Landstar System (LSTR) Earnings call transcript analyses

Company name

Landstar System, Inc. (NASDAQ:LSTR) Q4 2024 Earnings Conference Call January 29, 2025 4:30 PM ET

Company Participants

Frank Lonegro – President and Chief Executive Officer
Jim Applegate – Vice President and Chief Corporate Sales Strategy and Specialized Freight Officer
Jim Todd – Vice President and Chief Financial Officer
Matt Dannegger – Vice President and Chief Field Sales Officer
Matt Miller – Vice President, Chief Safety and Operations Officer

Conference Call Participants

Scott Group – Wolfe Research
Jason Seidl – TD Cowen
Andrew Cox – Stifel

Operator

Good afternoon, and welcome to Landstar System Incorporated Year-End Earnings Release Conference Call. All lines will be in a listen-only mode until the formal question-and-answer session. Today’s call is being recorded. If you have any objections, you may disconnect at this time.

Joining us today from Landstar are Frank Lonegro, President and CEO; Jim Applegate, Vice President and Chief Corporate Sales Strategy and Specialized Freight Officer; Jim Todd, Vice President and CFO; Joe Beacom, President of Landstar System Holdings Incorporated; Matt Dannegger, Vice President and Chief Field Sales Officer; Matt Miller, Vice President and Chief Safety and Operations Officer.

Now I would like to turn the call over to Jim Todd. Sir, you may begin.

Jim Todd

Thank you, Arlene. Good afternoon, and welcome to Landstar’s 2024 fourth quarter earnings conference call. Before we begin, let me read the following statement. The following is a safe harbor statement under the Private Securities Litigation Reform Act of 1995. Statements made during this conference call that are not based on historical facts are forward-looking statements.

During this conference call, we may make statements that contain forward-looking information that relates to Landstar’s business objectives, plans, strategies and expectations. Such information is, by nature, subject to uncertainties and risks, including, but not limited to, the operational, financial and legal risks detailed in Landstar’s Form 10-K for the 2023