Landstar profits take $16.7M hit from court case, crashes
Landstar SystemLandstar System(US:LSTR) Yahoo Finance·2026-02-02 18:34

This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. Dive Brief: Landstar System’s operating income fell to 29.6millioninQ4,accordingtoanewsrelease,representinganearly4929.6 million in Q4, according to a news release, representing a nearly 49% decline year over year after three crashes sent costs upward. Insurance and claims costs rose to 56 million, which included 11millionfortwotragiccrashesinQ4,thecompanysaid. Thelineitemalsoinvolved11 million for two tragic crashes in Q4, the company said. The line item also involved 5.7 million for c ...