Landstar System, Inc. (LSTR) is a publicly traded company in the Industrials sector, operating within the Integrated Freight & Logistics industry. The company is headquartered in Jacksonville, FL, United States. The current CEO is Frank A. Lonegro.
LSTR has IPO date of 1993-03-05, 1,400 full-time employees, listed on the NASDAQ Global Select, a market capitalization of $5.77B.
Landstar System, Inc. is an integrated transportation management company providing comprehensive logistics solutions across North America and internationally. The company operates through two main segments: Transportation Logistics, which offers a broad range of services including truckload and less-than-truckload transportation, rail intermodal, air and ocean cargo, specialized heavy-haul delivery, and cross-border services between the United States, Canada, and Mexico, along with customs brokerage; and Insurance, which provides reinsurance coverage for the company's independent contractors. Serving diverse industries such as automotive, consumer durables, chemicals, food, electronics, and heavy machinery, Landstar leverages a network of independent commission sales agents and third-party capacity providers to deliver its services. Founded in 1968 and headquartered in Jacksonville, Florida, the company has established itself as a key player in North American transportation logistics.