Latest Landstar System (LSTR) Headlines
Most Trucking Companies Leading Life in the Fast Lane
at The Street - Wed Mar 12, 9:48AM CDT
Knight and Saia lead, JB Hunt is down for the year to date.
Trade-Ideas: Landstar System (LSTR) Is Today's "Barbarian At The Gate" Stock
at The Street - Thu Mar 06, 3:02PM CST
Trade-Ideas LLC identified Landstar System (LSTR) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate
BESTPASS and Landstar Sign Agreement to Offer BESTPASS Toll Management Solution to Landstar BCOs
Marketwire - Tue Mar 04, 1:34PM CST
BESTPASS, Inc., a company offering toll management solutions and discounts to the trucking industry, and Landstar System, Inc. (NASDAQ: LSTR), one of the largest owner-operator based companies in the United States providing transportation management solutions and complete global and domestic transportation services, have entered into an agreement to offer BESTPASS services to Landstar BCOs. BCO is Landstar's term for the independent contractors who provide Landstar with transportation capacity under exclusive lease agreements.
Landstar Announces Its Mid-Quarter Conference Call
PR Newswire - Fri Feb 21, 6:50AM CST
Landstar System, Inc. (NASDAQ-LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today it will provide a live webcast of its mid-quarter conference call for its 2014 first quarter on Thursday, March 6th at 2:00 pm ET. To access the webcast, visit the Company's website at www.landstar.com; click on "Investor Relations" and "Webcasts," then click on "Landstar's Mid-First Quarter 2014 Conference Call."
Insider Trading Alert - LSTR, FLO And COF Traded By Insiders
at The Street - Wed Feb 19, 11:45AM CST
Stocks with insider trader activity include LSTR, FLO and COF
A Techie's Valentines Day: Holding Hands and Wearing Video Game Fashions
PR Newswire - Fri Feb 14, 6:39AM CST
As Fashion Week closes in Manhattan, New York's outer boroughs are offering a glimpse of what the best-dressed techies will be wearing this Valentines Day: electronic-embedded costumes for a video game that demands hand-holding.
Tomorrow's Ex-Dividends To Watch: AIF, LSTR, CHD, ROK
at The Street - Wed Feb 12, 9:02AM CST
AIF LSTR CHD ROK are going ex-dividend tomorrow, Thursday, Feb. 13, 2014, 5:00 AM ET
Landstar To Participate In Stifel Nicolaus' Transportation And Logistics Conference And BB&T Capital Markets' Transportation Services Conference
PR Newswire - Wed Feb 05, 6:50AM CST
(NASDAQ-LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today its participation in Stifel Nicolaus' 2014 Transportation and Logistics Conference at the Eau Palm Beach Resort and Spa, in Manalapan, Florida. Landstar Chairman and CEO Henry Gerkens and Landstar President and CFO Jim Gattoni will present an overview of the Company and provide an update with respect to the current level of business activity. Landstar's presentation begins at 1:50 p.m. ET on Wednesday, February 12th. It will be broadcast live via the Internet at www.landstar.com; click on "Investor Relations", and then "Webcasts". The Stifel Nicolaus presentation will be available on Landstar's website through February 19th.
Landstar System Reports Record Thirteen Week Fourth Quarter Revenue And Diluted Earnings Per Share Of $1.30
PR Newswire - Thu Jan 30, 3:15PM CST
Landstar System, Inc. (NASDAQ: LSTR) reported revenue from continuing operations of $692 million in the 2013 fourth quarter, record revenue from continuing operations for a thirteen week fourth quarter. Revenue from continuing operations in the 2012 fourth quarter was $685 million. Landstar reported diluted earnings per share for the 2013 fourth quarter of $1.30 compared to diluted earnings per share of $0.73 in the 2012 fourth quarter. As previously reported, the Company completed the sale of its Landstar Supply Chain Solutions companies ("LSCS") on December 28, 2013, the last day of the Company's 2013 fiscal year, to XPO Logistics, Inc. and as a result, Landstar has reported the historical results of operations of LSCS and gain on sale of LSCS as a discontinued operation. Included in diluted earnings per share in the 2013 fourth quarter was a gain on the sale of LSCS of $0.72. The results of operations of LSCS contributed earnings per diluted share of $0.03 and $0.02 in the 2013 and 2012 fourth quarters, respectively. The sale of LSCS generated cash proceeds, net of estimated income taxes and transaction costs, of $53 million in the 2013 fourth quarter.
