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Landstar System Inc. reported record profits for the first quarter of 2021.

Landstar System Inc. on Jan. 27 reported record-setting fourth-quarter revenue that helped lift the company’s profits for the period.

Landstar System Inc. announced Chief Financial Officer Kevin Stout stepped down Nov. 2, but will remain at the company as special adviser to President Jim Gattoni.

Landstar System Inc. announced that Kevin Stout ended his role as vice president and chief financial officer Nov. 2 and will become special adviser to company President Jim Gattoni.

Landstar System Inc. saw net income reach $61.9 million during the third quarter of 2020, the company reported Oct. 21.

Landstar System Holdings Inc. on July 22 reported second-quarter net income and revenue were down compared with last year’s levels.

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.

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

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.

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