreased slightly due to lower transportation revenue and reinsurance premiums, while a supply chain fraud matter impacted selling, general, and administrative expenses.

Landstar System's Q3 2024 results show a decrease in revenue and earnings compared to the same period last year, primarily due to a softer freight demand environment.

Landstar System reports a 2% revenue decrease and significant impairment charges in fiscal year 2025, impacting net income and EPS.

Landstar System's 10-K filing reveals a decrease in revenue for fiscal year 2024, driven by reduced freight demand and lower revenue per load, while managing insurance costs and navigating a complex regulatory landscape.

Landstar System, Inc. files its annual report on Form 10-K, providing insights into its financial performance, business operations, and key risk factors for the fiscal year ended December 30, 2023.

Landstar System Inc. VP and CFO James P. Todd sold 1,200 shares of common stock at a weighted average price of $218.1693.

Landstar System director Diana Murphy sold 11,246 shares of common stock at a weighted average price of $221.28.

Teresa L. White, a Director at Landstar System Inc., has acquired 825 shares of common stock.

Director George P. Scanlon acquired 825 shares of Landstar System Inc. common stock on May 6, 2026, increasing his beneficial ownership.

Landstar System Inc. director Diana M. Murphy acquired 825 shares of common stock on May 6, 2026.

Landstar System Inc. reports a Form 4 filing detailing share acquisition by Director James L. Liang.

Landstar System, Inc. announces its 2026 Annual Meeting agenda, highlights strategic advancements in AI and specialized freight, and addresses executive compensation following a challenging freight market in 2025.

Landstar System, Inc. will hold its 2025 Annual Meeting of Stockholders virtually on May 16, 2025, to elect directors, ratify the appointment of KPMG LLP, and conduct an advisory vote on executive compensation.

Landstar System, Inc. has scheduled its 2024 Annual Meeting of Stockholders for May 7, 2024, to elect directors, ratify the appointment of KPMG LLP, and conduct an advisory vote on executive compensation.

AQR Capital Management, LLC and AQR Capital Management Holdings, LLC have reported beneficial ownership of 5.4% of Landstar System Inc.'s common stock as of March 31, 2026.

Vanguard Capital Management has reported beneficial ownership of 5.27% of Landstar System Inc.'s common stock as of March 31, 2026.

Vanguard Portfolio Management has reported beneficial ownership of over 1.75 million shares, representing 5.17% of the outstanding common stock of Landstar System Inc.

The Vanguard Group filed an amended Schedule 13G, indicating zero beneficial ownership in Landstar System Inc. following an internal realignment.

Morgan Stanley and its subsidiary, Atlanta Capital Management Company, LLC, have reported reducing their beneficial ownership in Landstar System Inc. common stock to below the 5% threshold.

Morgan Stanley reports a 5.7% beneficial ownership in Landstar System Inc., while its subsidiary, Atlanta Capital Management Company, LLC, has reduced its stake below 5%.