Landstar System, Inc. Provides Revenue Guidance for the First Quarter of 2022
January 26, 2022 at 09:15 pm
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Landstar System, Inc. provided revenue guidance for the first quarter of 2022. For the period, the company anticipates revenue for the 2022 first quarter to be in a range of $1.70 billion to $1.75 billion. Diluted earnings per share is anticipated to be in a range of $2.70 to $2.80 in the 2022 first quarter.
Landstar System, Inc. is a technology-enabled, asset-light provider of integrated transportation management solutions delivering specialized transportation services to a range of customers utilizing a network of agents, third-party capacity providers and employees. The Company operates through two segments. Transportation logistics segment provides a range of integrated transportation management solutions. Transportation services offered by the Company include truckload, less-than-truckload and other truck transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, United States-Canada and United States-Mexico cross-border, intra-Mexico, intra-Canada, project cargo and customs brokerage. Insurance segment consists of Signature Insurance Company and Risk Management Claim Services, Inc. The insurance segment provides risk and claims management services to certain of Landstars Operating Subsidiaries.