GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Landstar System Inc (STU:LDS) » Definitions » Other Liabilities for Insurance Companies

Landstar System (STU:LDS) Other Liabilities for Insurance Companies


View and export this data going back to 2019. Start your Free Trial

What is Landstar System Other Liabilities for Insurance Companies?

Other Liabilities for Insurance Companies only applies to insurance companies.


Landstar System (STU:LDS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Landstar System Inc (STU:LDS) » Definitions » Other Liabilities for Insurance 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.