Landstar System Inc

NASDAQ LSTR

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Landstar System Inc Market Capitalization on June 03, 2024: USD 6.50 B

Landstar System Inc Market Capitalization is USD 6.50 B on June 03, 2024, a 1.46% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Landstar System Inc 52-week high Market Capitalization is USD 7.41 B on July 26, 2023, which is 14.11% above the current Market Capitalization.
  • Landstar System Inc 52-week low Market Capitalization is USD 5.87 B on October 27, 2023, which is -9.64% below the current Market Capitalization.
  • Landstar System Inc average Market Capitalization for the last 52 weeks is USD 6.67 B.
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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