JACKSONVILLE, Fla., March 5 /PRNewswire-FirstCall/ -- Landstar System,
Inc., (Nasdaq: LSTR) a safety-first non-asset based provider of transportation
and logistics services, announced its selection to Fortune magazine's 2008
list of "America's Most Admired Companies." The recognition marks Landstar's
fifth consecutive year on the list of rankings acknowledging corporate
excellence. Landstar ranked third among companies in its industry.
"We're honored to be chosen once again as one of America's Most Admired
Companies," said Landstar President and CEO Henry Gerkens. "The recognition is
a direct reflection of the contributions made by Landstar independent sales
agents, third-party capacity providers and employees."
Now in its 26th year, the selection of America's Most Admired Companies by
Fortune and its consulting partner, the Hay Group, is based on the revenue of
the 1,000 largest U.S. companies and the top foreign companies operating in
the U.S. The companies are sorted and the 10 largest companies in each
industry are selected. Executives, directors and financial analysts are then
asked to rate companies in each industry on eight criteria, ranging from
innovation to quality of products/services. According to Fortune, "the Most
Admired list is the definitive report on corporate reputations."
Fortune's special report on America's Most Admired Companies appears in
the March 17, 2008 issue. The complete list can also be found on
www.money.cnn.com/magazines/fortune/rankings.
About Landstar:
Landstar System, Inc. delivers safe, specialized transportation and
logistics services to a broad range of customers worldwide. The Company
identifies and fulfills shippers' needs through the coordination of individual
businesses comprised of independent sales agents and third-party
transportation capacity providers. Landstar's carrier group, which is
comprised of Landstar Express America, Inc., Landstar Gemini, Inc., Landstar
Inway, Inc., Landstar Ligon, Inc., Landstar Ranger, Inc. and Landstar Carrier
Services, Inc., delivers excellence in complete over-the-road transportation
services. Landstar Global Logistics, Inc. is a third party logistics company,
providing international and domestic multimodal (over-the-road, air, ocean and
rail) transportation, contract logistics and warehousing services. All
Landstar operating companies are certified to ISO 9001:2000 quality management
system standards. Landstar System, Inc. is headquartered in Jacksonville,
Florida. Its common stock trades on The NASDAQ Stock Market(R) under the
symbol LSTR.
SOURCE Landstar System, Inc.
03/05/2008
CONTACT:
Ginger Whitcher, Landstar System, Inc., +1-904-390-1457
Web site: http://www.landstar.com
http://www.money.cnn.com/magazines/fortune/rankings
Stock Overview
