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Recent Updates — LSTR

July 23, 2026View Source ↗

Landstar System, Inc. announced several leadership transitions, including the appointment of William Clement as Chief Commercial Officer, effective August 1, 2026. Jim Applegate will transition to Chief Strategy & Transformation Officer on the same date, and Matthew Dannegger will become Special Advisor to the CEO effective July 31, 2026, prior to his retirement in March 2027. Landstar System, Inc. is a technology-enabled, asset-light provider of integrated transportation management solutions.

July 6, 2026View Source ↗

On June 30, 2026, Landstar System, Inc. and its subsidiary Landstar System Holdings, Inc. entered into a Third Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent. The agreement provides for a $300 million revolving credit facility with an uncommitted accordion feature allowing for up to $500 million in additional increases. The facility has a termination date of June 30, 2031. Landstar System, Inc. is a logistics and transportation services company.