• ITVI.USA
    15,569.490
    38.910
    0.3%
  • OTRI.USA
    24.260
    -0.060
    -0.2%
  • OTVI.USA
    15,521.990
    37.880
    0.2%
  • TLT.USA
    2.700
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.500
    -0.050
    -2%
  • TSTOPVRPM.CHIATL
    3.080
    0.050
    1.7%
  • TSTOPVRPM.DALLAX
    1.370
    -0.080
    -5.5%
  • TSTOPVRPM.LAXDAL
    2.950
    0.040
    1.4%
  • TSTOPVRPM.PHLCHI
    1.690
    -0.010
    -0.6%
  • TSTOPVRPM.LAXSEA
    3.130
    0.110
    3.6%
  • WAIT.USA
    120.000
    0.000
    0%
  • ITVI.USA
    15,569.490
    38.910
    0.3%
  • OTRI.USA
    24.260
    -0.060
    -0.2%
  • OTVI.USA
    15,521.990
    37.880
    0.2%
  • TLT.USA
    2.700
    0.000
    0%
  • TSTOPVRPM.ATLPHL
    2.500
    -0.050
    -2%
  • TSTOPVRPM.CHIATL
    3.080
    0.050
    1.7%
  • TSTOPVRPM.DALLAX
    1.370
    -0.080
    -5.5%
  • TSTOPVRPM.LAXDAL
    2.950
    0.040
    1.4%
  • TSTOPVRPM.PHLCHI
    1.690
    -0.010
    -0.6%
  • TSTOPVRPM.LAXSEA
    3.130
    0.110
    3.6%
  • WAIT.USA
    120.000
    0.000
    0%
Driver issuesNewsTruckingTruckload

Landstar opens I-85 driver center near Atlanta

New driver facility has parking for 120 tractor-trailers

Freight broker Landstar System Inc. (NASDAQ: LSTR) announced the opening of a new driver-focused facility located on Interstate 85 between Atlanta and Greenville, South Carolina.

The Carnesville, Georgia, property boasts 8,000 square feet of classrooms, a conference room and several amenities for the company’s 10,000 independent owner-operators. Landstar’s owner-operators will have access to a business center, free Wi-Fi, laundry, showers and break rooms. The 20-acre property also provides secured parking for 120 tractor-trailers as well as 70 passenger vehicles.  

“The location has easy truck access for our owner-operators with multiple driver-focused businesses at the same exit in Carnesville,” said EVP of capacity development Rocco Davanzo. “Landstar maintains facilities focused on its leased owner-operators across the United States and in Canada. These locations are designated places for independent owner-operators to connect with Landstar, network with others and participate in continuous professional education to keep their businesses running smoothly.”

The Jacksonville, Florida-based company recently raised earnings expectations for the third quarter. Earnings per share (EPS) guidance was raised by 25% at the midpoint of the new range, $1.40 to $1.46. The company expects loads hauled via truck and revenue per load to increase in the low-single-digit range compared to the third quarter of 2019. Landstar’s new guidance is significantly improved from the original guide issued in July, which called for mid-single-digit declines in both metrics.

Landstar reports third-quarter results after the market closes next Wednesday.

Click for more FreightWaves articles by Todd Maiden.

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Todd Maiden

Based in Richmond, VA, Todd is the finance editor at FreightWaves. Prior to joining FreightWaves, he covered the TLs, LTLs, railroads and brokers for RBC Capital Markets and BB&T Capital Markets. Todd began his career in banking and finance before moving over to transportation equity research where he provided stock recommendations for publicly traded transportation companies.

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