Landstar System is a global logistics and transportation services company that provides a wide range of supply chain solutions
The company operates through a network of independent agents and third-party logistics providers, offering services such as truckload, less-than-truckload, and intermodal transportation. Landstar specializes in flatbed and heavy haul transportation, catering to diverse industries including construction, manufacturing, and energy. With a focus on safety and reliability, Landstar leverages advanced technology and real-time tracking systems to optimize its logistics operations and enhance customer experience across its extensive operational network.
Freight delivery company Landstar (NASDAQLSTR) reported Q4 CY2024 results topping the market’s revenue expectations, but sales were flat year on year at $1.21 billion. Its GAAP profit of $1.31 per share was 2.5% below analysts’ consensus estimates.
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Freight delivery company Landstar (NASDAQLSTR) met Wall Street’s revenue expectations in Q3 CY2024, but sales fell 6.1% year on year to $1.21 billion. Its GAAP profit of $1.41 per share was 2.4% below analysts’ consensus estimates.
The market has seen a dip in U.S. liquidity, and only 19% of all stocks are beating the S&P 500 over the last four weeks. That hasn’t happened in over 20 years -- and possibly longer (likely the Dot-Com bust).
