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Landstar System (LSTR) Stock News, Jul 8, 2020

LSTR Nasdaq

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.

Rhea-AI Summary

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.

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FAQ

What is the current stock price of Landstar System (LSTR)?

Landstar System (LSTR) last closed at $171.65.

What is the market cap of Landstar System (LSTR)?

The market cap of Landstar System (LSTR) is approximately $5.8B.