Landstar System, Inc. Ranks #489 on Fortune 500 List
05 Junho 2023 - 10:27AM
Landstar System, Inc. (NASDAQ: LSTR), a worldwide
technology-enabled, asset-light provider of integrated
transportation management solutions delivering safe, specialized
transportation services, announced today that it was again named to
the Fortune 500 list of America’s largest corporations by revenue.
With revenue of approximately $7.4 billion in fiscal year 2022,
another annual record for the company, Landstar landed at number
489 on the list.
“Landstar’s financial performance in 2022, coming off a
record-setting 2021 fiscal year, was truly outstanding, and helped
earn this prestigious ranking,” said Landstar President and CEO Jim
Gattoni. “The Company’s 2022 achievements speak to the strength and
resiliency of the Landstar network and the power of our unique
agent and capacity network to execute.”
Empowering the entrepreneurial drive of independent freight
agents and capacity has earned the trust of customers and created a
long history of financial success. Since its initial public
offering in March 1993, Landstar annual revenue has increased over
600% and the Company has achieved a total shareholder return
compound annual growth rate through May 18, 2023 of approximately
17%.
“Congratulations to everyone who contributes to Landstar’s
success each day. Making the Fortune 500 list is a team effort, and
we thank all of our independent agencies, owner-operators leased to
Landstar, approved third-party carriers, customers and employees
for all of their hard work and help in achieving this milestone
once again,” added Gattoni.
The Fortune 500 annual list, compiled and published by Fortune
magazine since 1955, ranks the largest U.S. companies by total
annual revenue for their respective fiscal years. For the complete
Fortune 500 list, visit www.fortune.com/fortune500.
About LandstarLandstar System, Inc., a Fortune
500 company, is a worldwide, technology-enabled, asset-light
provider of integrated transportation management solutions
delivering safe, specialized transportation services to a broad
range of customers utilizing a network of agents, third-party
capacity providers and employees. Landstar transportation services
companies are certified to ISO 9001:2015 quality management system
standards and RC14001:2015 environmental, health, safety and
security management system standards. Landstar System, Inc. is
headquartered in Jacksonville, Florida. Its common stock trades on
The NASDAQ Stock Market® under the symbol LSTR.
Contact:
Ginger Jewell
Landstar System, Inc.
(904) 390-1457
gjewell@landstar.com
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