Business Description

Landstar System Inc., founded in 1988 and headquartered in Jacksonville, Florida, United States, operates as a non-asset-based transportation management firm that connects independent owner-operators with freight demand. The company reported approximately $2.8 billion in revenue in FY 2022 and utilizes a digital freight matching platform to drive operational efficiency. Under the leadership of CEO Edward J. Anderson and CFO Michael J. Buck, Landstar sustains a competitive edge through its extensive network of over 13,000 assets. It continues to invest in digital initiatives and strategic growth to capture new market opportunities in the logistics sector.

Everything on Landstar System Inc.

Revenue (FY2025) $4.76B
YoY growth -1.6%
Operating margin 3.2%
Direction Expanding
Gross margin 14.3%
Net margin 2.4%

Earnings Transcripts

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Leadership & board

View leadership ↗
Homaira Akbari — Director View full profile ↗ David G. Bannister — Director View full profile ↗ J. Barr Blanton — Director View full profile ↗ Melanie M. Hart — Director View full profile ↗ James L. Liang — Director View full profile ↗ Frank A. Lonegro — President and Chief Executive Officer View full profile ↗ Diana M. Murphy — Non-Executive Chairman of the Board View full profile ↗ George P. Scanlon — Director View full profile ↗ Teresa L. White — Director View full profile ↗ Anthony J. Orlando — Director View full profile ↗ James M. Applegate — Vice President and Chief Corporate Sales, Strategy and Specialized Freight Officer View full profile ↗ Ricardo S. Coro — Vice President and Chief Information Officer View full profile ↗ Matthew M. Dannegger — Vice President and Chief Field Sales Officer View full profile ↗ Michael K. Kneller — Vice President, General Counsel and Secretary View full profile ↗ Terri M. Lewis — Vice President and Chief Human Resources Officer View full profile ↗ Matthew Miller — Vice President and Chief Safety and Operations Officer View full profile ↗ James P. Todd — Vice President and Chief Financial Officer View full profile ↗

Share Repurchase Program

Remaining (as of March 28, 2026)
1,115,195 shares
Latest FY repurchased
$179,856,000 (fiscal year 2025)

Customer Concentration

No customer accounted for more than 8% of the Company's 2025 revenue.

Recent SEC Filings

2026-05-06 Shareholder vote results View filing ↗
2026-04-28 Reported quarterly results (+1 more) View filing ↗
2026-04-02 Leadership change (directors/officers) View filing ↗
2026-01-28 Reported quarterly results (+1 more) View filing ↗
2026-01-21 Reported quarterly results View filing ↗
2025-12-04 Other event View filing ↗
2025-10-30 Leadership change (directors/officers) View filing ↗
2025-10-28 Reported quarterly results (+1 more) View filing ↗
2025-08-13 Costs from exit/disposal (+1 more) View filing ↗
2025-07-29 Reported quarterly results (+1 more) View filing ↗
2025-05-20 Shareholder vote results View filing ↗
2025-05-13 Reported quarterly results (+1 more) View filing ↗

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