{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-03T23:51:51.366069+00:00","company":{"ticker":"LSTR","cik":853816,"company_name":"LANDSTAR SYSTEM INC"},"pagination":{"limit":100,"returned":10,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"earnings_release","fact_key":"f2d40e65dea429dba03ace76599ace63b995a483","cik":853816,"ticker":"LSTR","company_name":"LANDSTAR SYSTEM INC","filed_at":"2026-04-28T23:59:59+00:00","payload":{"eps_text":"$1.16","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"first quarter of fiscal 2026","report_date":"2026-04-28","result_type":"reported_results","revenue_text":"$1.171 billion"},"claim":"LANDSTAR SYSTEM INC reported first quarter of fiscal 2026 results: revenue $1.171 billion, EPS $1.16.","evidence_excerpt":"The Company reported total revenue of $1.171 billion in the 2026 first quarter, an increase of 2% as compared to revenue of $1.153 billion in the 2025 first quarter, and basic and diluted earnings per share (“EPS”) of $1.16 in the 2026 first quarter, an increase of 36% as compared to EPS of $0.85 per share in the 2025 first quarter.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-26-187186","anchor_url":"https://secwatch.observer/filing/0001193125-26-187186#claim-f2d40e65dea429dba03ace76599ace63b995a483","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312526187186/0001193125-26-187186-index.htm"},{"fact_type":"restructuring_charge","fact_key":"8fd14e3944656662e98465d6fa80f34d6a7a4eaa","cik":853816,"ticker":"LSTR","company_name":"LANDSTAR SYSTEM INC","filed_at":"2025-08-13T23:59:59+00:00","payload":{"affected_area":"minority equity investment in Cavnue, LLC","charge_text":"up to a $5.0 million","effective_date":null,"event_type":"impairment","headcount_text":null,"item_codes_triggered":["2.06"]},"claim":"LANDSTAR SYSTEM INC announced a impairment with charges of up to a $5.0 million affecting minority equity investment in Cavnue, LLC.","evidence_excerpt":"the Company determined that it intends to record up to a $5.0 million non-cash impairment charge, or $0.11 per share, in the 2025 third quarter related to the Company’s non-controlling investment in Cavnue","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-179448","anchor_url":"https://secwatch.observer/filing/0001193125-25-179448#claim-8fd14e3944656662e98465d6fa80f34d6a7a4eaa","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312525179448/0001193125-25-179448-index.htm"},{"fact_type":"restructuring_charge","fact_key":"972b9319246e27de241f74742b088bfa4db1d5b1","cik":853816,"ticker":"LSTR","company_name":"LANDSTAR SYSTEM INC","filed_at":"2025-08-13T23:59:59+00:00","payload":{"affected_area":"Blue TMS (transportation management system)","charge_text":"$9.0 million","effective_date":null,"event_type":"impairment","headcount_text":null,"item_codes_triggered":["2.06"]},"claim":"LANDSTAR SYSTEM INC announced a impairment with charges of $9.0 million affecting Blue TMS (transportation management system).","evidence_excerpt":"the Company intends to wind-down the Blue TMS and record a $9.0 million non-cash impairment charge, or $0.20 per share in the 2025 third quarter","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-179448","anchor_url":"https://secwatch.observer/filing/0001193125-25-179448#claim-972b9319246e27de241f74742b088bfa4db1d5b1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312525179448/0001193125-25-179448-index.htm"},{"fact_type":"restructuring_charge","fact_key":"6afb19e1573181752664f2027cb722578021b85c","cik":853816,"ticker":"LSTR","company_name":"LANDSTAR SYSTEM INC","filed_at":"2025-08-13T23:59:59+00:00","payload":{"affected_area":"Landstar Metro, S.A.P.I. de C.V. (Mexican subsidiary)","charge_text":"approximately $13 million to $17 million","effective_date":null,"event_type":"impairment","headcount_text":null,"item_codes_triggered":["2.05","2.06"]},"claim":"LANDSTAR SYSTEM INC announced a impairment with charges of approximately $13 million to $17 million affecting Landstar Metro, S.A.P.I. de C.V. (Mexican subsidiary).","evidence_excerpt":"the Company expects to record a non-cash impairment charge to goodwill and certain other assets of approximately $13 million to $17 million, or $0.28 to $0.37 per share, in the aggregate during the 2025 third quarter","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-25-179448","anchor_url":"https://secwatch.observer/filing/0001193125-25-179448#claim-6afb19e1573181752664f2027cb722578021b85c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312525179448/0001193125-25-179448-index.htm"},{"fact_type":"executive_change","fact_key":"6ab9f2f1df","cik":853816,"ticker":"LSTR","company_name":"LANDSTAR SYSTEM INC","filed_at":"2024-11-15T23:59:59+00:00","payload":{"action":"promoted","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-12-01","interim":false,"role":"Vice President and Chief Safety and Operations Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Matthew Miller was appointed as Vice President and Chief Safety and Operations Officer at LANDSTAR SYSTEM INC.","evidence_excerpt":"Also on November 15, 2024, the Company announced the promotion of Matthew Miller to Vice President and Chief Safety and Operations Officer of the Company, succeeding Mr. Beacom in that role, effective December 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-24-259871","anchor_url":"https://secwatch.observer/filing/0001193125-24-259871#claim-6ab9f2f1df","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312524259871/0001193125-24-259871-index.htm"},{"fact_type":"executive_change","fact_key":"faa8bc09e7","cik":853816,"ticker":"LSTR","company_name":"LANDSTAR SYSTEM