Landstar System Stock News

Delta (DAL) anticipates an adjusted fuel price of $2.80 per gallon for the first quarter of 2022.

JACKSONVILLE, Fla., April 06, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, speci

JACKSONVILLE, Fla., April 06, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, special

Upgrades Wolfe Research upgraded the previous rating for Landstar System Inc (NASDAQ:LSTR) from Underperform to Peer Perform. In the fourth quarter, Landstar System showed an EPS of $2.99, compared to

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Healthy freight market conditions are aiding Landstar (LSTR). The company's measures to reward its shareholders are encouraging.

Healthy freight market conditions are aiding Landstar (LSTR). The company's measures to reward its shareholders are encouraging.

JACKSONVILLE, Fla., March 01, 2022 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ:LSTR), a worldwide, technology-enabled, asset-light provider of integrated transportation management solutions de

Landstar (LSTR) is ahead of its first-quarter earnings and revenues guidance despite substantial impact on the Ukraine-based operations of its two agencies.

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Landstar System Inc., the giant freight broker and third-party logistics provider with significant exposure to Ukraine, has suspended its operations there in the wake of Russia''s invasion, according to a highly-placed source. Jacksonville, Florida-based Landstar''s (NASDAQ: LSTR ) Ukrainian agency is "offline" as of Saturday, the source told FreightWaves. The agency generates as much as $1.1 billion in annual revenue from its Ukrainian operations, according to the source. … Full story available on Benzinga.com

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Landstar System Inc.''s truckload business could face a $100 million hit during March should the two independent agencies that serve Ukraine on its behalf completely shut down operations there, the company said Monday. In an 8-K filing with the Securities and Exchange Commission, Landstar (NASDAQ: LSTR ) said the U.S.-based agencies with operations in Ukraine generated about $860 million in revenue in its 2021 fiscal year, which ended near the end of the calendar year. The revenue brought in by the agencies equaled 13% of the Jacksonville, Florida-based broker and third-party logistics provider''s total 2021 revenue, the company said. Landstar generated $6.53 billion in 2021 revenue. One agency''s Ukrainian operations are in the eastern part of the country, while the other does business in the western portion, Landstar said. The agency with operations in eastern Ukraine …

Shares of Landstar System Inc. fell 1.0% in morning trading Monday after the transportation services company said it estimates it could lose up to $100 million in first-quarter revenue, and up to 18 cents a share in earnings as a result of Russia''s invasion of Ukraine. The company said two of the largest independent sales agencies it generated a total of 13% of its 2021 revenue from have "significant operations" based in Ukraine. And the disruption of the Ukraine-based operations of the two agencies would have an adverse impact of about $20 million to $25 million a week in truck load revenue. The company said, however, that given better-than-expected revenue per load on loads hauled by truck during the first eight weeks of the first quarter, it still expects first-quarter revenue to be above the high of its guidance range provided in late-January of $1.70 billion to $1.75 billion, even after taking into account the Ukraine affect. Separately, the company said it spent $101.2 million to buy back 641,000 shares of its common stock quarter to date.

Shares of Landstar System Inc. LSTR, -1.69% fell 1.0% in morning trading Monday after the transportation services company said it estimates it could lose up to $100 million in first-quarter revenue, a

Landstar System Inc., the giant freight broker and third-party logistics provider with significant exposure to Ukraine, has suspended its operations there in the wake of Russia's invasion, according t