Landstar System Inc (NAS:LSTR)
$ 175.08 -1.18 (-0.67%) Market Cap: 6.23 Bil Enterprise Value: 5.82 Bil PE Ratio: 30.23 PB Ratio: 6.13 GF Score: 85/100

Landstar System Inc at Stifel Transportation & Logistics Conference Transcript

Feb 12, 2019 / 04:05PM GMT
Release Date Price: $106.25 (+1.82%)
Unidentified Analyst

All right. Well, this is a logistics conference so we're going to do our best to keep things on time here. Next up, we've got Landstar. Joining us from Landstar is CEO, Jim Gattoni. Landstar is a $4 billion-plus market cap, asset-light, trucking and transportation services provider. Jim's going to walk us through a little bit about the company, and then we're going to have maybe about 10 to 15 minutes at the end for your questions. So without further ado, please take it away.

James B. Gattoni
Landstar System, Inc. - President, CEO & Director

Thank you. So you want 10 or 15 minutes at the end because I'd probably end up like a 50-minute presentation. Now just what I want to cover this morning real briefly to see if I can get through this in 15 minutes. I'm originally from the northeast so I talk fast, so we might be able to get this done. The areas I want to cover talk about Landstar's network and basically the business model, talk about the agents and the small business owners that we support, go into our model and how it kind of works in any

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