Landstar System Q2 2025 Earnings Report

Landstar System, Inc. reported its second quarter 2025 financial results, with revenue of $1.211 billion and earnings per share (EPS) of $1.20. The company highlighted a 3.2% sequential increase in truck revenue per load, outperforming typical seasonality. The net BCO truck count remained essentially flat sequentially, marking the best performance since Q2 2022. Landstar continued its capital return program, purchasing 300,141 shares of its common stock at an aggregate cost of $42.4 million during the quarter. The company also declared a quarterly dividend of $0.40 per share. Despite a challenging freight transportation environment, Landstar's network of BCOs, agents, and employees remained focused on safety, security, and customer service.