NASDAQ: LSTR
Landstar System, Inc. is a technology-enabled, asset-light provider of freight transportation and logistics solutions serving a broad range of customers across the United States and internationally. The company operates through a network of approximately 980 independent commission sales agents, over 7,600 business capacity owner (BCO) independent contractors, and more than 65,000 approved third-party truck brokerage carriers. Landstar's services span truckload (van, unsided/platform, less-than-truckload), power-only, rail intermodal, and ocean/air cargo transportation, as well as reinsurance services for its BCO contractors. The company owns over 17,200 trailers but does not own tractors, relying instead on its contractor and brokerage network. Landstar serves diverse end-markets including consumer durables, machinery, building products, automotive, aerospace and defense, electrical equipment, metals, and foodstuffs. The company trades on NASDAQ under the ticker LSTR and is certified to ISO 9001:2015 quality management and RC14001:2015 environmental, health, safety and security standards. Updated
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Landstar System, Inc. is a technology-enabled, asset-light provider of freight transportation and logistics solutions serving a broad range of customers across the United States and internationally.
24/7 Wall St.'s 12-month price target for LSTR is $180.20, rated Buy. The Wall Street consensus target is $188.19. LSTR price prediction →
