Landstar System Inc
LSTR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| ^#? | LOCK|Y< | LOCK|x$p$MW>m |
Landstar Earnings: Dry Van Demand Weakness Likely to Persist Near Term
Landstar’s second-quarter gross revenue fell 1% year over year as lower rail, air, and ocean revenue more than offset a 1% increase in core truck transportation revenue. Net revenue fell 2% on slight gross margin (net revenue/gross revenue) deterioration from higher capacity rates.
