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. (NASDAQ: LSTR) is a technology-enabled, asset-light provider of integrated transportation management solutions in the transportation and warehousing sector. This news page aggregates company announcements, earnings releases and other disclosures so readers can follow developments affecting LSTR stock and Landstar’s freight transportation operations.
According to its public statements, Landstar delivers safe, specialized transportation services through a network of independent agents, third-party capacity providers and employees. News coverage frequently includes quarterly and annual financial results, where the company reports revenue across truckload transportation hauled via van and unsided/platform equipment, other truck transportation largely related to power-only services, and freight moved by rail, air and ocean cargo carriers. These releases often highlight trends in variable contribution, operating income and earnings per share, along with commentary on the freight environment and shipment volumes.
Investors and industry followers can also use this page to track Landstar’s capital allocation actions, such as share repurchases, regular quarterly dividends and special dividends, as disclosed in company announcements. Governance and strategic updates appear here as well, including changes to the Board of Directors, outcomes of strategic reviews, decisions regarding transportation management systems, and information about subsidiaries such as Landstar Metro in Mexico.
Because Landstar emphasizes safety, quality and environmental standards, news items may discuss insurance and claims experience, legal matters related to accidents, and certifications to ISO 9001:2015 and RC14001:2015 standards. Earnings call scheduling announcements and related webcast details are also commonly reported. For a consolidated view of these developments, readers can return to this page to review the latest Landstar System, Inc. news and historical updates related to LSTR.
Landstar System, Inc. (NASDAQ:LSTR) is set to release its third quarter results for 2020 on October 21, after market close. Analysts and investors can join a conference call the next day, October 22, at 8:00 a.m. ET for a discussion on the results and future outlook. A replay will be offered for those unable to attend live. Landstar, headquartered in Jacksonville, Florida, operates as an asset-light provider of integrated transportation management solutions, ensuring safety and compliance with ISO quality standards.
Landstar System, Inc. (NASDAQ: LSTR), a provider of integrated transportation management solutions, announced its participation in the Cowen 2020 Global Transportation & Sustainable Mobility Conference. President and CEO Jim Gattoni will present a company overview and current business activity updates. The presentation is scheduled for 10:20 a.m. EDT on September 10 and will be available live online at www.investor.landstar.com. The recorded presentation will remain accessible until September 17. For further information, contact Landstar’s Investor Relations department.
Landstar System, Inc. (NASDAQ: LSTR) reported 2020 Q2 diluted earnings per share of $0.63 on revenue of $824 million, a significant decline from $1.53 per share and $1.045 billion in Q2 2019. The results included $12.6 million in pandemic relief payments ($0.25 per diluted share) and a $2.6 million asset impairment charge. Gross profit fell 28% year-over-year to $113.1 million. Truck transportation revenue dropped 22% year-over-year, while the company anticipates Q3 revenue between $885 million and $935 million with EPS between $1.11 and $1.17, reflecting ongoing market challenges.
Landstar System, Inc. (NASDAQ:LSTR) announced that it will release its 2020 second quarter results on July 22, 2020, after market close. A quarterly conference call will follow the next day, July 23, 2020, at 8:00 a.m. ET, where analysts and investors can discuss the results and outlook. The call can be accessed via a webcast on the investor website, and a telephone replay will be available for those unable to join live. Landstar, headquartered in Jacksonville, Florida, specializes in transportation management solutions while adhering to strict quality and environmental standards.