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Landstar System (FRA:LDS) Cash Payments for Deposits by Banks and Customers


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What is Landstar System Cash Payments for Deposits by Banks and Customers?

Cash Payments for Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Landstar System (FRA:LDS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Landstar System Inc (FRA:LDS) » Definitions » Cash Payments for Deposits by Banks and Customers
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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.