Landstar System Inc
Market Cap
7.2B
Short interest (May 15)
3.9%
Borrow Fee
0.41%
↓ 0.8%
Available Shares
1M
↓ 0.7%
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Company Overview
Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage. Historically, around half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.
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