13 Earnings Profiles: Facebook, UPS & Exxon
at The Street - Wed Jan 29, 8:03AM CST
The waves of corporate earnings continue with Facebook afterhours today, and UPS and Exxon Mobil premarket on Thursday.
Landstar To Release Fourth Quarter Results On Thursday, January 30, 2014
PR Newswire - Thu Jan 16, 6:50AM CST
(NASDAQ-LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today it will release its 2013 fourth quarter results after the market closes on Thursday, January 30, 2014. The Company will hold its quarterly conference call with analysts and investors on Friday, January 31, 2014 at 8:15 a.m. ET to discuss the fourth quarter results and current outlook. To access the webcast, visit the Company's website at www.landstar.com; click on "Investor Relations"; then "Webcasts"; and then "Landstar's Fourth Quarter 2013 Earnings Release Conference Call".
Landstar Completes Sale Of Supply Chain Companies To XPO Logistics
PR Newswire - Mon Dec 30, 6:50AM CST
(NASDAQ-LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today that it has completed the previously announced sale of its Michigan-based supply chain subsidiaries ("LSCS") to XPO Logistics, Inc. ("XPO") for $87.0 million in cash.
Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Tomorrow: JRI, JPI, LSTR, TWO, SPLS
at The Street - Mon Dec 23, 9:00AM CST
JRI JPI LSTR TWO SPLS are going ex-dividend tomorrow, Tuesday, Dec. 24, 2013, 5:00 AM ET
Updated Outlooks, MOU Changes, Public Offerings, Conference Calls, and New Appointments - Research Report on Old Dominion, YRC Worldwide, Golar LNG, Landstar and Con-way
PR Newswire - Thu Dec 12, 7:00AM CST
Editor Note: For more information about this release, please scroll to bottom.
Landstar Agrees To Sell Supply Chain Companies For $87.0 Million Declares Special Dividend Increases Authorized Share Buyback
PR Newswire - Wed Dec 11, 6:50AM CST
(NASDAQ-LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today that it has signed a definitive agreement to sell its Michigan-based supply chain subsidiaries ("LSCS") to XPO Logistics, Inc. ("XPO") for $87.0 million in cash.
Landstar System Earnings Review: 18 Days after Announcement Shares Up 0.9% (LSTR)
Comtex SmarTrend(R) - Mon Nov 11, 12:44PM CST
When Landstar System (NASDAQ:LSTR) reported earnings 18 days ago on October 24th, 2013, analysts, on average, expected the company to report earnings of $0.69 on sales of $692.7 million. The company actually reported EPS of $0.64 on sales of $680.5 million, missing EPS estimates by $0.05 and missing revenue estimates by $12.2 million. Shares of Landstar System have climbed from $54.97 to $55.46, representing a gain of 0.9% since the company reported earnings 18 days ago.
Robust Shipment Expectations for the Holiday Season, Financial Results, and New Investments - Research Report on UPS, FedEx, Kirby, Landstar, and Scorpio Tankers
PR Newswire - Thu Oct 31, 8:00AM CDT
Today, Analysts' Corner announced new research reports highlighting United Parcel Service, Inc. (NYSE: UPS), FedEx Corporation (NYSE: FDX), Kirby Corporation (NYSE: KEX), Landstar System, Inc. (NASDAQ: LSTR), and Scorpio Tankers Inc. (NYSE: STNG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Downgrade Alert for Landstar System (LSTR)
Comtex SmarTrend(R) - Fri Oct 25, 7:22AM CDT
Landstar System (NASDAQ:LSTR) was downgraded from Outperform to Neutral at Credit Suisse today. The stock closed yesterday at $54.97 on volume of 738,000 shares, above average daily volume of 303,000. Landstar System (NASDAQ:LSTR) has potential upside of 5.7% based on a current price of $54.97 and analysts' consensus price target of $58.08. The stock should run into initial resistance at its 200-day moving average (MA) of $55.08 and subsequent resistance at its 50-day MA of $56.22.
