Key stats
- Market cap
- 5.01B
- Open
- —
- Day range
- —
- 52-week range
- $121.12 – $228.46
- Volume
- 10.0K
- Avg volume
- 430K
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.