A weak market for industrial equipment is hurting the flatbed business of Landstar System, according to the trucking company’s chairman, president and CEO.
Landstar System
30 May 2013
Changes to truck driver hours-of-service rules now just a month away will have little to no impact on Landstar System’s existing business, and may even bring the nation’s fourth-largest truckload carrier more freight, a top executive says.
05 Feb 2013
What's an extra week per quarter worth? To Landstar Systems, about $25 million to $30 million.
31 Jan 2013
North American trucking and transportation company Landstar System today reported its profit in the fourth quarter of 2012 was $34.0 million, increasing 4 percent from $32.6 million in the fourth quarter of 2011.
06 Dec 2012
Landstar System trucking revenue rose 4 percent year-over-year in October and headed higher in November, despite a “sluggish” economy, said Henry Gerkens, chairman, president and CEO of the $2.5 billion transportation company.
20 Sep 2012
The freight economy in the U.S. is slowing, and softer truckload shipment volumes and rising fuel costs are squeezing earnings at some of the largest U.S. transport operators.
31 Aug 2012
Landstar System on Thursday lowered its growth expectations for the third quarter to a mid-single-digit range, a potential sign of a slowing truck market.
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Jun 5, 2013 2:00PM EDT