Wire
8:37 AM ET
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
● Oil Falls Back to $80 — Brent Down 3.2%, U.S. Crude at $78.72
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
● Oil Falls Back to $80 — Brent Down 3.2%, U.S. Crude at $78.72
Landstar System
$207.35
+0.26%
Open
$207.65
Prev close
$206.81
Day high
$210.30
Day low
$205.16
As of (UTC)
2026-07-02 12:35:08
Price history
52W High
$228.02
52W Low
$120.68
Avg vol 30d
0
$120.68
$228.02
52-week range · current $207.35 at 81%
1W
-0.18%
1M
-2.84%
3M
+25.45%
6M
+37.59%
YTD
+41.27%
1Y
+41.49%
5Y
+32.11%
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
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Beneficial ownership (passive)
EDGAR ↗
Beneficial ownership (passive)
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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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WERN$43.82 +0.48%
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XPO$207.06 +0.86%
FWRD$14.09 +4.29%
HUBG$44.78 +2.26%
FDX$313.89 +0.24%
UPS$109.54 +1.90%
CHRW$191.27 +1.56%
LSTR$207.35 +0.26%
GXO$51.28 +1.14%
RXO$27.74 +0.54%
EXPD$166.81 +2.35%
RLGT$9.52 +0.63%
ZIM$25.23 -2.96%
MATX$203.92 +6.08%
SBLK$24.81 -0.64%
SFL$10.25 +0.49%
KEX$130.97 -3.68%
NSC$318.99 +1.40%
UNP$277.73 +2.11%
CSX$48.33 +1.68%
CP$85.92 -0.84%
CNI$119.82 +0.49%
R$266.00 +0.85%
GATX$171.73 -3.08%
KNX$77.37 -0.64%
WERN$43.82 +0.48%
MRTN$17.45 +0.58%
HTLD$15.16 -0.39%
USX$24.26 -0.57%
SNDR$36.40 -0.36%
JBHT$290.07 +0.22%
CVLG$44.83 +1.47%
ODFL$217.96 +0.63%
SAIA$418.15 -0.71%
ARCB$139.82 -2.59%
XPO$207.06 +0.86%
FWRD$14.09 +4.29%
HUBG$44.78 +2.26%
FDX$313.89 +0.24%
UPS$109.54 +1.90%
CHRW$191.27 +1.56%
LSTR$207.35 +0.26%
GXO$51.28 +1.14%
RXO$27.74 +0.54%
EXPD$166.81 +2.35%
RLGT$9.52 +0.63%
ZIM$25.23 -2.96%
MATX$203.92 +6.08%
SBLK$24.81 -0.64%
SFL$10.25 +0.49%
KEX$130.97 -3.68%
NSC$318.99 +1.40%
UNP$277.73 +2.11%
CSX$48.33 +1.68%
CP$85.92 -0.84%
CNI$119.82 +0.49%
R$266.00 +0.85%
GATX$171.73 -3.08%