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Landstar System Inc (LSTR) company profile

LSTRNasdaqTrucking (No Local)Fiscal year ends December 30
Financials through Q3 FY2026, quarter ended Sep 26, 2026Last filing: 10-Q on Oct 28, 2026Score 13/3024% above fair value
$149.68+1.66 (+1.12%)

Close on Nov 13, 2026Market cap $5.05BP/E 31.7Yield 2.38%

About Landstar System

Trucking (No Local), SIC 4213

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.

Company profile

Company

Legal name
Landstar System Inc
Founded
1991
Headquarters
Jacksonville, FL
Address
13410 Sutton Park Drive South 32224
Phone
(904) 398-9400
Employees
1,378, Dec 27, 2025
Industry
Trucking (No Local)
Incorporated in
Delaware
Fiscal year ends
December 30
Auditor
KPMG LLP, Jacksonville, Florida

Stock & identifiers

Ticker
LSTR
Exchange
Nasdaq
IPO date
Mar 5, 1993
Shares outstanding
34M, Oct 19, 2026
Public float
$4.79B, Jun 28, 2025
Filer category
Large accelerated filer
Stock splits
2-for-1, Jan 10, 2005; 2-for-1, Nov 14, 2003; 2-for-1, Aug 13, 2002
SEC CIK
853816
CUSIP
515098101
ISIN
US5150981018
FIGI
BBG000BB2KN0
Share class FIGI
BBG001S5RWM1
LEI
254900CUQXQRL09MEI52
EIN
06-1313069

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Frank A. LonegroPresident & CEO, Director28,110
Vallie S. DugasVP General Counsel & Secretary645
William C. ClementVP, Chief Commercial Officer4,924
James P. ToddVP and CFO15,122
Matthew MillerChief Safety & Operations4,841
Terri M. LewisChief Human Resources Officer4,511
Michael K. KnellerVP General Counsel & Secy63,560
Matthew M. DanneggerChief Field Sales Officer5,556
James M. ApplegateChief Corp Sales, Strat, S Frt8,102
Ricardo S. CoroVice President - CIO22,855
Joseph J. BeacomPresident of LSHI40,442
Aimee M. CooperVP & CAO16,346
Diana M. MurphyDirector18,853
Melanie M. HartDirector1,470
David G/ BannisterDirector26,513
Teresa L. WhiteDirector4,658
Dr. Homaira AkbariDirector16,474
George P. ScanlonDirector9,483
James L. LiangDirector4,878
Jonathan Barr BlantonDirector1,470
Anthony J. OrlandoDirector14,029

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$4.57M$464.78K$1.20M$119$141
FY2024
Mr Gattoni
$738.30K-$2.22M$1.24M$139$128
FY2024
Mr Lonegro
$13.37M$10.83M$1.24M$139$128
FY2023$2.43M$2.97M$1.25M$151$127
FY2022$4.57M$2.94M$1.80M$125$107
FY2021$5.40M$17.83M$3.19M$130$129

“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.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsIncentive payOtherTotalvs. prior year
Frank A. Lonegro
President and Chief Executive Officer
$800.00K$3.47M$210.00K$91.84K$4.57M-66%
James P. Todd
Vice President and Chief Financial Officer
$375.00K$714.83K$47.00K$90.90K$1.23M+4%
Michael K. Kneller
Vice President, General Counsel and Secretary
$425.00K$947.38K$67.00K$64.47K$1.50M+7%
Ricardo S. Coro
Vice President and Chief Information Officer
$400.00K$714.83K$68.00K$31.26K$1.21M+8%
Matthew Miller
Vice President and Chief Safety and Operations Officer
$300.00K$500.24K$52.09K$21.89K$874.22K–

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“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.”

Corporate history

Events identified from SEC filings

DateEventDetails
Apr 25, 2025Late filingNotification of late filing
Jan 3, 2014Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)

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