BNET Industries
Market Cap:$1.8B
Last Fiscal Year Sales:$2.6B
- Public
- US
Dow Jones Description
Transportation & Logistics Services
President, Carrier GroupPat O'Malley
Number of Employees 1,317
Contact Information
13410 Sutton Park Dr S
Jacksonville, Florida 32224-5270
(904) 398-9400
Peer Companies
NAICS Code General Freight Trucking, Long-Distance, Truckload: 484121
Recent Events
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Landstar System, Inc. Selects BravoSolution to Manage Complex RFP Processes
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Tough freight environment weighing on Landstar
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Landstars 1Q earnings fall 41%
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Landstar System Q1 profit declines - update
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Landstar System 1Q profit sinks, misses views
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Landstar System Reports Fourth Quarter Diluted Earnings Per Share of $0.47
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Landstar System Q4 net income down
News & Analysis
Filter by
landstar system inc. - All News and Analysis
Landstar System, Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Christopher Ceraso – Credit Suisse. Christopher Ceraso – Credit Suisse Just a couple of questions, I don’t know if you’ve given this before but can you give us a breakdown at the gross margin level between the...
Landstar System, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator instructions Our first question will come from Edward Wolfe of Wolfe Research. Henry Gerkens Ed, how are you? Ed, are you there? Hello? Operator His line is open, sir. Do you want me to go ahead and move to the next person? Henry Gerkens...
Landstar Systems, Inc. Mid-Quarter Call Transcript
Earnings Call ExcerptLandstar Systems, Inc. LSTR Q4 2008 Mid-Quarter Call December 5, 2008 2:00 pm ET Executives Henry Gerkens – President & CEO James Gattoni – VP & CFO Presentation Operator Good afternoon and welcome to Landstar System Inc. fourth quarter mid-quarter 2008 conference call. Operator Instructions...
Analyst Reports for Columbia Sportswear Company, Landstar System Inc., Ithaca Energy Inc. and Hathor Exploration Limited
MaybachFinancial.com is one of the fastest growing independent and unbiased research firms in the world. Through our numerous partnerships with many of the top investment minds in the world, we provide research on companies making a move in the markets. Investors seeking genuine analyst opinions on their investments for Columbia...
Landstar System, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Justin Yagerman – Wachovia Securities. Justin Yagerman – Wachovia Securities The first question is pertaining to the guidance. Henry didn't mention, is all the disaster relief work that you guys are doing over with and does that guidance include any...
Ten Trucking Stocks
Stockerblog submits: With the price of oil dropping, investors are looking at the sectors and industries with high fuel exposure that may benefit from the reduction in oil prices. One of those industries is the trucking industry. Here is a selection of the trucking stocks with market caps over...
Landstar System, Inc. F3Q08 Business Update Call Transcript
Earnings Call ExcerptLandstar System, Inc. LSTR F3Q08 Business Update Call August 25, 2008 1:00 pm ET Executives Henry H. Gerkens - President, Chief Executive Officer and Director James B. Gattoni - Chief Financial Officer, Vice President Presentation Operator Welcome to Landstar System, Inc.’s third mid-quarter 2008 conference call. ...
Railway Stocks Haul Transportation ETF to Solid Returns
Don Dion submits: iShares Dow Jones Transport ETF IYT was up 14.5% year to date on Aug. 15—more than the fund returned during each of the last three calendar years, and among the top 25 of all 800-plus ETFs tracked by Morningstar. IYT invests in just 21...
Landstar System, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Justin Yagerman - Wachovia Capital Markets. Justin Yagerman - Wachovia Capital Markets My first question is looking at the quarter as a whole, I would be very curious to find out how much of the quarter was...
Landstar Q2 2008 Mid-Quarter Call Transcript
Earnings Call ExcerptLandstar System, Inc. LSTR Q2 2008 Mid-Quarter Call May 16, 2008 2:00 pm ET Executives Henry H. Gerkens - President, Chief Executive Officer, Director James B. Gattoni - Chief Financial Officer, Vice President Presentation Operator Good afternoon and welcome to Landstar System Inc.’s second mid-quarter 2008 earning...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Pat O'Malley | President, Carrier Group |
| Jim B. Gattoni | CFO & Vice President |
| Joe Beacom | Vice President & Chief Compliance & Security & Safety Officer |
| Donna Mellion | Vice President, Corp Communications |
| Jeff L Pundt | Vice President, Business Dev |
| Michael K. Kneller | General Counsel, Secretary & Vice President |
| Patty McMenamin | Vice President, Corp Comm |
| Charles Smith | Owner, Operator |
| Ginger Whitcher | Manager, Corp Comm |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| David G. Bannister | Chair |
| Diana M. Murphy | Board of Directors |
| Michael Henning | Board of Directors |
| Ronald W. Drucker | Board of Directors |
| William S. Elston | Board of Directors |
Patrick O’Malley serves as the President of the Landstar Carrier Group. He is responsible for the complete operation of five wholly-owned subsidiaries of Landstar System, Inc.: Landstar Gemini, Inc., Landstar Inway, Inc., Landstar Ligon, Inc., Landstar Ranger, Inc. and Landstar Express America, Inc. The Landstar Carrier Group provides complete truckload transportation services to shippers throughout North America. Mr. O’Malley joined Landstar in 1985 as an Operations Coordinator and has held various administrative positions throughout his career including Director of Fleet Management, Landstar Vice President of Safety and most recently Carrier Group Executive Vice President of Operations. He holds a Bachelor of Arts degree from the University of Northern Iowa. He lives in Ponte Vedra Beach, Florida, with his wife Doreen. They have two grown children.