Most Trucking Companies Leading Life in the Fast Lane
at The Street - Wed Mar 12, 9:48AM CDT
Knight and Saia lead, JB Hunt is down for the year to date.
Trade-Ideas: Landstar System (LSTR) Is Today's "Barbarian At The Gate" Stock
at The Street - Thu Mar 06, 3:02PM CST
Trade-Ideas LLC identified Landstar System (LSTR) as a "barbarian at the gate" (strong stocks crossing above resistance with today's range greater than 200%) candidate
BESTPASS and Landstar Sign Agreement to Offer BESTPASS Toll Management Solution to Landstar BCOs
Marketwire - Tue Mar 04, 1:34PM CST
BESTPASS, Inc., a company offering toll management solutions and discounts to the trucking industry, and Landstar System, Inc. (NASDAQ: LSTR), one of the largest owner-operator based companies in the United States providing transportation management solutions and complete global and domestic transportation services, have entered into an agreement to offer BESTPASS services to Landstar BCOs. BCO is Landstar's term for the independent contractors who provide Landstar with transportation capacity under exclusive lease agreements.
Landstar Announces Its Mid-Quarter Conference Call
PR Newswire - Fri Feb 21, 6:50AM CST
Landstar System, Inc. (NASDAQ-LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today it will provide a live webcast of its mid-quarter conference call for its 2014 first quarter on Thursday, March 6th at 2:00 pm ET. To access the webcast, visit the Company's website at www.landstar.com; click on "Investor Relations" and "Webcasts," then click on "Landstar's Mid-First Quarter 2014 Conference Call."
Insider Trading Alert - LSTR, FLO And COF Traded By Insiders
at The Street - Wed Feb 19, 11:45AM CST
Stocks with insider trader activity include LSTR, FLO and COF
A Techie's Valentines Day: Holding Hands and Wearing Video Game Fashions
PR Newswire - Fri Feb 14, 6:39AM CST
As Fashion Week closes in Manhattan, New York's outer boroughs are offering a glimpse of what the best-dressed techies will be wearing this Valentines Day: electronic-embedded costumes for a video game that demands hand-holding.
Tomorrow's Ex-Dividends To Watch: AIF, LSTR, CHD, ROK
at The Street - Wed Feb 12, 9:02AM CST
AIF LSTR CHD ROK are going ex-dividend tomorrow, Thursday, Feb. 13, 2014, 5:00 AM ET
Landstar To Participate In Stifel Nicolaus' Transportation And Logistics Conference And BB&T Capital Markets' Transportation Services Conference
PR Newswire - Wed Feb 05, 6:50AM CST
(NASDAQ-LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today its participation in Stifel Nicolaus' 2014 Transportation and Logistics Conference at the Eau Palm Beach Resort and Spa, in Manalapan, Florida. Landstar Chairman and CEO Henry Gerkens and Landstar President and CFO Jim Gattoni will present an overview of the Company and provide an update with respect to the current level of business activity. Landstar's presentation begins at 1:50 p.m. ET on Wednesday, February 12th. It will be broadcast live via the Internet at www.landstar.com; click on "Investor Relations", and then "Webcasts". The Stifel Nicolaus presentation will be available on Landstar's website through February 19th.
Landstar System Reports Record Thirteen Week Fourth Quarter Revenue And Diluted Earnings Per Share Of $1.30
PR Newswire - Thu Jan 30, 3:15PM CST
Landstar System, Inc. (NASDAQ: LSTR) reported revenue from continuing operations of $692 million in the 2013 fourth quarter, record revenue from continuing operations for a thirteen week fourth quarter. Revenue from continuing operations in the 2012 fourth quarter was $685 million. Landstar reported diluted earnings per share for the 2013 fourth quarter of $1.30 compared to diluted earnings per share of $0.73 in the 2012 fourth quarter. As previously reported, the Company completed the sale of its Landstar Supply Chain Solutions companies ("LSCS") on December 28, 2013, the last day of the Company's 2013 fiscal year, to XPO Logistics, Inc. and as a result, Landstar has reported the historical results of operations of LSCS and gain on sale of LSCS as a discontinued operation. Included in diluted earnings per share in the 2013 fourth quarter was a gain on the sale of LSCS of $0.72. The results of operations of LSCS contributed earnings per diluted share of $0.03 and $0.02 in the 2013 and 2012 fourth quarters, respectively. The sale of LSCS generated cash proceeds, net of estimated income taxes and transaction costs, of $53 million in the 2013 fourth quarter.