INC","filed_at":"2024-11-15T23:59:59+00:00","payload":{"action":"appointed","action_category":"role_change","departure_tone":"not_applicable","effective_date":"2024-12-01","interim":false,"role":"President of Landstar System Holdings, Inc.","role_category":"president","successor_name":"Matthew Miller","successor_named":true},"claim":"Joseph J. Beacom was appointed as President of Landstar System Holdings, Inc. at LANDSTAR SYSTEM INC.","evidence_excerpt":"On November 15, 2024, Landstar System, Inc. (“Landstar” or the “Company”) announced the appointment of Joseph J. Beacom as President of the Company’s subsidiary, Landstar System Holdings, Inc., and each of its agent-based transportation services companies, effective December 1, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-24-259871","anchor_url":"https://secwatch.observer/filing/0001193125-24-259871#claim-faa8bc09e7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312524259871/0001193125-24-259871-index.htm"},{"fact_type":"shareholder_vote","fact_key":"7cd44768b4c81dabb019f9ded28e8ee98fecf6cb","cik":853816,"ticker":"LSTR","company_name":"LANDSTAR SYSTEM INC","filed_at":"2024-05-07T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-07","outcome":"passed","proposal_text":"Advisory vote on executive compensation as disclosed in the Proxy Statement","proposal_type":"say_on_pay","results":[{"broker_non_votes":"972,692","subject":null,"votes_abstain":"61,470","votes_against":"1,385,859","votes_for":"31,432,273","votes_withheld":null}]},"claim":"LANDSTAR SYSTEM INC shareholders approved Advisory vote on executive compensation as disclosed in the Proxy Statement at the 2024-05-07 meeting.","evidence_excerpt":"This proposal received 31,432,273 affirmative votes and 1,385,859 negative votes. There were 61,470 abstentions and 972,692 broker non-votes with respect to this proposal.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-24-133282","anchor_url":"https://secwatch.observer/filing/0001193125-24-133282#claim-7cd44768b4c81dabb019f9ded28e8ee98fecf6cb","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312524133282/0001193125-24-133282-index.htm"},{"fact_type":"shareholder_vote","fact_key":"3dbefdf614c935c08c2c4a7f4b84cbbd7a5cdc27","cik":853816,"ticker":"LSTR","company_name":"LANDSTAR SYSTEM INC","filed_at":"2024-05-07T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-07","outcome":"passed","proposal_text":"Ratification of appointment of KPMG LLP as independent registered public accounting firm for fiscal year 2024","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"40,034","votes_against":"529,655","votes_for":"33,282,605","votes_withheld":null}]},"claim":"LANDSTAR SYSTEM INC shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for fiscal year 2024 at the 2024-05-07 meeting.","evidence_excerpt":"This proposal received 33,282,605 affirmative votes and 529,655 negative votes. There were 40,034 abstentions with respect to this proposal.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-24-133282","anchor_url":"https://secwatch.observer/filing/0001193125-24-133282#claim-3dbefdf614c935c08c2c4a7f4b84cbbd7a5cdc27","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312524133282/0001193125-24-133282-index.htm"},{"fact_type":"shareholder_vote","fact_key":"a3482343baef0e6ebfedafb3128ce2d1e7ac4fb7","cik":853816,"ticker":"LSTR","company_name":"LANDSTAR SYSTEM INC","filed_at":"2024-05-07T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2024-05-07","outcome":"passed","proposal_text":"Election of six directors to serve until the 2025 Annual Meeting","proposal_type":"director_election","results":[{"broker_non_votes":"972,692","subject":"David G. 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White","votes_abstain":"40,680","votes_against":"406,311","votes_for":"32,432,611","votes_withheld":null}]},"claim":"LANDSTAR SYSTEM INC shareholders approved Election of six directors to serve until the 2025 Annual Meeting at the 2024-05-07 meeting.","evidence_excerpt":"David G. Bannister 31,293,378 1,537,602 48,622 972,692 James L. Liang 32,431,123 407,695 40,784 972,692 Frank A. Lonegro 32,118,022 713,564 48,016 972,692 Anthony J. Orlando 32,393,841 444,967 40,794 972,692 George P. Scanlon 32,434,995 403,813 40,794 972,692 Teresa L. White 32,432,611 406,311 40,680 972,692","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001193125-24-133282","anchor_url":"https://secwatch.observer/filing/0001193125-24-133282#claim-a3482343baef0e6ebfedafb3128ce2d1e7ac4fb7","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312524133282/0001193125-24-133282-index.htm"},{"fact_type":"earnings_release","fact_key":"f40f2983fcfeffc39277df54ded6f1b0589f7c52","cik":853816,"ticker":"LSTR","company_name":"LANDSTAR SYSTEM INC","filed_at":"2024-04-25T23:59:59+00:00","payload":{"eps_text":"$1.32","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"first quarter of fiscal 2024","report_date":"2024-04-24","result_type":"reported_results","revenue_text":"$1.171 billion"},"claim":"LANDSTAR SYSTEM INC reported first quarter of fiscal 2024 results: revenue $1.171 billion, EPS $1.32.","evidence_excerpt":"- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported basic and diluted earnings per share (“EPS”) of $1.32 in the 2024 first quarter on revenue of $1.171 billion. Landstar also\nannounced today that its Board of Directors declared a quarterly dividend of $0.33 per share payable on May 24, 2024, to stockholders of record as of the close of","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001193125-24-111541","anchor_url":"https://secwatch.observer/filing/0001193125-24-111541#claim-f40f2983fcfeffc39277df54ded6f1b0589f7c52","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/853816/000119312524111541/0001193125-24-111541-index.htm"}]}