Landstar System Inc at Stephens NASH Investment Conference (Virtual) Transcript
Okay. Good morning, everyone, and thank you again for joining us here for our day 3 of our Virtual Investment Conference. I'm Jack Atkins with Stephens, Inc. I'm the airfreight and service transportation analyst here. And one of my responsibilities is covering Landstar, Landstar System, and that's -- they've been doing that now for almost 10 years, and it's been great to do. It's a phenomenal company, a great track record of adding shareholder value and growth.
And for those of you who don't know the company, they're headquartered in Jacksonville, Florida. They really have a differentiated business model than I think most other folks in the sector. And people really, in my mind, don't fully understand sort of everything these guys bring to the table and how their model works at different points of the cycle. But it's been highly successful, very high returns on invested capital, great balance sheet.
And so we've got Jim Gattoni, Landstar's CEO. And I guess he's also temporarily wearing the CFO cap here as well. So
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