Another quarter, another record at Landstar

No seasonal letup in demand during January, Landstar says

After logging the highest sequential improvement in truck volumes from the third to fourth quarters in company history, freight broker Landstar System said normal seasonality still hasn’t kicked in as there has been no letup in demand so far in January.

The Jacksonville, Florida-based company reported fourth-quarter earnings per share of $2.99 Wednesday after the market closed. The result was a quarterly record and 11 cents ahead of its raised expectations (at the midpoint of the range) at the...

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