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Landstar System provides integrated transportation management solutions internationally. It operates through two segments, Transportation Logistics and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, including third party logistics and less-than-truckload service providers. The Insurance segment reinsures certain risks of the company's independent contractors.
TypePublic
Founded1988
HQJacksonville, US
Websitelandstar.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2017)1,273
Job Openings30
Revenue (FY, 2018)$4.6 B(+27%)
Share Price (Mar 2019)$105.7 (-2%)

Landstar System Office Locations

Landstar System has offices in Jacksonville, Laredo and Markham
Jacksonville, US (HQ)
13410 Sutton Park Dr S
Laredo, US
601 Vidal Cantu Road
Markham, CA
113 7100 Woodbine Ave
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Landstar System Financials and Metrics

Landstar System Revenue

Landstar System's revenue was reported to be $4.62 b in FY, 2018
USD

Revenue (FY, 2018)

4.6b

Net income (FY, 2018)

255.2m

EBIT (FY, 2018)

331.7m

Market capitalization (22-Mar-2019)

4.2b

Closing stock price (22-Mar-2019)

105.7

Cash (29-Dec-2018)

199.7m

EV

4.1b
Landstar System's current market capitalization is $4.2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

2.7b3.2b3.3b3.2b3.6b4.6b

Revenue growth, %

20%4%(5%)15%

Cost of goods sold

2.8b

Gross profit

841.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

868.4m841.7m711.6m775.2m787.9m780.9m870.4m943.4m1.0b2.2b1.2b

General and administrative expense

37.7m36.8m34.6m36.9m34.7m38.3m40.9m44.0m45.3m94.2m46.7m

Operating expense total

802.7m778.1m664.1m722.5m729.8m729.0m810.0m883.6m973.6m2.1b1.1b

Depreciation and amortization

11.0m21.8m10.8m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

180.3m163.9m114.5m178.9m242.4m199.7m

Accounts Receivable

631.2m

Inventories

Current Assets

682.5m732.3m662.7m737.4m961.2m971.4m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

97.6m114.2m93.1m140.6m114.9m82.4m108.9m156.3m153.4m170.8m215.5m222.1m249.7m220.6m148.6m214.0m

Current Assets

623.1m658.0m673.2m662.4m640.7m656.9m655.3m636.8m656.5m668.8m749.0m793.5m877.9m928.7m928.2m999.1m

Goodwill

57.5m31.1m31.1m31.1m31.1m31.1m31.1m31.1m31.1m31.1m31.1m31.1m39.9m39.4m38.7m38.6m

Total Assets

950.9m944.1m962.5m980.2m947.6m946.9m953.0m957.5m984.8m1.0b1.1b1.2b1.3b1.3b1.3b1.4b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

146.0m138.8m147.7m137.4m177.0m255.2m

Depreciation and Amortization

29.1m35.8m40.6m

Inventories

Accounts Payable

8.9m62.3m3.6m(9.6m)68.9m22.5m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

86.5m27.6m63.6m100.3m30.0m70.5m109.8m29.2m61.5m97.8m32.4m69.9m112.3m57.5m120.0m186.9m

Depreciation and Amortization

7.0m7.2m8.4m8.7m9.0m9.9m

Accounts Payable

5.2m13.3m37.5m45.4m(23.9m)(3.3m)(14.6m)8.8m53.3m20.2m22.1m

Cash From Operating Activities

131.8m49.3m82.0m148.1m72.0m105.1m171.3m61.9m79.8m132.3m72.0m113.0m204.2m
USDY, 2018

EV/EBIT

12.3 x

EV/CFO

13.7 x

Financial Leverage

2 x
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Landstar System Operating Metrics

FY, 2014FY, 2015FY, 2016Sep, 2017

Agents

525 512 502 1.10 k

Carriers

38 k44 k47 k

Trailers

13.73 k14 15.17 k14 k

Trucks Provided

8.93 k9.50 k9.44 k
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Landstar System Revenue Breakdown

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Landstar System revenue breakdown by business segment: 98.7% from Transportation Logistics and 1.3% from Other

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Landstar System Online and Social Media Presence

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Landstar System News and Updates

Landstar System Reports Record Fourth Quarter Revenue of $1.182 Billion and All-Time Quarterly Record Diluted Earnings Per Share of $1.68

JACKSONVILLE, Fla., Jan. 30, 2019 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) reported record fourth quarter revenue of $1.182 billion in the 2018 fourth quarter, a 12 percent increase over revenue of $1.052 billion reported in the 2017 fourth quarter. Gross profit (defined as revenue…

Freight Broker Global Market 2018: Key Players – C.H. Robinson, Expeditors, Landstar System, TQL, Coyote Logistics

Wiseguyreports.Com adds “Freight Broker Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025” To Its Research Database. Posted via Industry Today. Follow us on Twitter @IndustryToday
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Landstar System Blogs

SkyCam Scores With Landstar

Tackling the logistical challenges associated with variable destinations and quick turn-around times called for some creative plays in transporting the SkyCam gear during the 2017-2018 football season.

Awarding the Star of Quality

Landstar’s Star of Quality Award is awarded to members of the Landstar family who have been recognized for going above and beyond the call of duty.

Monitoring and Preparing for Hurricanes

For all of our agents, business capacity owners, carriers and customers in the path of the storm, stay safe and take precautions. Everyone at Landstar is thinking of you.

Huey B: Moving Vietnam War History

Landstar Business Capacity Owner (BCO) Wayne Bennett hauled the 1962 Huey B model helicopter from Warsaw, New York, to the Northeast Alabama Regional Airport.

Thank You BCOs!

Each year during National Truck Driver Appreciation Week (NTDAW), industry professionals across America take time to honor the country’s 3.5 million professional truck drivers.

Who Will be the Next Truck Giveaway Winner?

Landstar is giving away a big rig to one of its 10,000 independent owner-operators (business capacity owners or BCOs).  The annual Deliver to Win Truck Giveaway powered by Comdata, will happen Wednesday, Sept. 12.
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Landstar System Frequently Asked Questions

  • When was Landstar System founded?

    Landstar System was founded in 1988.

  • How many employees does Landstar System have?

    Landstar System has 1,273 employees.

  • What is Landstar System revenue?

    Latest Landstar System annual revenue is $4.6 b.

  • What is Landstar System revenue per employee?

    Latest Landstar System revenue per employee is $3.6 m.

  • Who are Landstar System competitors?

    Competitors of Landstar System include Marten Transport, Knight Transportation and GlobalTranz.

  • Where is Landstar System headquarters?

    Landstar System headquarters is located at 13410 Sutton Park Dr S, Jacksonville.

  • Where are Landstar System offices?

    Landstar System has offices in Jacksonville, Laredo and Markham.

  • How many offices does Landstar System have?

    Landstar System has 3 offices.