Landstar System Inc.
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.
Everything on Landstar System Inc.
Financials
Leadership & board
Acquisitions
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.