Freight broker Landstar System achieved more financial records during the 2022 first quarter. Fresh highs in revenue, gross profit and net income were some of the highlights. The Jacksonville, Florida-based company reported earnings per share of $3.34 in the quarter, well ahead of the initial guidance range of $2.70 to $2.80 provided at the end of January.
President and CEO Jim Gattoni addressed recent weakness in the spot truckload market on a call with analysts Thursday. He said the declines...
