Landstar News Updates

Business

Landstar Tops Second-Quarter Forecasts With Net Income, Revenue

Truckload carrier and logistics provider Landstar System produced broad-based improvement among its services and generated second-quarter increases in net income and revenue, topping the consensus estimate of analysts by 2 cents a share.

July 26, 2017
Business

Landstar Reports Record 1Q Revenue, Earnings, Loads Carried by Truck

Landstar System Inc. reported record first-quarter revenue and earnings per share, and net income climbed.

April 26, 2017
Business

Landstar Boosts Profits, Easily Surpasses Forecasts

Landstar System Inc. profits improved 4.5% in the fourth quarter compared with 2015, besting estimates from industry analysts for one of the few bright spots among trucking companies during earnings season.

February 1, 2017
Business

Landstar Third-Quarter Earnings Decline 7.8%

Landstar System Inc. reported third-quarter net income fell 7.8% to $36.3 million, or 86 cents per share, hurt by a drop in flatbed freight loads and revenue

October 19, 2016
Business

Landstar Second Quarter Earnings Drop 20%; Marten 2Q Net Rises 2.1%

Landstar System Inc. net income tumbled 20%, hurt by a combination of weaker trucking results and accident costs, while Marten Transport Ltd. earnings rose 2.1%, helped by dedicated and intermodal results as well as gains on equipment sales.

July 21, 2016
Business

Landstar Lowers First-Quarter Profit Outlook

Landstar System Inc. lowered its first-quarter earnings outlook by as much as 5 cents per share due to higher than expected insurance costs and lower than forecast revenue.

March 30, 2016
Business

Landstar Appoints New Chairman, Sets Stock Buyback

Landstar System said May 22 that Diana Murphy has been named nonexecutive chairman of the board, effective May 19, and that it raised聽to 3 million the amount of its stock shares it intends to purchase.

May 22, 2015
Business

Landstar Reports Record 3Q Profit

Landstar System said its third-quarter profit climbed 25.7% to a record high, driven by 鈥渧ery strong鈥 demand for trucking services.

October 23, 2014
Business

Landstar Appoints New CEO

Landstar System Inc.鈥檚 board of directors has appointed James Gattoni as CEO, succeeding Henry Gerkens, who will continue to serve as executive chairman until May 2015.

October 1, 2014
Business

Landstar鈥檚 Second Quarter Income Rises

Landstar System reported its second-quarter net income rose to $35.9 million, or 80 cents per share, from $30.4 million, or 66 cents, a year ago.

July 23, 2014

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