Landstar System Inc

LSTR: XNAS (USA)
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Landstar Earnings: Truckload Spot Pricing Reaches Inflection Point

Truck brokerage specialist Landstar’s first-quarter gross revenue flipped positive year over year (up 2%) on recovering trucking-segment pricing conditions. Net revenue—gross revenue less purchased transportation—outpaced gross revenue growth as gross margin (net revenue/gross revenue) expanded.

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