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Landstar System history
Landstar System company history timeline
1988: Landstar System is formed from the IU Truckload Group.
Jeffrey C. Crowe, formerly head of Independent Freightway, was named president and CEO of Landstar in 1989.
Landstar completed an initial public offering (IPO) on NASDAQ in March 1993.
Landstar earned a record $25 million on revenues of $1.2 billion, also a record, in 1995.
The operations of Landstar T.L.C. were merged with those of Landstar Inway in a 1997 restructuring, and T.L.C.'s company-owned trucks were sold off.
1997: The Signature Insurance Company subsidiary is formed; headquarters are relocated to Jacksonville.
Although revenues and earnings fell slightly in the weakened economy of 2001, share price rose 31 percent during the year.
Landstar achieved net income of $50.7 million on sales of $1.6 billion in 2003.
In January 2017, Landstar opened its Landstar United States/Mexico Logistics Service Center in Laredo, Texas.
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Landstar System competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Schneider National | 1935 | $5.3B | 19,600 | 64 |
| Averitt Express | 1958 | $287.0M | 5,000 | - |
| Kenan Advantage Group | 1989 | $990.0M | 4,923 | 444 |
| DHL | 1969 | $14.0B | 400,000 | 45 |
| C.R. England | 1920 | $700.0M | 4,500 | 302 |
| CEVA Logistics | 2011 | $106.9M | 98,000 | 33 |
| Boyd Bros. Drivers | 1956 | $50.0M | 750 | 5 |
| TNT Services | 1989 | $7.5B | 176 | 12 |
| Pilot Freight Services | 1970 | $861.3M | 1,523 | 1 |
| The Dart Network | 1934 | $110.0M | 3,000 | 15 |
Landstar System history FAQs
Zippia gives an in-depth look into the details of Landstar System, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Landstar System. The employee data is based on information from people who have self-reported their past or current employments at Landstar System. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Landstar System. The data presented on this page does not represent the view of Landstar System and its employees or that of Zippia.
Landstar System may also be known as or be related to Landstar, Landstar System, Landstar System Inc and Landstar System, Inc.