Landstar System, Inc. (LSTR)

182.78 -1.34 (-0.73%) At close: 04:00PM EDT

Landstar System, Inc.

13410 Sutton Park Drive South
Jacksonville, FL 32224
United States
904 398 9400
https://www.landstar.com

Sector(s): Industrials
Industry: Integrated Freight & Logistics
Full Time Employees: 1,468

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. James P. Todd	VP, Principal Accounting Officer & CFO	376.39k	N/A	1987
Mr. Joseph J. Beacom	VP and Chief Safety & Operations Officer	406.21k	N/A	1964
Mr. Ricardo S. Coro	VP & Chief Information Officer	402.45k	N/A	1964
Mr. Michael K. Kneller	VP, General Counsel & Secretary	426.22k	N/A	1974
Mr. Frank A. Lonegro	President, CEO & Director	N/A	N/A	1969
Ms. Aimee M. Cooper	VP & Chief Administrative Officer	N/A	N/A	1973
Mr. James Applegate	VP and Chief Corporate Sales, Strategy & Specialized Freight Officer	N/A	N/A	N/A
Mr. Matt Dannegger	VP & Chief Field Sales Officer	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Landstar System, Inc. provides integrated transportation management solutions in the United States, Canada, Mexico, and internationally. It operates through two segments: Transportation Logistics and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, such as third party logistics and less-than-truckload services. It provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads, certain short-line railroads, and asset-based intermodal equipment; and domestic and international air and ocean services. This segment serves the automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, and military equipment industries. The Insurance segment provides risk and claims management services; and reinsures risks of the company's independent contractors. It markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was incorporated in 1991 and is headquartered in Jacksonville, Florida.

Corporate Governance

Landstar System, Inc.’s ISS Governance QualityScore as of September 18, 2024 is 2. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 4; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.