Q3 2024 Landstar System Inc Earnings Call

In This Article:

Participants

James Todd; Chief Financial Officer, Vice President; Landstar System Inc

Frank Lonegro; President, Chief Executive Officer, Director; Landstar System Inc

Joseph Beacom; Vice President, Chief Safety and Operations Officer; Landstar System Inc

Jim Applegate; Vice President and Chief Corporate Sales, Strategy and Specialized Freight Officer; Landstar System Inc

Matthew Dannegger; Chief Field Sales Officer; Landstar System Inc

Brian Ossenbeck; Analyst; JP Morgan

Tom Wadewitz; Analyst; UBS Investment Bank

Jordan Alliger; Analyst; Goldman Sachs

John Chappell; Analyst; Evercore ISI

Scott Group; Analyst; Wolf research

Daniel Imbro; Analyst; Stephens, Inc.

Elliot Alper; Analyst; TD Cowen

Stephanie Moore; Analyst; Jefferies

David Hicks; Analyst; Raymond James Financial.

Presentation

Operator

Good afternoon, and welcome to Landstar Systems Inc Third-Quarter Earnings Release Conference Call. (Operator Instructions) Today's call is being recorded. If you have any objections, you may disconnect at this time.
Joining us today from Landstar are Frank Lonegro, President and CEO; Jim Todd, Vice President and CFO; Joe Beacom, Vice President and Chief Safety and Operations Officer; Jim Applegate, Vice President and Chief Corporate Sales, Strategy and Specialized Freight Officer; and Matt Dannegger, Vice President and Chief Field Sales Officer.
Now I would like to turn the call over to Mr. Frank Lonegro. Sir, you may begin.

James Todd

Thank you, Bill. Good afternoon, and welcome to Landstar's 2024 Third Quarter Earnings Conference Call. Before we begin, let me read the following statement. The following is a safe harbor statement under the Private Securities Litigation Reform Act of 1995. Statements made during this conference call that are not based on historical facts are forward-looking statements.
During this conference call, we may make statements that contain forward-looking information that relates to Landstar's business objectives, plans, strategies and expectations. Such information is by nature subject to uncertainties and risks, including, but not limited to, the operational, financial and legal risks detailed in Landstar's Form 10-K from the 2023 fiscal year described in the section Risk Factors and other SEC filings from time to time.
These risks and uncertainties could cause actual results or events to differ materially from historical results or those anticipated. Investors should not place undue reliance on such forward-looking information, and Landstar undertakes no obligation to publicly update or revise any forward-looking information. I'll now pass it to Landstar's CEO, Frank Lonegro, for his opening remarks.

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