Fleet Management

Landstar

1  -  7  of  7

January 31, 2014 - Industry News

Saia, Celadon, Landstar Report Earnings

The average age of Celadon's company’s tractor fleet was 1.7 years as of December 2013 and the average age of the trailer fleet was 2.4 years. (Photo by Evan Lockridge)

Multiregional less-than-truckload carrier Saia reported improved fourth quarter and 2013 financial results, while truckload fleet Celadon had higher revenue but lower earnings, and asset-light Landstar System had record fourth-quarter revenue and higher earnings.

Tags: Fleets, Earnings, Saia, Celadon, Landstar

December 30, 2013 - Industry News

XPO Logistics Completes Acquisition of NLM

XPO Logistics Inc. announced that it has completed its previously announced acquisition of NLM from Landstar System Inc. The company funded the $87 million cash transaction through its ABL facility and available cash, including approximately $13.4 million of cash acquired on closing.

Tags: Landstar, Mergers & Acquisitions, XPO Logistics, NLM

December 11, 2013 - Industry News

Landstar Selling Supply Chain Business to XPO Logistics

Logistics and freight brokerage services provider XPO Logistics will buy the Michigan-based supply chain business of Florida-based Landstar System, including NLM, a provider of web-based expedited transportation management in North America, for $87 million.

Tags: Landstar, Fleets, Logistics, 3PL, Information Technology

November 17, 2013 - Industry News

Landstar Breaks Ground on Orientation Center in Texas

Landstar System Inc. officially broke ground on its new orientation center in Ft. Worth, Texas. The new 12,000 square foot facility in Ft. Worth will be almost double the size of the current orientation center in Grand Prairie, with new and improved truck parking and more restrooms, work and dining space and computers for Landstar Business Capacity Owners.

Tags: Landstar, Expansion

July 25, 2013 - Industry News

Landstar Profit and Revenue Falls

Asset-light trucking company Landstar System has reported a second quarter downturn in profit and business but expects a pickup in the current quarter.

Tags: Fleet Financials, Earnings, Landstar, Fleets

March 5, 2013 - Industry News

Grand Island Express, Landstar Winners in Best Fleets to Drive For Contest

Two fleets have been honored as the overall winners of Best Fleets to Drive For, an annual survey and contest produced by the Truckload Carriers Association and CarriersEdge.

Tags: Drivers, TCA, Owner-Operators, Landstar, Best Fleets to Drive For, Grand Island Express

February 1, 2013 - Industry News

Landstar System Reports Record 4Q Profits

Landstar System, , Jacksonville, Fla., record diluted earnings per share of 73 cents in the 2012 fourth quarter compared to 70 cents in the fourteen week 2011 fourth quarter.

Tags: Fleets, Owner-Operators, Landstar

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