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Landstar System (STU:LDS) Other Cash Receipts from Operating Activities


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What is Landstar System Other Cash Receipts from Operating Activities?

Other Cash Receipts from Operating Activities only applicable to companies reporting Cash Flow from Operations in direct method.


Landstar System (STU:LDS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Landstar System Inc (STU:LDS) » Definitions » Other Cash Receipts from Operating Activities
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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.