Landstar Issues Updated Q1 Guidance for Earnings & Revenues

Landstar System, Inc. (LSTR) has updated its first-quarter 2025 guidance, citing issues related to truckload volume, truck revenue per load, variable contribution and insurance and claims expense. Additionally, a supply chain fraud case has come into the limelight, which is likely to affect LSTR’s earnings.Let’s delve deeper.Landstar witnessed a stronger than typical February with respect to the number of loads hauled via truck. This performance more than offset the softness experienced on loads hauled via ...