Landstar System Inc.
Landstar System Inc. is a technology-enabled, asset-light provider of freight transportation and logistics solutions.
Landstar trades on NASDAQ under the ticker LSTR, incorporated in Delaware. It has been a public company for decades; there is no venture or growth-equity financing history.[12]
As of March 28, 2026, Landstar carried no borrowings and no outstanding debt beyond finance lease obligations. It holds a $300 million revolving credit facility, led by JPMorgan Chase as administrative agent, maturing July 1, 2027, with an accordion feature that could expand total capacity to $600 million. The facility was last amended June 21, 2024.[1]
A Q2 2025 10-Q filing summary lists Landstar's market cap at approximately $6.48 billion at a share price of $191.11. A separate source citing the FY2026 Q2 10-Q lists a Canadian-dollar equivalent of roughly C$7.99 billion at C$235.46 per share. The two figures reflect different dates and currency conversions rather than a conflict in underlying data.[6][7]
Institutional investors collectively own approximately 97.95% of Landstar's stock. Kayne Anderson Rudnick Investment Management filed a Schedule 13G/A in August 2026. Empowered Funds LLC acquired 44,101 shares worth approximately $9.12 million in Q2 2026, representing about 0.13% of the company.[2][5]
William “Bill” Clement, Vice President and Chief Commercial Officer[14][18][19][20]
Vallie S. Dugas, General Counsel, Secretary, VP Legal[14][18][19][20]
James Thomas, President of Landstar SVN[14][18][19][20]
Kirk Peine, President at FREIGHTMEISTER INC[14][18][19][20]
Brent Meisenheimer, Company Owner[14][18][19][20]
Landstar Agent · Sep 2026[15]
Landstar · Sep 2026[16]
Landstar Transportation- OLL Agency · Sep 2026[17]
C.H. Robinson · chrobinson.com · Named together in the same market map: Trucking Dive reports Landstar executives said brokers are looking to larger companies after the Supreme Court ruling against brokerage C.H.[10][9]
Freightmeister Inc. · freightmeister.com · Same buyer and same workflow: this is a Landstar agent operation, the exact channel Landstar sells through, so a shipper or capacity provider evaluating Landstar capacity is also evaluating the agent-level alternative.[18]
Ask the company for a current headcount and the date it was counted.
Not a recommendation. The first thing this ledger cannot answer.
Filled in the side panel for invited readers. This card carries sourced facts only.
Sep 2026 · sec.gov
reported
Sep 2026 · sec.gov
reported
Sep 2026 · stocktitan.net
reported
Sep 2026 · marketbeat.com
reported
Sep 2026 · marketscreener.com
reported
Sep 2026 · freightwaves.com
reported
Sep 2026 · truckingdive.com
reported
Sep 2026 · byteseu.com
reported
Landstar System Inc.
Landstar System Inc. is a technology-enabled, asset-light provider of freight transportation and logistics solutions.
Ask the company for a current headcount and the date it was counted.
Not a recommendation. The first thing this ledger cannot answer.