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Regional settings| Spread | 0.34 | ||||
 Long position overnight feeLong position overnight fee
Trade size with leverage ~ $5,000.00 Short position overnight fee ~ $4,000.00 | -0.026179% | ||||
| Short position overnight fee Short position overnight fee
Trade size with leverage ~ $5,000.00 Short position overnight fee ~ $4,000.00 | 0.003957% | ||||
| Overnight fee time | 21:00 (UTC) | ||||
| Currency | USD | ||||
| Min traded quantity | 1 | ||||
| Margin | 20 | ||||
| Stock exchange | United States of America | ||||
| Commission on trade1 | 0% |
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information
| Prev. Close | 174.1 |
| Open | 173.4 |
| 1-Year Change | -1.4% |
| Day's Range | 172.14 - 174.49 |
Landstar System, Inc. is an asset-light provider of integrated transportation management solutions. The Company operates through two operating segments: the transportation logistics segment and the insurance segment. The transportation logistics segment provides a range of integrated transportation management solutions. Transportation services offered by the Company include truckload and less-than-truckload transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, the United States-Canada and the United States-Mexico cross-border, intra-Mexico, intra-Canada, project cargo and customs brokerage. The insurance segment consists of Signature Insurance Company (Signature), a wholly owned offshore insurance subsidiary, and Risk Management Claim Services, Inc. The insurance segment offers risk and claims management services to certain of Landstar’s operating subsidiaries.
BRIEF: For the fiscal year ended 25 December 2021, Landstar System, Inc. revenues increased 58% to $6.54B. Net income increased 99% to $381.5M. Revenues reflect Insurance segment increase of 32% to $74.7M. Net income benefited from Transportation Logistics segment income increase from $221.2M to $464.3M, Insurance segment income increase of 30% to $41.4M. Dividend per share increased from $0.79 to $0.92.
Common Stock $.01 Par, 03/11, 160M auth., 66,554,156 issd., less 18,675,959 shs. in Treas. @ $763M. Insiders & Strategic holders own 0.91%. IPO 3/93, 4.75M shares @ $13 by Alex. Brown & Sons. PO: 10/93, 5.5M shares @ $15 by Morgan Stanley. 1/05, 11/03 & 8/02, 2-for-1 stock splits.
