Landstar System

20 Oct 2016
Even when volumes rise, lower revenue shows impact of reduced rates and fuel surcharges at publicly owned carriers.
21 Jul 2016
A drop in spot rates and sluggish economy bit into revenue and profit at the fourth-largest U.S. truckload carrier.
21 Apr 2016
Despite handling higher freight volumes across the board in the first quarter, revenue dropped at Landstar System, underscoring the effect of lower truck pricing on trucking’s top carriers.
29 Jan 2016
Landstar System expanded its capacity in the fourth quarter to its highest level yet, 9,500 owner-operated tractor-trailers. A softer freight market meant lower revenue per truckload, however.
23 Oct 2015
The third-largest U.S. truckload carrier increased total revenue and profit despite falling fuel surcharge revenue and tough comparisons with a booming year-ago quarter. Without a catalyst to speed the slow economy, the road ahead looks challenging.
08 Sep 2015
Landstar continued to make historic gains in freight volume this summer, adding trucks to capture more freight and more market share from competitors. Revenue per load, however, dropped, thanks to lower fuel prices and poorer utilization of trucks.
24 Jul 2015
A surge in freight demand from new and existing customers pushed Landstar System's second-quarter revenue and freight volumes up, in some cases by double digits. The company's owner-operator fleet is now larger than it was at the end of 2006, before the recession.
06 Jun 2015
Landstar System revenue rose 8 percent in the first eight weeks of the second quarter, as the company revved capacity up to 2008 levels to handle strong freight demand and capitalize on higher rates.
24 Apr 2015
Large, diversified truckload carriers found detours around the "soft patch" in the U.S. economy during the first quarter, with most increasing revenue and profit. A lack of drivers may have held back some companies.
13 Mar 2015
Rising truckload freight demand lead Landstar System and Covenant Transportation to expand their available capa
04 Dec 2014
Landstar System on Wednesday narrowed its fourth quarter revenue forecast to the higher end of a range after seeing strong trucking demand in October and November, the latest sign of a steadily expanding U.S. economy pushing more freight into the arms of motor carriers.
13 Nov 2014
The third quarter was good to practically all the publicly owned U.S. trucking companies: none reported losses, and their combined revenue rose 10.7 percent to more than $10 billion, supported by a second quarter of stronger freight demand and economic growth.