Welcome to our dedicated page for Landstar Sys news (Ticker: LSTR), a resource for investors and traders seeking the latest updates and insights on Landstar Sys stock.
Landstar System, Inc. (LSTR) operates a capital-efficient logistics network specializing in asset-light transportation solutions through its independent agent network. This page provides investors and industry professionals with timely access to official press releases, earnings reports, and strategic updates directly from the company.
Discover comprehensive coverage of Landstar's domestic truck brokerage developments, intermodal expansion initiatives, and supply chain innovations. Our curated collection includes critical updates such as operational milestones, leadership announcements, and regulatory filings – all essential for understanding the company's position in the competitive third-party logistics sector.
Key content categories include quarterly financial results, partnership agreements with capacity providers, safety program enhancements, and technology investments supporting its decentralized model. Bookmark this page to efficiently monitor how Landstar's unique agent-based structure adapts to evolving freight demands and market conditions.
Landstar System (NASDAQ:LSTR) reported Q2 2025 financial results with revenue of $1.211 billion and earnings per share of $1.20, compared to $1.225 billion and $1.48 EPS in Q2 2024. The company saw a 3.2% sequential increase in truck revenue per load versus Q1 2025.
Key operational metrics include truck transportation revenue of $1.118 billion (92% of total revenue), with van equipment revenue at $591 million and unsided/platform equipment revenue at $401 million. The company maintained stable BCO truck count and returned capital through share repurchases of $42.4 million and declared a quarterly dividend of $0.40 per share.
Landstar System (NASDAQ:LSTR) has scheduled its second quarter 2025 earnings release and conference call. The company will announce its Q2 2025 financial results after market close on Tuesday, July 29, 2025, followed by a conference call with analysts and investors at 4:30 p.m. ET.
Investors can access the webcast through the company's investor relations website at investor.landstar.com. A telephone replay will be available for 48 hours after the call, with replay numbers (800) 819-5743 for U.S. and Canada, and (203) 369-3828 for international calls.
Landstar System (NASDAQ:LSTR) has scheduled its 2025 first quarter earnings release and conference call. The company will release Q1 2025 results before market opens on Tuesday, May 13, 2025, followed by a conference call with analysts and investors at 8:30 a.m. ET.
The earnings call will be accessible via webcast at investor.landstar.com, with a telephone replay available for 48 hours at (800) 819-5743 for U.S./Canada and (203) 369-3828 for international calls.
Landstar System (NASDAQ: LSTR) reported first quarter 2025 results with revenue of $1.153 billion and earnings per share of $0.85, down from $1.32 in Q1 2024. The company identified a supply chain fraud in its international freight forwarding operations, resulting in a $4.8 million pre-tax charge ($0.10 per share). Despite challenging conditions, truck loads showed positive trends, marking the first time in 15 years that Q1 loads exceeded the previous Q4. The Board approved an 11% increase in quarterly dividend to $0.40 per share. During Q1, Landstar purchased 386,000 shares for $60.9 million and paid $83.3 million in dividends. The quarter was also impacted by elevated insurance and claim costs at 9.3% of BCO revenue, significantly above historical averages.
Landstar System (NASDAQ:LSTR) has scheduled the release of its first quarter 2025 financial results before market opening on Tuesday, May 13, 2025. The company will host a conference call with analysts and investors at 8:30 a.m. ET on the same day to discuss the results.
Investors can access the webcast through investor.landstar.com. A telephone replay will be available for 48 hours, with replay numbers (800) 819-5743 for U.S. and Canada, and (203) 369-3828 for international calls.
Landstar System is a technology-enabled, asset-light provider of integrated transportation management solutions, certified to ISO 9001:2015 and RC14001:2015 standards.
Landstar System (NASDAQ: LSTR) has rescheduled its 2025 first quarter earnings release and conference call from April 29 to May 13, 2025, due to an ongoing investigation of a supply chain fraud. The fraud, discovered in the last week of Q1 2025, affects the company's international freight forwarding operations through one specific independent commission sales agency, not impacting core North American truckload services.
The expected adverse financial impact is estimated at up to $15 million in net income (approximately $0.43 per share after-tax), excluding legal fees and potential recoveries. Despite this, Q1 2025 performance shows total revenue of $1.153 billion, landing in the upper half of guidance. Earnings per share reached $0.95 before fraud impact, at the upper end of updated guidance. The company maintains a strong financial position with cash and short-term investments of approximately $473 million as of March 29, 2025.
Landstar System (NASDAQ: LSTR) reported fourth quarter 2024 revenue of $1.209 billion and earnings per share of $1.31, marking the first year-over-year quarterly revenue growth since Q3 2022. The company saw a 3.1% increase in truck revenue per load but experienced a 3.4% decline in truck load volume compared to Q4 2023.
Notable financial metrics include gross profit of $109 million and variable contribution of $167 million. The company maintained a strong balance sheet with $567 million in cash and short-term investments. During fiscal 2024, Landstar returned capital to shareholders through stock buybacks (452,000 shares at $82.1 million) and dividends ($120.5 million). The Board declared a quarterly dividend of $0.36 per share.
Landstar System (NASDAQ:LSTR) has announced it will release its 2024 fourth quarter results after market close on Wednesday, January 29, 2025. The company will host a conference call with analysts and investors at 4:30 p.m. ET the same evening to discuss the quarterly results and current outlook.
The webcast will be accessible through investor.landstar.com under the 'Webcasts' section. For those unable to join the live call or without internet access, a telephone replay will be available for 48 hours at (800) 819-5743 for U.S. and Canada, and (203) 369-3828 for international calls.
Landstar System (NASDAQ:LSTR) has declared a special one-time cash dividend of $2.00 per share, payable on January 21, 2025, to stockholders of record as of January 7, 2025. The company demonstrated strong shareholder returns in 2024, purchasing 452,019 shares for approximately $82.1 million and distributing $120.5 million in cash dividends. As of September 28, 2024, Landstar reported $531 million in cash and short-term investments. The company plans to continue opportunistic stock purchases under its stock purchase program.
Landstar System announces key leadership changes effective December 1, 2024. Joe Beacom has been appointed President of Landstar System Holdings and its agent-based transportation services companies, planning to serve until end of 2025 before transitioning to Special Advisor to CEO and retiring in Q1 2026. Matt Miller has been promoted to Vice President and Chief Safety and Operations Officer, taking over Beacom's previous role. Miller, with 15 years at Landstar, will oversee operational matters relating to the company's capacity network of truck owner-operators and third-party truck brokerage carriers.
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