Landstar Continues to Grapple With Freight Market Weakness
Key Takeaways LSTR faces low volumes and rates due to reduced freight demand and surplus truck capacity. Persistent inflation and rising labor and material costs threaten future profitability. LSTR stock is down 21.1% YTD, underperforming the transportation-truck industry's 18% drop.Landstar System, Inc. (LSTR) is currently facing multiple headwinds, which, we believe, have made it an unimpressive investment option.Landstar is being hurt by reduced demand for freight services and increased truck capacity. ...