Landstar System Inc (NASDAQ:LSTR)

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74.53 +0.66 / +0.89%
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Volume: 2.2K
SECTOR
Transportation
INDUSTRY
Trucking
MARKET CAP
$3.3B

Company Description

Landstar System, Inc. is an asset-light provider of integrated transportation management solutions. It offers services to its customers across multiple transportation modes, with the ability to arrange for individual shipments of freight to enterprise-wide solutions to manage all of a customer's transportation and logistics needs. The company markets its solutions primarily through independent commission sales agents and exclusively utilizes third party capacity providers to transport and store customers' freight. It operates its business under two segments: transportation logistics and insurance. The Transportation Logistics segment provides a range of integrated transportation management solutions. Transportation services offered by the Company include truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, project cargo and customs brokerage. Transportation management solutions offered by the Company may include integrated multimodal solutions and warehousing. Industries serviced by the transportation logistics segment include automotive products, lumber and building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, ammunition and explosives and military equipment. The Insurance segment provides risk and claims management services to certain of company's operating subsidiaries. It provides property and casualty insurance services. Landstar System was founded in January 1991 and is headquartered in Jacksonville, FL.

Contact Information

Landstar System, Inc.
13410 Sutton Park Drive South
Jacksonville Florida 32224
P:(904) 398-9400
Investor Relations:
(904) 390-1530

Employees

Shareholders

Mutual fund holders66.07%
Other institutional35.66%
Individual stakeholders1.24%

Top Executives

Henry H. GerkensChairman & Chief Executive Officer
James B. GattoniPresident, CFO, CAO, EVP & Assistant Secretary
Joseph J. BeacomVP, Chief Operating & Safety Officer
Larry S. ThomasChief Information Officer & Vice President
Michael K. KnellerSecretary, Vice President & General Counsel

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