Landstar System, Inc. reports news on its technology-enabled, asset-light transportation management business, which provides specialized transportation services through a network of agents, third-party capacity providers and employees. Company updates commonly focus on quarterly revenue, earnings per share, gross profit and variable contribution, along with truck transportation revenue, loads hauled by truck, truck revenue per load, BCO utilization and the performance of specific freight categories such as unsided/platform equipment and ocean transportation.
Landstar news also includes capital-return actions such as special cash dividends, board and executive appointments, and operating topics tied to safety, security, service quality, insurance and claims costs, and freight-market demand conditions.
Landstar System (NASDAQ: LSTR) reported third-quarter 2026 revenue of $1.512 billion, up 25% from the same quarter last year. Earnings per share rose to $1.42 from $0.56; the prior-year quarter included $0.66 per share in non-cash impairment charges. Operating income increased 149.0% to $65.540 million, while gross profit rose 13.9% to $126.547 million.
Truck revenue reached $1.407 billion, up 29%, with revenue per load increasing approximately 25% and truck loads increasing approximately 3% year over year. Insurance and claim costs rose to $55.3 million from $33.0 million. Landstar purchased 232,645 shares for $41.4 million during the quarter. A quarterly dividend of $0.44 per share is payable December 8, 2026, to holders of record November 17. Cash and short-term investments totaled approximately $351 million at September 26, 2026.
Landstar System (NASDAQ:LSTR) will release its third-quarter 2026 results after the market closes on Tuesday, October 27, 2026.
A conference call with analysts and investors will follow at 4:30 p.m. ET to discuss the results. A webcast will be available through the investor website, and a telephone replay will remain available for 48 hours.
Landstar System (NASDAQ: LSTR) appointed Vallie Dugas as Vice President, General Counsel and Secretary, effective August 10, 2026. She joins the Executive Leadership Team and will report to President and CEO Frank Lonegro. Dugas has served as Interim General Counsel since April 2026 and joined Landstar in 2025 as Vice President, Assistant General Counsel.
Dugas brings more than 20 years of legal experience, including roles as Vice President and General Counsel at Melton Truck Lines and as a law firm partner serving transportation and logistics clients. In her new role, she will lead Landstar’s legal department, oversee legal affairs and corporate governance, and advise the Executive Leadership Team and Board.
Landstar System (NASDAQ:LSTR) reported 2026 second-quarter revenue of $1.432 billion, up 18% from $1.211 billion a year earlier, and basic and diluted EPS of $1.44, up 20% from $1.20. Gross profit rose 21% to $132 million and variable contribution increased 17% to $199 million, while operating income grew 18% to $66 million.
Truck revenue reached $1.334 billion, up 19%, driven by a ~17% increase in truck revenue per load and ~2% higher truck loads. The Board declared a $0.44 quarterly dividend, 10% above recent levels, payable September 9, 2026. In first-half 2026, Landstar repurchased 150,923 shares for $22.6 million and ended the quarter with about $348 million in cash and short-term investments, a 16% trailing twelve‑month ROE and 14% ROIC.
Landstar (NASDAQ: LSTR) appointed William “Bill” Clement as Vice President and Chief Commercial Officer, effective August 1, 2026. As CCO and Executive Leadership Team member, he will lead commercial strategy, support the independent agent network, advance customer relationships and drive growth across strategic modes and specialized transportation services.
Clement, based in Jacksonville and reporting to President and CEO Frank Lonegro, brings over 30 years of transportation and logistics leadership, including senior roles at CRST and CSX. Landstar also announced leadership transitions: Jim Applegate will become Chief Strategy & Transformation Officer on August 1, 2026, while Matt Dannegger will become Special Advisor to the CEO on July 31, 2026 ahead of his anticipated retirement on March 1, 2027.
Landstar System (NASDAQ:LSTR) will release its 2026 second quarter results after the market closes on Tuesday, July 28, 2026. The company will host a quarterly conference call with analysts and investors at 4:30 p.m. ET the same day to discuss the results.
According to Landstar, investors can access a live webcast at investor.landstar.com by selecting “Webcasts” and then “Landstar's Second Quarter 2026 Earnings Release Conference Call.” A telephone replay will be available for 48 hours at (800) 819-5743 for U.S./Canada and (203) 369-3828 for international callers.
Landstar (NASDAQ:LSTR) commented on the U.S. Supreme Court’s decision in Montgomery v. Caribe Transport II, which addresses the FAAAA safety exception and state negligent selection claims. The company highlights its technology-enabled, multi-layered carrier vetting processes and alignment with federal safety expectations.
Landstar notes industry views that the ruling may raise focus on carrier selection, insurance, and compliance across brokers. The company believes its reduced, rigorously evaluated carrier network and ongoing investment in safety and vetting technologies position it to operate under heightened standards.
Landstar System (NASDAQ: LSTR) reported 1Q 2026 revenue of $1.171 billion and EPS of $1.16, up 2% and 36% year-over-year, respectively. Gross profit rose to $112.5 million (+14.5%) and operating income to $53.2 million (+35.1%).
The company repurchased 150,923 shares for $22.6 million, declared a quarterly dividend of $0.40 per share payable June 9, 2026, and reported cash and short-term investments of about $411 million as of March 28, 2026.
Landstar (NASDAQ:LSTR) will release its first quarter 2026 results after market close on Tuesday, April 28, 2026, followed by a quarterly conference call at 4:30 p.m. ET the same day.
Investors can access a live webcast at investor.landstar.com under Webcasts. Telephone replay will be available for 48 hours at (800) 819-5743 (U.S./Canada) and (203) 369-3828 (international).
Landstar (NASDAQ: LSTR) named Terri Lewis as Chief Human Resources Officer, effective February 23, 2026. Lewis brings over 25 years of HR leadership across public and private sectors and will oversee talent acquisition, development, succession planning, total rewards, employee relations, and HR compliance.
She will join Landstar’s Executive Leadership Team and partner with executive leadership and the board to strengthen employer brand and support long-term organizational effectiveness.