Landstar System Inc

LSTR: XNAS (USA)
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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.

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