Landstar System, Inc. (LSTR)

96.65 + 1.65 (+1.74%) At close: 4:00PM EDT

Landstar System, Inc.

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

Sector: Services
Industry: Trucking
Full Time Employees: 1,197

Key Executives

Name	Title	Pay	Exercised	Age
Mr. James B. Gattoni	Pres, CEO & Director	474.92k	1.06M	56
Mr. L. Kevin Stout	VP, CFO & Assistant Sec.	263.15k	980.86k	48
Mr. Joseph J. Beacom	VP and Chief Safety & Operations Officer	290.97k	505.88k	53
Mr. Michael K. Kneller	VP, Gen. Counsel & Sec.	287.51k	N/A	43
Mr. Patrick J. O'Malley	VP and Chief Commercial & Marketing Officer	289.43k	147.01k	58

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 September 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.