GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Landstar System Inc (FRA:LDS) » Definitions » Accounts Payable & Accrued Expense for Financial Companies

Landstar System (FRA:LDS) Accounts Payable & Accrued Expense for Financial Companies


View and export this data going back to 1993. Start your Free Trial

What is Landstar System Accounts Payable & Accrued Expense for Financial Companies?

Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Landstar System (FRA:LDS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Landstar System Inc (FRA:LDS) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
Traded in Other Exchanges
Address
13410 Sutton Park Drive South, Jacksonville, FL, USA, 32224
Landstar System is an agent based asset-light third-party logistics provider focused on domestic truck brokerage (90% of revenue). Historically, roughly half of its truck transportation freight is hauled by leased owner-operators with the remainder hauled by third-party broker-carriers. To a smaller degree, it offers intermodal, global air and ocean forwarding, and warehousing services. Landstar also runs a small business that offers insurance programs to captive owner-operators. It has a long history of industry-leading execution and operating profitability.