LANDSTAR NET INCOME UP 3%

LANDSTAR NET INCOME UP 3%    Landstar System    Inc. reported third-quarter net income of $11.9 million, up 3 percent from the same period of 2000. Revenue was $355.7 million for the quarter, up 1 percent from 2000.
   Landstar’s carrier group of companies generated $276.5 million down slightly from 2000. Landstar’s multimodal services group of companies reported revenue of $73.2 million in the 2001 third quarter, up 7 percent.
   Net income for the year to date, was $31.2 million. Revenue was $1,045 million. Landstar’s carrier group of companies generated $820.1 million.
   Landstar System Inc. is based in Jacksonville, Fla. The Landstar carrier group, which comprises Landstar Gemini Inc., Landstar Inway Inc., Landstar Ligon Inc. and Landstar Ranger Inc., provides over-the-road transportation services. The Landstar multimodal group, which comprises Landstar Express America Inc. and Landstar Logistics Inc., provides expedited, contract logistics and intermodal transportation services.