Landstar Markets Mexican Subsidiary for Sale After Mixed Quarterly Results
Landstar System, Inc. (NASDAQ:LSTR) is one of the 13 Best Freight Stocks to Invest in Now.
The company announced marketing a subsidiary for sale following mixed results in the second quarter of 2025.
On July 29, 2025, Landstar System, Inc. (NASDAQ:LSTR) reported Basic and Diluted EPS of $1.20 in the 2025 second quarter on revenue of $1.211 billion. Though the overall revenue had declined by 1%, the Truck revenue has seen the first year-over-year growth since Q3 of 2022. Heavy haul revenue also had an increase of 9% year-over-year. The company also reported repurchasing $103 million in shares during the first half of 2025.
The declines in ocean and intermodal revenue and the increase in insurance and claim costs that reached up to 6.6% of BCO revenue contributed to the company’s mixed second quarter of 2025. Later, on August 11, 2025, Landstar System, Inc. (NASDAQ:LSTR) announced the active marketing of its Mexican subsidiary, Landstar Metro, for sale. Part of its annual strategic review, the sales aim to cut off the non-performing assets and relocate the capital.
Insider Monkey database noted 29 hedge funds invested in the company, with a low upside potential of 3.35% on the stock.
Florida-based company, Landstar System, Inc. (NASDAQ:LSTR), is a leading provider of integrated transportation management solutions. Founded in 1968, the company operates as a unique business model, using a network of independent agents and third-party capacity providers instead of a traditional employee-based fleet.
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