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Landstar System (FRA:LDS) Deferred Policy Acquisition Costs


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What is Landstar System Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Landstar System (FRA:LDS) Business Description

Industry
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.