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News Release

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Landstar to Participate in Raymond James' 28th Annual Institutional Investors Conference

JACKSONVILLE, Fla., Feb. 27 /PRNewswire-FirstCall/ -- Landstar System, Inc. (Nasdaq: LSTR), a safety-first non-asset-based provider of transportation capacity and logistics services, announced today its participation in Raymond James' 28th Annual Institutional Investors Conference at the Hyatt Regency Grand Cypress in Orlando, Florida. Landstar President and CEO Henry Gerkens and Landstar Vice President and Co-CFO Jim Gattoni will present an overview of the Company, including its variable cost non-asset-based business model, 2006 financial results and future outlook. Landstar's presentation begins at 11:35 a.m. on Tuesday, March 6th. It will be broadcast live via the Internet at www.landstar.com; click on Investors and then the webcast icon.

The Raymond James presentation will be available on Landstar's website through Tuesday, March 13th. For more information about the presentation or webcast, please contact Landstar's Investor Relations Department at 904-390- 1530 or email staylor@landstar.com.

About Landstar:

Landstar System, Inc. delivers safe, specialized transportation 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 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's global logistics group, which is comprised of Landstar Global Logistics, Inc. and its subsidiaries Landstar Express America, Inc. and Landstar Logistics, Inc., provides international and domestic multimodal (over-the-road, air, ocean and rail) transportation, expedited, 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.

CONTACT:
Jim Gattoni
of Landstar System, Inc.
1-904-398-9400
Web site: http://www.landstar.com