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | President, Carrier Group | Current |
| Organization | Position | Status |
|---|---|---|
| Landstar Global Logistics, Inc | Vice President and Chief Financial Officer | Current |
| Landstar System, Inc. | CFO & Vice President | Current |
| KPMG International | senior audit manager | Former |
| Landstar System, Inc. | Vice President & Controller | Former |
| Ramapo College of New Jersey | Certified Public Accountant | Former |
| Ramapo College of New Jersey | Bachelor's Degree In Accounting | Former |
| Landstar System, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | Vice President & Chief Compliance & Security & Safety Officer | Current |
| Landstar Logistics, Inc. | Vice President & Chief Compliance, Security & Safety Officer | Current |
| Landstar Global Logistics, Inc | Vice President & Chief Compliance, Security & Safety Officer | Current |
| Landstar Inway, Inc. | Senior Director, Operations | Current |
| Landstar System, Inc. | Safety Officer | Former |
| Iowa State University | Bachelor of Science Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | Vice President, Corp Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | Vice President, Business Dev | Current |
| Landstar Ranger, Inc. | Former |
Michael Kneller serves as Vice President, General Counsel and Secretary for Landstar. He is responsible for all of the company’s legal matters as well as Human Resources and Corporate Communications. Mr. Kneller earned his undergraduate degree from Yale University and his law degree from Stanford University. He is a member of the American Bar Association and the New York State Bar Association. Prior to launching his career with Landstar in 2005, he served as a corporate attorney at the New York law firm of Debevoise & Plimpton LLP. Mr. Kneller and his wife, Andrea, live in Jacksonville, Florida.
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | General Counsel, Secretary & Vice President | Current |
| Landstar Global Logistics, Inc | Vice President, General Counsel and Secretary | Current |
| Landstar Global Logistics, Inc | General Counsel | Current |
| New York State Bar Association | Board of Directors | Current |
| Landstar Global Logistics, Inc | Secretary | Current |
| Debevoise & Plimpton Llp | Corporate Attorney | Former |
| Stanford University | Law degree | Former |
| Yale University | Undergraduate Degree | Former |
| Stanford University | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | Vice President, Corp Comm | Current |
Charles Smith is our on site supervisor. Charlie supervises any of our projects that require a supervisor on site to manage the loading or unloading of our trucks and/or to assist the customer it make-ready of the site for deliveries. Charlie has 20 years experience as an Owner/Operator and maintains an outstanding safety rating with DOT and Landstar System, Inc.. Charlie is also a retired Master Sergeant for the US Air Force after 20 years of service to our country.
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | Owner, Operator | Current |
| United States Air Force | Master Sergeant | Current |
| Owens Leasing, Inc | Site Supervisor | Current |
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | Manager, Corp Comm | Current |
David Bannister is executive vice president, chief administrative officer and head of strategic development of FTI and is based in the West Palm Beach office. He is a member of the executive committee, is responsible for all executive staff functions and works with FTI’s practice leaders on strategic growth opportunities including acquisitions. Mr. Bannister has more than 25 years of experience serving clients in the financial services, transportation, industrial manufacturing, automotive and consumer/specialty retail industries. Prior to joining FTI, Mr. Bannister was a general partner in the traditional industries group of Grotech Capital Group, a $1 billion venture capital/merchant banking firm. In that position Mr. Bannister participated in all phases of private equity investing, including identification of investments, financing, operation improvement and harvesting. In all investments, he served as the lead director, working with key executives in strategy formulation, management team building, financing activities and overall stewardship of the companies. He typically chaired the compensation and audit committees. Grotech was the lead investor in FTI’s initial funding. Prior to his tenure at Grotech, Mr. Bannister was a managing director in investment banking with Alex. Brown and Sons. Among his responsibilities, he led the merchant banking operations and several key industry groups, including industrial technologies, transportation, consumer and environmental services. He led the banking team in more than 50 public offerings, raising over $3 billion; led negotiations in approximately 30 merger and acquisition transactions with a dollar value of more than $5 billion; and led the restructuring of approximately 10 significant distressed companies. Mr. Bannister currently serves as board member and chair of the audit committee of Landstar System, Inc., a $3 billion transportation services company. In the past he has served on numerous corporate boards including Allied Holdings, Inc., Trivirix International, Simon Delivers and Phoenix Services as well as chairing the board of the Jemicy School, a nonprofit, independent school serving children with dyslexia. Mr. Bannister received an M.B.A. from the University of North Carolina at Chapel Hill, where he was a Business Foundation Fellow, and a B.A. with honors in history from Stetson University. He also completed postgraduate work in economics and history at the Johns Hopkins University. Mr. Bannister is certified public accountant.
| Organization | Position | Status |
|---|---|---|
| FTI Consulting, Inc. | Executive Vice President and Chief Development Officer | Current |
| Lexecon | Executive Vice Presidentstrategic Development | Current |
| Grotech Capital Group, Inc. | Managing Director | Current |
| FTI Consulting, Inc. | Head of Strategic Development | Current |
| Landstar System, Inc. | Chair | Current |
| SimonDelivers, Inc. | Board of Directors | Current |
| Grotech Capital Group, Inc. | General Partner | Former |
| The University of North Carolina at Chapel Hill | M.B.A. | Former |
| Stetson University | B.A. With Honors In History | Former |
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Landstar System, Inc. | Board of Directors | Current |
| Steelcase Inc. | Executive Vice President of Operations | Former |
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