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Landstar System Value Stock - Dividend - Research Selection

Landstar system

ISIN: US5150981018 , WKN: 887830

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Description of the company

Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and 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. This segment provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. It serves automotive products, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment reinsures certain risks of the company\'s independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

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NEWS


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2024-09-07
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Landstar Grapples With Weak Freight Market and Operating Expenses

2024-09-06
LSTR is affected by reduced demand for freight services and increased truck capacity.

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Let’s dig into the relative performance of Landstar (NASDAQ:LSTR) and its peers as we unravel the now-completed Q2 ground transportation earnings season.

Why Is Landstar (LSTR) Down 4.2% Since Last Earnings Report?

2024-08-29
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LSTR Crosses Below Key Moving Average Level

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Here's Why You Should Give Landstar (LSTR) Stock a Miss Now

2024-08-13
Landstar (LSTR) expects third-quarter 2024 truckloads to decline between 6% and 10% on a year-over-year basis.