Landstar System, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Company Description
- CEO
- Frank A. Lonegro
- Full Time Employees
- 1,378
- Sector
- Industrials
- Industry
- Integrated Freight & Logistics
- Address
- 13410 Sutton Park Drive South Jacksonville FL United States of America 32224
- IPO Date
- Mar 5, 1993
- CIK
- 0000853816
- Website
- landstar.com
- Similar Companies
- Business
- Landstar System, Inc. provides integrated transportation management solutions as a technology-enabled, asset-light logistics provider in the United States, Canada, Mexico, and internationally; it operates through Transportation Logistics and Insurance segments, offering 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 services, utilizing networks of over 8,800 independent owner-operators, more than 1,000 freight agents, and 70,000 vetted third-party carriers. The company serves industries including automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, ammunition, explosives, and military equipment; its Insurance segment provides risk and claims management services and reinsures risks for independent contractors. Founded in 1968 as Relay Transport, Inc. and incorporated in 1991, Landstar System, Inc. is headquartered in Jacksonville, Florida. In 2025, the company markets its Mexican subsidiary Landstar Ranger Mexico for sale as part of an annual strategic assessment to divest non-core assets following mixed quarterly results; it actively rolls out artificial intelligence-enabled customer service solutions and invests significantly in AI technology, trailing equipment refreshes with a focus on unsided/platform assets, and returned $124.8 million to stockholders via cash dividends during the year.
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