Landstar System Inc. LSTR

What this company does

Landstar System, Inc. is a technology-enabled, asset-light provider of integrated transportation management solutions, delivering transportation services to a broad range of customers through a network of agents, third-party capacity providers and employees. It provides services principally throughout the United States and, to a lesser extent, in Canada and Mexico, and between the United States and Canada, Mexico and other countries around the world. It generated revenue of $4.7 billion during its most recently completed fiscal year. Its top 100 customers accounted for approximately 46% of its consolidated revenue during both fiscal years 2025 and 2024. The Company reports the results of two operating segments: the transportation logistics segment and the insurance segment. The transportation logistics segment provides a wide range of integrated transportation management solutions, including truckload, less-than-truckload and other truck transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul and specialized services, hazardous materials, cold chain and temperature-controlled, U.S.-Canada and U.S.-Mexico cross-border, intra-Mexico, intra-Canada, project cargo and customs brokerage. The insurance segment is comprised of Signature Insurance Company, a wholly owned offshore insurance subsidiary, and Risk Management Claim Services, Inc., and it provides risk and claims management services to certain of Landstar's Operating Subsidiaries, reinsures certain risks of the Company's BCO Independent Contractors, and provides certain property and casualty insurance and reinsurance to certain of Landstar's Operating Subsidiaries. Landstar System, Inc. was incorporated in Delaware in January 1991 and has been a publicly held company since its initial public offering in March 1993.

Written from the business description in LANDSTAR SYSTEM INC's annual report to the U.S. Securities and Exchange Commission, filed 24 February 2026. Every sentence was checked against that document before publication.