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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 →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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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.
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