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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.

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 — beating Wall Street expectations.

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

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

Landstar System’s stock is traveling at “ludicrous” speed after a series of bullish analyst calls, including one with references from the movie “Spaceballs.”

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.

Landstar System reported its best first quarter with revenue jumping 34.2% to $1.05 billion and profits reaching a record $57.5 million, or $1.37 a share, as demand for freight hauling continued to strain truck capacity in the market.

Landstar System said it reached a key milestone in the fourth quarter of 2017 with revenue topping $1 billion for the first time and earning record profits from its asset-light trucking and freight brokerage operations.

Landstar System posted stronger-than-expected earnings Oct. 25, with net income rising 17% year-over-year in the third quarter, easily surpassing the Bloomberg News consensus forecast.

Third-party logistics firms capitalized on stronger demand to transport freight this summer but spent more to purchase trucks, resulting in what Wall Street analysts predict will be a mixed-earnings season.