LANDSTAR SYSTEM INC

Landstar System, Inc. provides asset-light, integrated transportation management solutions across North America and globally. The company operates through two segments: transportation logistics and insurance. Its transportation logistics segment arranges freight transit across various modes, including truckload, less-than-truckload, rail intermodal, air cargo, and ocean shipping, while also offering specialized services such as hazardous material, heavy-haul, and temperature-controlled transport. The insurance segment supplies risk and claims management along with reinsurance for company operations and affiliated drivers. Landstar serves a diversified customer base spanning manufacturing, retail, automotive parts, building products, chemicals, and government defense entities.

The company operates primarily across the United States, with additional operations in Canada, Mexico, and global international routes. Its logistics network relies on approximately 960 independent commission sales agents, over 70,000 third-party capacity providers, and more than 62,000 approved truck brokerage carriers. Landstar maintains its principal executive offices in Jacksonville, Florida.

Summary of the business section of Landstar System's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 27, 2025, the Company and its subsidiaries employed 1,378 individuals, or 1,294 individuals excluding employees at Landstar Metro which is classified as held for sale.”