Landstar System
-
Company earnings
Landstar reports significant third quarter earnings miss
The company warned of its upcoming poor performance in September but still missed analyst's earnings estimates.
Read More » -
News
Analysts lowering estimates heading into earnings season – what to watch for
Third quarter 2019 is likely to see another step down in earnings expectations for the year. Equity analysts have been busy lowering estimates on many…
Read More » -
News
Updated: Landstar guides lower due to ‘tragic accident’ and unfavorable market conditions
Landstar System warns on earnings due to a “tragic vehicular accident” and weaker than anticipated market conditions.
Read More » -
Driver issues
Truck drivers generally pan proposed revisions to hours-of-service rules
Reaction is mixed among stakeholders to hours-of-service rule changes proposed by the Federal Motor Carrier Safety Administration.
Read More » -
News
Updated: Landstar sees truckload fundamentals remaining under pressure in third quarter of 2019
Landstar missed the bottom-end of its guidance range as expected. The company sees weakness in truckload fundamentals continuing through the third quarter.
Read More » -
Business
Susquehanna cuts transports price targets but anticipates good setup for spot-exposed brokers
Bascome Majors says contract rates will be under downward pressure for the rest of the year, but spot rates may have already turned up.
Read More » -
Truckload
DAT confirms May drop in spot volumes and pricing (with video)
The truckload spot market experienced another month of softness in May, confirming recent commentary that normal seasonality isn’t taking shape.
Read More » -
Driver issues
Driver pay increases may leave spot-market fleets vulnerable (with video)
Trucking could get hit "very hard" by an economic recession, ATA warns
Read More » -
Markets
Truckload stocks looking past upcoming tariffs
Truckload carrier stocks have held up through the last six trading sessions, walking through a couple of potential body blows.
Read More » -
News
Landstar sees weakness in TL spot market, downplays Uber-Amazon impact on brokerage
Landstar announced that it may not be able to meet the low-end of its guidance range as truckload spot market fundamentals remain weak.
Read More »