Landstar System, Inc. Declares Special One-Time Cash Dividend, Payable on January 19, 2024
December 05, 2023 at 08:15 am EST
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Landstar System, Inc. announced that its board has declared a special one-time cash dividend in the amount of $2.00 per share, payable on January 19, 2024, to stockholders of record as of the close of business on January 3, 2024.
Landstar System, Inc. is a technology-enabled, asset-light provider of integrated transportation management solutions delivering specialized transportation services to a range of customers utilizing a network of agents, third-party capacity providers and employees. The Company operates through two segments. Transportation logistics segment provides a range of integrated transportation management solutions. Transportation services offered by the Company include truckload, less-than-truckload and other truck transportation, rail intermodal, air cargo, ocean cargo, expedited ground and air delivery of time-critical freight, heavy-haul/specialized, United States-Canada and United States-Mexico cross-border, intra-Mexico, intra-Canada, project cargo and customs brokerage. Insurance segment consists of Signature Insurance Company and Risk Management Claim Services, Inc. The insurance segment provides risk and claims management services to certain of Landstars Operating Subsidiaries.