Landstar System Inc (NAS:LSTR)
$ 188.56 -3.05 (-1.59%) Market Cap: 6.66 Bil Enterprise Value: 6.36 Bil PE Ratio: 32.34 PB Ratio: 6.56 GF Score: 85/100

Landstar System Inc at KeyBanc Capital Markets Industrials and Basic Materials Conference (Virtual) Transcript

Jun 01, 2021 / 03:20PM GMT
Release Date Price: $169.48 (-0.60%)
Todd Clark Fowler
KeyBanc Capital Markets Inc., Research Division - MD & Equity Research Analyst

Well, great, and good morning, everyone. I think we're going to go ahead and get started with the 11:20 fireside chat that we have. I'm joined by Jim Gattoni, who is the President and CEO of Landstar System; as well as Jim Applegate, who's the Executive Vice President of Business Intelligence and Strategy at Landstar.

I was looking the other -- last week before we -- I was doing some preparation for the call here today. Jim took over as the CEO in January of 2015. Since that time, the stock is up 165%. I think that, that can be attributable to only one thing, and that's the hope for an infrastructure bill. Or it can be a good business model run by a good management team. So I appreciate both Jims taking the time to join us here today.

There is a link for anybody who has questions, should be below the presentation or the video screen, and you can go ahead and ping those to me, and we can work those in. But with that, we'll go ahead and get started.

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