13 Earnings Profiles: Facebook, UPS & Exxon
at The Street - Wed Jan 29, 8:03AM CST
The waves of corporate earnings continue with Facebook afterhours today, and UPS and Exxon Mobil premarket on Thursday.
Landstar To Release Fourth Quarter Results On Thursday, January 30, 2014
PR Newswire - Thu Jan 16, 6:50AM CST
(NASDAQ-LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today it will release its 2013 fourth quarter results after the market closes on Thursday, January 30, 2014. The Company will hold its quarterly conference call with analysts and investors on Friday, January 31, 2014 at 8:15 a.m. ET to discuss the fourth quarter results and current outlook. To access the webcast, visit the Company's website at www.landstar.com; click on "Investor Relations"; then "Webcasts"; and then "Landstar's Fourth Quarter 2013 Earnings Release Conference Call".
Landstar Completes Sale Of Supply Chain Companies To XPO Logistics
PR Newswire - Mon Dec 30, 6:50AM CST
(NASDAQ-LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today that it has completed the previously announced sale of its Michigan-based supply chain subsidiaries ("LSCS") to XPO Logistics, Inc. ("XPO") for $87.0 million in cash.
Ex-Dividends To Watch: 5 Stocks Going Ex-Dividend Tomorrow: JRI, JPI, LSTR, TWO, SPLS
at The Street - Mon Dec 23, 9:00AM CST
JRI JPI LSTR TWO SPLS are going ex-dividend tomorrow, Tuesday, Dec. 24, 2013, 5:00 AM ET
Updated Outlooks, MOU Changes, Public Offerings, Conference Calls, and New Appointments - Research Report on Old Dominion, YRC Worldwide, Golar LNG, Landstar and Con-way
PR Newswire - Thu Dec 12, 7:00AM CST
Editor Note: For more information about this release, please scroll to bottom.
Landstar Agrees To Sell Supply Chain Companies For $87.0 Million Declares Special Dividend Increases Authorized Share Buyback
PR Newswire - Wed Dec 11, 6:50AM CST
(NASDAQ-LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today that it has signed a definitive agreement to sell its Michigan-based supply chain subsidiaries ("LSCS") to XPO Logistics, Inc. ("XPO") for $87.0 million in cash.
Landstar System Earnings Review: 18 Days after Announcement Shares Up 0.9% (LSTR)
Comtex SmarTrend(R) - Mon Nov 11, 12:44PM CST
When Landstar System (NASDAQ:LSTR) reported earnings 18 days ago on October 24th, 2013, analysts, on average, expected the company to report earnings of $0.69 on sales of $692.7 million. The company actually reported EPS of $0.64 on sales of $680.5 million, missing EPS estimates by $0.05 and missing revenue estimates by $12.2 million. Shares of Landstar System have climbed from $54.97 to $55.46, representing a gain of 0.9% since the company reported earnings 18 days ago.
Robust Shipment Expectations for the Holiday Season, Financial Results, and New Investments - Research Report on UPS, FedEx, Kirby, Landstar, and Scorpio Tankers
PR Newswire - Thu Oct 31, 8:00AM CDT
Today, Analysts' Corner announced new research reports highlighting United Parcel Service, Inc. (NYSE: UPS), FedEx Corporation (NYSE: FDX), Kirby Corporation (NYSE: KEX), Landstar System, Inc. (NASDAQ: LSTR), and Scorpio Tankers Inc. (NYSE: STNG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Downgrade Alert for Landstar System (LSTR)
Comtex SmarTrend(R) - Fri Oct 25, 7:22AM CDT
Landstar System (NASDAQ:LSTR) was downgraded from Outperform to Neutral at Credit Suisse today. The stock closed yesterday at $54.97 on volume of 738,000 shares, above average daily volume of 303,000. Landstar System (NASDAQ:LSTR) has potential upside of 5.7% based on a current price of $54.97 and analysts' consensus price target of $58.08. The stock should run into initial resistance at its 200-day moving average (MA) of $55.08 and subsequent resistance at its 50-day MA of $56.22.
