Wire
5:03 PM ET
What does a 3-truck fleet need to qualify for freight factoring?
● Dry Van Spot Rates Hit $2.14/Mile, Up 31% as Volumes Fall
● Prime Sues IRS for $11M Reefer Fuel Tax Refund Owner-Operators Can Claim Too
● Carriers Report Improved Conditions as Freight Market Optimism Grows
● Major Carriers Still Betting on Diesel Through 2030s
● Dedicated Fleets Lock Rates as Spot Jumps 21% and Capacity Exits
● Spot Rates Up 50% Year-Over-Year as Mid-June Slump Hits Demand
● Brent Crude Down 2.8% to $78.34 as Iran Talks Continue
● TFS and WEX launch equipment financing for carriers after 3-year freeze
● Tender Rejections Hit 16.5% — Market Won't Balance Until Late 2027
● Iran Reopens Hormuz, Oil Flows Again Under U.S. Deal
● Cushing Oil Tanks Drain Near Empty as Diesel Feedstock Tightens
● Intermodal Volume Up 10.9% as Truckload Rates Push Freight to Rail
● Brent Crude Falls to $78.36 — Down $1.19 as Iran War Premium Fades
What does a 3-truck fleet need to qualify for freight factoring?
● Dry Van Spot Rates Hit $2.14/Mile, Up 31% as Volumes Fall
● Prime Sues IRS for $11M Reefer Fuel Tax Refund Owner-Operators Can Claim Too
● Carriers Report Improved Conditions as Freight Market Optimism Grows
● Major Carriers Still Betting on Diesel Through 2030s
● Dedicated Fleets Lock Rates as Spot Jumps 21% and Capacity Exits
● Spot Rates Up 50% Year-Over-Year as Mid-June Slump Hits Demand
● Brent Crude Down 2.8% to $78.34 as Iran Talks Continue
● TFS and WEX launch equipment financing for carriers after 3-year freeze
● Tender Rejections Hit 16.5% — Market Won't Balance Until Late 2027
● Iran Reopens Hormuz, Oil Flows Again Under U.S. Deal
● Cushing Oil Tanks Drain Near Empty as Diesel Feedstock Tightens
● Intermodal Volume Up 10.9% as Truckload Rates Push Freight to Rail
● Brent Crude Falls to $78.36 — Down $1.19 as Iran War Premium Fades
Landstar System
$208.21
+0.41%
Open
$209.65
Prev close
$207.35
Day high
$210.81
Day low
$205.35
As of (UTC)
2026-07-03 21:00:06
Price history
52W High
$228.02
52W Low
$120.68
Avg vol 30d
0
$120.68
$228.02
52-week range · current $208.21 at 82%
1W
-0.50%
1M
-3.28%
3M
+25.97%
6M
+38.16%
YTD
+41.85%
1Y
+46.07%
5Y
+32.66%
Company
Landstar System Inc
Industry
Road & Rail
IPO
Mar 5, 1993
Market cap
$7.10B
Shares out
33.93M
Latest quarter
Revenue
$1.17B
▲ +1.6% YoY
Net income
$39.44M
▲ +32.3% YoY
EPS (diluted)
$1.16
▲ +36.5% YoY
Op. cash flow
$78.21M
30%
Recent news
Recent SEC filings
Beneficial ownership (passive)
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Current report
EDGAR ↗
Beneficial ownership (passive)
EDGAR ↗
Beneficial ownership (passive)
EDGAR ↗
Quarterly report
EDGAR ↗
Current report
EDGAR ↗
Additional proxy materials
EDGAR ↗
Analyst consensus
Strong buy
Buy
Hold
Sell
Strong sell
Jun '26
May '26
Apr '26
Mar '26
Feb '26
Quarterly financials
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Jul '23 | Apr '23 | Q4 '22 | Q3 '22 | Q2 '22 | Q1 '22 | Q4 '21 | Q3 '21 | Q2 '21 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.17B | — | — | — | $1.15B | — | — | — | $1.17B | — | — | — | $1.44B | — | — | — | $1.97B | — | — | — |
| Operating income | $53.24M | — | — | — | $39.42M | — | — | — | $59.96M | — | — | — | $101.28M | — | — | — | $162.83M | — | — | — |
| Net income | $39.44M | — | — | $41.89M | $29.81M | — | — | $52.62M | $47.10M | — | — | $66.56M | $78.20M | — | — | $112.56M | $124.84M | — | — | $92.29M |
| Op. cash flow | $78.21M | — | — | — | $55.70M | — | — | — | $94.21M | — | — | — | $139.04M | — | — | — | $94.97M | — | — | — |
| EPS (diluted) | $1.16 | — | — | — | $0.85 | — | — | — | $1.32 | — | — | — | $2.17 | — | — | — | $3.34 | — | — | — |
| EPS (basic) | $1.16 | — | — | — | $0.85 | — | — | — | $1.32 | — | — | — | $2.17 | — | — | — | — | — | — | — |
| Total assets | $1.60B | $1.64B | $1.66B | $1.70B | $1.72B | $1.81B | $1.76B | $1.76B | $1.75B | $1.80B | $1.85B | $1.84B | $1.84B | $1.93B | $1.99B | $2.02B | $2.05B | $2.05B | $1.91B | $1.70B |
| Long-term debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | $70.00M | $0.00 | $0.00 | $0.00 |
| Stockholder eq. | $798.98M | $795.67M | $888.70M | $921.83M | $930.76M | $972.44M | $1.02B | $1.00B | $1.02B | $983.92M | $1.04B | $993.56M | $935.65M | $887.22M | $873.17M | $856.87M | $856.15M | $862.01M | $899.69M | $830.17M |
Source: SEC EDGAR XBRL filings. Discrete quarter figures derived from each 10-Q (or 10-K for fiscal-year close). Negative values shown in red.
Data is provided for informational purposes only and is not investment advice. Quotes may be delayed by up to 5 minutes. SEC filing metadata is pulled from EDGAR; analyst consensus from Finnhub. Carrier Atlas is not a registered broker-dealer or investment adviser.
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UNP$282.25 +1.63%
CSX$48.89 +1.16%
CP$87.79 +2.18%
CNI$121.56 +1.45%
R$260.72 -1.99%
GATX$173.67 +1.13%
KNX$76.35 -1.32%
WERN$43.20 -1.41%
MRTN$17.46 +0.06%
HTLD$14.90 -1.72%
USX$24.15 -0.45%
SNDR$35.80 -1.65%
JBHT$285.83 -1.46%
CVLG$43.94 -1.99%
ODFL$217.65 -0.14%
SAIA$416.69 -0.35%
ARCB$139.67 -0.11%
XPO$206.33 -0.35%
FWRD$13.45 -4.54%
HUBG$44.94 +0.36%
FDX$313.00 -0.28%
UPS$110.66 +1.02%
CHRW$189.85 -0.74%
LSTR$208.21 +0.41%
GXO$51.95 +1.31%
RXO$26.61 -4.07%
EXPD$167.57 +0.46%
RLGT$9.49 -0.32%
ZIM$25.57 +1.35%
MATX$203.53 -0.19%
SBLK$25.15 +1.37%
SFL$10.59 +3.32%
KEX$129.84 -0.86%
NSC$322.71 +1.17%
UNP$282.25 +1.63%
CSX$48.89 +1.16%
CP$87.79 +2.18%
CNI$121.56 +1.45%
R$260.72 -1.99%
GATX$173.67 +1.13%