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Landstar (LSTR)

Industrials · Asset-light transportation logistics and freight brokerage

Technology-enabled, asset-light transportation network connecting independent agents and third-party carriers to deliver integrated logistics and freight services across North America.

What Landstar does

Landstar System operates a technology-enabled transportation management platform that coordinates freight shipments across multiple modes using a network of approximately 960 independent commission sales agents and over 70,000 third-party capacity providers. The company arranges truckload, less-than-truckload, rail intermodal, air cargo, ocean cargo, and specialized transportation services across North America, serving automotive, consumer durables, chemicals, foodstuffs, retail, electronics, and other industries. Its asset-light model relies on independent contractors and capacity providers to execute shipments while Landstar manages customer relationships, pricing, and digital coordination infrastructure. The company also operates an insurance segment supporting its transportation logistics business.

Themes: ["Asset-light transportation network","Integrated transportation logistics","Multimodal freight services","Agent-based commission sales model","Third-party capacity provider platform","Digital freight coordination","Specialized and hazmat transportation","Cross-border logistics"]

Fundamentals

Dividend: yield +0.8%; 5-year non-decreasing per-share dividend streak (SEC XBRL).

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Key risks (from latest filing)

["Revenue and operating costs directly tied to freight volume and transportation demand; economic slowdown or reduced customer shipping volumes could significantly impact profitability.","Reliance on independent commission sales agents and third-party capacity providers creates operational dependency; inability to attract or retain these partners could limit growth and service capacity.","Competition from larger integrated transportation companies and asset-based carriers could pressure pricing and market share in an increasingly consolidated logistics market."]

See LSTR's biggest risks from its latest 10-Q →

Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.