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Landstar System, Inc. (LSTR)


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Landstar System, Inc.

13410 Sutton Park Drive South
Jacksonville, FL 32224
United States
904-398-9400
http://www.landstar.com

SectorServices
IndustryTrucking
Full Time Employees1,197

Key Executives

NameTitlePayExercisedAge
Mr. James B. GattoniChief Exec. Officer, Pres and Director474.92k1.06M56
Mr. L. Kevin StoutChief Financial Officer, VP and Assistant Sec.263.15k980.86k48
Mr. Joseph J. BeacomChief Safety & Operations Officer and VP290.97k505.88k53
Mr. Michael K. KnellerVP, Gen. Counsel and Sec.287.51kN/A43
Mr. Patrick J. O'MalleyChief Commercial & Marketing Officer and VP289.43k147.01k58
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Landstar System, Inc. provides integrated transportation management solutions in the United States and internationally. It operates through two segments, Transportation Logistics and Insurance. The Transportation Logistics segment offers a range of transportation services, including truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, U.S.-Canada and U.S.-Mexico cross-border, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, including logistics and less-than-truckload service providers. This segment provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans, and containers; rail intermodal services through contracts with domestic and Canadian railroads; and air and ocean services through contracts with domestic and international airlines and ocean lines. It serves automotive products, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, ammunition and explosives, and military equipment industries. The Insurance segment reinsures certain risks of the company’s independent contractors. The company markets its services through independent commission sales agents and third party capacity providers. Landstar System, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.

Corporate Governance

Landstar System, Inc.’s ISS Governance QualityScore as of May 1, 2017 is 3. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 6; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.