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Landstar System has opened a new, larger U.S./Mexico logistics service center in Laredo, Texas.
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Asset-light trucking and related services provider Landstar System reported a 20% second quarter decline in earnings due to lower revenue and a big insurance claim.
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The asset-light trucking and logistics provider Landstar Thursday reported a decline in its fourth quarter profit, but it was higher than expected, and the company also improved its annual performance.
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Volvo is bringing its trucking web series “Welcome to My Cab” to North America with a new episode.
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Landstar System has reported record second quarter net income of $35.9 million, or 80 cents per diluted share, on record revenue of $814 million in the 2014 second quarter.
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The asset-light trucking and logistics provider Landstar System has reported record first quarter net income of $27.6 million, or 61 cents per diluted share, on record first quarter revenue of $688 million.
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Recruiting and retention. It’s akin to bailing water out of a boat that has a hole in it. You really have to plug the hole first, otherwise you’re constantly fighting to stay afloat. In the trucking industry, that hole is driver retention.
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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.
Read More →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.
Read More →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.
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