Landstar Reports Strong April Yields Exceeding Seasonal Expectations
Landstar System (LSTR) reported first-quarter earnings per share of $1.16, surpassing both year-over-year and analyst expectations. The company noted significant yield growth, with total truck yield up 0.2% sequentially despite typical seasonal declines. The heavy-haul segment saw strong demand, while standard flatbed faced pressure.
Tickers: $LSTR
Topics: earnings flatbed loads heavy-haul demand revenue growth seasonality truck transportation yield trends