Landstar System

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.