Landstar System Inc

LSTR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Landstar Earnings: Dry Van Truckload Sector Demand and Pricing Stable but Stubbornly Soft

Matthew Young

Oct 29, 2025

Truck brokerage specialist Landstar’s third-quarter gross revenue fell 1% year over year as lower rail, air, and ocean revenue more than offset flattish core truck transportation revenue. Net revenue also fell 1%, while gross margin (net revenue/gross revenue) held mostly steady.

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Landstar System Inc

Landstar Earnings: Dry Van Truckload Sector Demand and Pricing Stable but Stubbornly Soft

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