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Landstar Appoints New Chairman, Sets Stock Buyback

2015-05-23 07:14:09| Trucking - Topix.net

Landstar System said May 22 that Diana Murphy has been named nonexecutive chairman of the board, effective May 19, and that it raised to 3 million the amount of its stock shares it intends to purchase. Murphy, who joined the board in 1998 and has served as its lead director since May 2012, "has been a valuable member of Landstar's board for over 17 years," CEO Jim Gattoni said in a statement.

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Analysts expect modest growth - at best - at Landstar

2015-04-24 22:49:32| Logistics - Topix.net

Analysts have mixed views on the remainder of Landstar System Inc.'s year , after the company posted a lackluster first quarter due to an accident that led to a one-time $4.5 million expense for the Jacksonville company. Experts agree that had the settlement not hit the company so hard - costing Landstar 6 cents per share - the logistics firm would have hit its guidance range of 71 cents to 76 cents, rather than landing at 67 cents for the first quarter.

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Landstar hard-hit by deadly court verdict, misses on earnings and revenue

2015-04-24 15:49:00| Trucking - Topix.net

Jim Gattoni, new CEO of Landstar. Gattoni started with the company in 1995 and was previously chief financial officer.

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Landstar System's Hold Rating Reiterated at Deutsche Bank

2015-03-18 19:18:17| Trucking - Topix.net

's stock had its "hold" rating reaffirmed by Deutsche Bank in a research note issued on Wednesday. They currently have a $76.00 price objective on the stock.

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Landstar to Participate in Stifel's Transportation and Logistics Conference and BB&T Capital Markets' Transportation Services Conference

2015-02-09 11:31:41| Industrial Newsroom - All News for Today

JACKSONVILLE, Fla.  (NASDAQ: LSTR) Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services, announced today its participation in Stifel's 2015 Transportation and Logistics Conference at the Ritz-Carlton in Key...

Tags: services capital conference transportation

 

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