About Landstar
Landstar is a company based in Jacksonville (United States) founded in 1988.. The company has 1,440 employees as of December 31, 2024. Landstar has completed 3 acquisitions, including ARALOC, Data443 and N8ID. Landstar offers products and services including Transportation Management Solutions, Agent Network Services, and Owner-Operator Leasing. Landstar operates in a competitive market with competitors including Worldwide Express, PS Logistics, DACHSER, RoadOne and Marten Transport, among others.
- Headquarter Jacksonville, United States
- Employees 1440 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Landstar System, Inc.
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Annual Revenue
$4.82 B-9.13as on Dec 31, 2024
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Net Profit
$195.95 M-25.89as on Dec 31, 2024
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EBITDA
$290.84 M-25.84as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
1440
as on Dec 31, 2024
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Investments & Acquisitions
ARALOC
& 2 more
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IPO & Listings of Landstar
Landstar is a publicly listed company on the NASDAQ with ticker symbol LSTR in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Landstar
Landstar offers a comprehensive portfolio of products and services, including Transportation Management Solutions, Agent Network Services, and Owner-Operator Leasing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for integrated freight and shipping management services.
Services connecting agents and carriers for customized logistics.
Leasing program for independent operators in freight delivery.
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Sales and Marketing
45 people
Software Development Team
44 people
Leadership Team
35 people
Logistics Team
34 people
Operations Team
29 people
Freight Team
15 people
Agent Team
11 people
Senior Team
11 people
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Funding Insights of Landstar
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 1991 | Amount | Unspecified - Landstar | Valuation | Kelso & Company |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Landstar
Landstar has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Kelso & Company. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Landstar
Landstar has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ARALOC, Data443 and N8ID. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Employee communication and meeting management platforms are offered by ARALOC.
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2004 | ||||
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Cloud-based identity and access management solutions are provided.
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2000 | ||||
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Cloud-based data security solutions are provided for compliance management.
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Landstar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Landstar Comparisons
Competitors of Landstar
Landstar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Worldwide Express, PS Logistics, DACHSER, RoadOne and Marten Transport, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Road freight services including parcels, LTL, and FTL are provided.
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| domain | founded_year | HQ Location |
Provider of truck transport services
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| domain | founded_year | HQ Location |
Road transportation services are provided by DACHSER across multiple regions.
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| domain | founded_year | HQ Location |
Provider of road transportation and related logistics
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| domain | founded_year | HQ Location |
Temperature-sensitive truckload carrier
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Landstar
Frequently Asked Questions about Landstar
When was Landstar founded?
Landstar was founded in 1988 and raised its 1st funding round 3 years after it was founded.
Where is Landstar located?
Landstar is headquartered in Jacksonville, United States.
How many employees does Landstar have?
As of Dec 31, 2024, the latest employee count at Landstar is 1,440.
What is the annual revenue of Landstar?
Annual revenue of Landstar is $4.82B as on Dec 31, 2024.
What does Landstar do?
Landstar was established in 1988 in Jacksonville, United States, as a third-party logistics provider. Operations are supported by over 1,100 agents, 9,000 leased owner-operators, 14,000 trailers, and 44,000 approved capacity providers. Services encompass LTL and FTL freight, warehousing, distribution, international freight forwarding, and customs brokerage. In 2022, revenues reached 7.44 billion with net profit at 0.43 billion.
Who are the top competitors of Landstar?
Landstar's top competitors include Worldwide Express, XPO Logistics and Marten Transport.
What products or services does Landstar offer?
Landstar offers Transportation Management Solutions, Agent Network Services, and Owner-Operator Leasing.
Is Landstar publicly traded?
Yes, Landstar is publicly traded on NASDAQ under the ticker symbol LSTR.
How many acquisitions has Landstar made?
Who are Landstar's investors?
Landstar has 1 investor. Key investors include Kelso & Company.
What is Landstar's ticker symbol?
The ticker symbol of Landstar is LSTR on NASDAQ.
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