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Landstar System, Inc. (LSTR)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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174.25+1.39 (+0.80%)
As of 11:45AM EDT. Market open.

Landstar System, Inc.

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

Sector(s)Industrials
IndustryIntegrated Freight & Logistics
Full Time Employees1,320

Key Executives

NameTitlePayExercisedYear Born
Mr. James B. GattoniPres, Principal Financial Officer, CEO & Director1.05MN/A1961
Mr. Joseph J. BeacomVP and Chief Safety & Operations Officer478.71kN/A1964
Mr. Ricardo S. CoroVP & Chief Information Officer478.29kN/A1964
Mr. Michael K. KnellerVP, Gen. Counsel & Sec.475.85kN/A1974
Patty McMenaminVP of Corp. CommunicationsN/AN/AN/A
Mr. Robert S. BrasherVP & Chief Commercial OfficerN/AN/A1971
Amounts are as of December 31, 2020 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, Canada, Mexico, and internationally. The company 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, intra-Mexico, intra-Canada, project cargo, and customs brokerage, as well as offers transportation services to other transportation companies, such as third party logistics and less-than-truckload service providers. It 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. This segment serves the automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics, 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 incorporated in 1991 and is headquartered in Jacksonville, Florida.

Corporate Governance

Landstar System, Inc.’s ISS Governance QualityScore as of April 1, 2021 is 3. The pillar scores are Audit: 7; Board: 2; Shareholder Rights: 6; Compensation: 4.

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.