Company

Landstar System Inc.

LSTRGround Transportation

Business description

Landstar System Inc., founded in 1988 and headquartered in Jacksonville, Florida, United States, operates as a non-asset-based transportation management firm that connects independent owner-operators with freight demand. The company reported approximately $2.8 billion in revenue in FY 2022 and utilizes a digital freight matching platform to drive operational efficiency. Under the leadership of CEO Edward J. Anderson and CFO Michael J. Buck, Landstar sustains a competitive edge through its extensive network of over 13,000 assets. It continues to invest in digital initiatives and strategic growth to capture new market opportunities in the logistics sector.

$4.76B
Revenue (LTM)
3
Acquisitions
3.2%
Operating margin
Q1 2026
Latest call

Financials

View financials
Revenue (FY2025) $4.76B
YoY growth +-1.6%
Operating margin 3.2%
Direction Expanding
Gross margin 14.3%
Net margin 2.4%

Leadership & board

View leadership
Homaira AkbariDirector
David G. BannisterDirector
J. Barr BlantonDirector
Melanie M. HartDirector
James L. LiangDirector
Frank A. LonegroPresident and Chief Executive Officer
Diana M. MurphyNon-Executive Chairman of the Board
George P. ScanlonDirector
Teresa L. WhiteDirector
Anthony J. OrlandoDirector
James M. ApplegateVice President and Chief Corporate Sales, Strategy and Specialized Freight Officer
Ricardo S. CoroVice President and Chief Information Officer
Matthew M. DanneggerVice President and Chief Field Sales Officer
Michael K. KnellerVice President, General Counsel and Secretary
Terri M. LewisVice President and Chief Human Resources Officer
Matthew MillerVice President and Chief Safety and Operations Officer
James P. ToddVice President and Chief Financial Officer

Share repurchases

Under share purchase programs authorized by the Board on December 6, 2022 and December 4, 2023, the Company had authorization to purchase up to 1,115,195 shares of common stock remaining as of March 28, 2026, and spent $179,856,000 on purchases of common stock in fiscal year 2025.

1,115,195 shares
Remaining
$179,856,000 (fiscal year 2025)
Repurchased (latest FY)

Recent SEC filings

View on EDGAR
2026-05-06 Shareholder vote results View filing ↗
2026-04-28 Reported quarterly results (+1 more) View filing ↗
2026-04-02 Leadership change (directors/officers) View filing ↗
2026-01-28 Reported quarterly results (+1 more) View filing ↗
2026-01-21 Reported quarterly results View filing ↗
2025-12-04 Other event View filing ↗
2025-10-30 Leadership change (directors/officers) View filing ↗
2025-10-28 Reported quarterly results (+1 more) View filing ↗
2025-08-13 Costs from exit/disposal (+1 more) View filing ↗
2025-07-29 Reported quarterly results (+1 more) View filing ↗
2025-05-20 Shareholder vote results View filing ↗
2025-05-13 Reported quarterly results (+1 more) View filing ↗

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