Landstar System, Inc. (LSTR) NASDAQ

Currency In USD

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Landstar System, Inc.

Address

13410 Sutton Park Drive South

Jacksonville, FL 32224

United States of America (the)

Phone

904 398 9400

Sector

Industrials

Industry

Integrated Freight & Logistics

Employees

1378

First IPO Date

March 05, 1993

Key Executives

NameTitlePayYear Born
Frank A. LonegroPresident, Chief Executive Officer & Director1.1M1969
Matthew MillerVice President and Chief Safety & Operations Officer373,980N/A
James ToddVice President, Principal Accounting Officer & Chief Financial Officer450,7151988
Ricardo S. CoroVice President & Chief Information Officer499,2591965
Vallie S. DugasVice President, General Counsel & Secretary519,553N/A
James ApplegateChief Strategy & Transformation Officer01972
William ClementVice President & Chief Commercial Officer0N/A
Terri LewisVP & Chief Human Resources Officer01971
Cory SeayVice President of Corporate Services & Chief of Staff0N/A
Matthew DanneggerVice President & Chief Field Sales Officer01970
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Description

Landstar System, Inc. delivers comprehensive logistics and transportation solutions, operating across North America (U.S., Canada, and Mexico) and globally. The company's operations are divided into two main divisions: Transportation Logistics and Insurance. The core Transportation Logistics segment offers an extensive range of freight movement options. These include full truckload and less-than-truckload (LTL) services, intermodal rail, air and ocean cargo, as well as expedited ground and air delivery for time-critical shipments. This segment also handles specialized transport like heavy-haul projects, cross-border freight between the U.S. and Canada, and the U.S. and Mexico, as well as intra-Mexico and intra-Canada movements, and customs brokerage. Landstar additionally provides transportation services to other logistics providers, such as third-party logistics firms and small parcel carriers. To facilitate these services, it employs a varied fleet comprising dry and specialized vans, flatbed trailers, temperature-controlled units, and shipping containers. Its rail intermodal services leverage contracts with both domestic and Canadian railroads, while air and ocean freight are managed through agreements with international airlines and shipping lines. This segment caters to a diverse client base, including the automotive, consumer goods, building materials, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment sectors. The Insurance segment primarily reinsures specific risks associated with the company's independent contractors. Landstar markets its offerings via a network of independent commission-based sales agents and a pool of third-party capacity providers. Founded in 1968, Landstar System, Inc. is headquartered in Jacksonville, Florida.

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