Landstar System Inc

NASDAQ LSTR

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Landstar System Inc Research and Development (R&D) Expenses 1 year YoY Change (%) for the quarter ending September 19, 2024

Landstar System Inc Research and Development (R&D) Expenses 1 year YoY Change (%) is NA for the quarter ending September 19, 2024. Research and Development (R&D) Expenses consist of the costs associated with the development of new products, technologies, or improvements to existing products. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
NASDAQ: LSTR

Landstar System Inc

CEO Mr. James B. Gattoni
IPO Date March 5, 1993
Location United States
Headquarters 13410 Sutton Park Drive South, Jacksonville, FL, United States, 32224
Employees 1,468
Sector Industrials
Industry Integrated freight & logistics
Description

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, such as third party logistics and less-than-truckload services. It 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, certain short-line railroads, and asset-based intermodal equipment; and domestic and international air and ocean services. This segment serves the automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment provides risk and claims management services; and reinsures risks of the company's independent contractors. It markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was incorporated in 1991 and is headquartered in Jacksonville, Florida.

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StockViz Staff

September 19, 2024

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