Matthew Miller
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.
Highest-materiality recent filing
All nine director nominees elected with >91% 'for' votes; Diana M. Murphy received lowest support at 28.7M for, 1.6M against.
Landstar System Q1 2026 revenue $1.171B, EPS $1.16 up 36% YoY; declares $0.40 dividend
Q1 2026 revenue $1.171B, up 1.6% vs $1.153B in Q1 2025
Landstar GC Kneller to resign May 8; Dugas named interim GC
Michael K. Kneller, VP, General Counsel and Secretary since 2005, to resign May 8, 2026 to join law firm Scopelitis, Garvin, Light, Hanson & Feary, P.C.
Landstar Q4 EPS $0.70 vs $1.31 YoY; elevated insurance claims weigh on results
Revenue $1,174M (-3% YoY); EPS $0.70 vs $1.31 prior year.
Landstar prelim Q4 revenue $1,174M, EPS $0.70 vs $1.31; insurance costs surge
Total revenue $1,174M (down 3% YoY); basic/diluted EPS $0.70 vs $1.31 in Q4 2024.
Landstar declares $2.00 special dividend payable Jan 21, 2026
Special cash dividend of $2.00 per share declared on December 3, 2025.
Landstar elects two new independent directors; board expands to ten
Barr Blanton and Melanie Housey Hart elected to Landstar board effective Oct 31, 2025; terms expire at 2026 annual meeting.
Landstar Q3 GAAP EPS $0.56 vs $1.41 YoY on $66M impairment; adjusted EPS $1.22
Revenue $1,205M vs $1,214M YoY; truck revenue per load and loads flat.
Landstar System provides update on strategic review, impairments, and Texas litigation verdict
Strategic review leads to plan to sell Mexican subsidiary Landstar Metro; expects Q3 non-cash impairment of $13M-$17M ($0.28-$0.37/share).
Landstar Q2 EPS $1.20, revenue $1.211B; platform equipment revenue up, BCO count stable
Q2 EPS $1.20 (down from $1.48 YoY); revenue $1.211B (down from $1.225B).
Landstar shareholders reject say-on-pay at 2025 annual meeting; all directors elected
Advisory vote on 2024 executive compensation failed: 15.2M for vs 17.0M against (52.8% opposed).
EPS of $0.85 (GAAP) in Q1 2025, down from $1.32 in Q1 2024; adjusted EPS prior to fraud charge $0.95.
Landstar reschedules Q1 earnings to May 13, cites supply chain fraud with ~$15M impact
Earnings release and conference call moved from April 29 to May 13, 2025; Form 12b-25 filed for 10-Q extension.
Landstar reduces Q1 EPS view to $0.90-$0.95, discloses supply chain fraud
New Q1 EPS guidance $0.90-$0.95 vs prior $1.05-$1.25 due to elevated insurance/claims costs.
Landstar Q4 EPS falls to $1.31 from $1.62; revenue $1.209B up 0.4% YoY
Q4 2024 EPS of $1.31, down from $1.62 in Q4 2023; net income declined as insurance costs spiked.
Landstar declares special cash dividend of $2.00 per share payable Jan 21, 2025
Special cash dividend of $2.00 per share on common stock declared by Board.
Landstar appoints Joseph Beacom as subsidiary President; Miller promoted to Chief Safety Officer
Joseph Beacom named President of Landstar System Holdings, Inc. effective Dec 1, 2024.
Landstar Q3 revenue falls 5.8% to $1.214B; EPS $1.41 vs $1.71
Revenue $1.214B, down 5.9% YoY; EPS $1.41 vs $1.71 (down 17.5%).
Landstar Q2 revenue falls 11% YoY to $1.225B; EPS down to $1.48; dividend raised 9%
Revenue $1.225B vs $1.374B YoY (-11%); EPS $1.48 vs $1.85 YoY (-20%).
Landstar annual meeting elects all six director nominees and approves KPMG and say-on-pay
All six director nominees elected: Bannister (31.3M for), Liang (32.4M), Lonegro (32.1M), Orlando (32.4M), Scanlon (32.4M), White (32.4M).
Landstar Q1 revenue $1.17B (-18% YoY), EPS $1.32 (-39% YoY), dividend $0.33
Revenue $1,171M, down from $1,436M YoY; EPS $1.32, down from $2.17 YoY.
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.
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.
Max materiality 0.90 · Median 0.75 · Most common event earnings