Landstar reports solid Q3, comps to freight boom ahead

A Landstar trailer being pulled by a carrier on the highway

Landstar System noted a deceleration in trends during the 2022 third quarter on a call with analysts Thursday. However, the freight broker’s rate and load metrics have remained firm compared to the broader spot truckload market.

Landstar (NASDAQ: LSTR) reported earnings per share of $2.76 Wednesday after the market closed. The result was in line with analysts’ expectations but at the low end of management’s $2.75 to $2.85 guidance range. The result was a record for any third quarter in company...

https://www.freightwaves.com/news/landstar-reports-solid-q3-comps-to-freight-boom-ahead

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