Landstar Q2 revenue $1.432B (+18% YoY), EPS $1.44 (+20% YoY); dividend raised 10% to $0.44

LANDSTAR SYSTEM INC

Q2 revenue $1.432B (+18% YoY); diluted EPS $1.44 (+20% YoY).
Gross profit $132.3M (+21% YoY); variable contribution $199.4M (+17% YoY).
Truck revenue per load +17% YoY; net 68 BCO truck additions (strongest since Q1 2022).
Quarterly dividend raised 10% to $0.44/share, payable Sept 9, 2026 to holders of record Aug 18.
Insurance & claims expense increased due to unfavorable development of prior years' claims; CEO cites challenging claim environment.

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