BNET Industries

Landstar System Inc.

(LSTR) is in the Transportation Industry

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

www.landstar.co...

(904) 398-9400

NAICS Code General Freight Trucking, Long-Distance, Truckload: 484121

Recent Events

  • Landstar System, Inc. Selects BravoSolution to Manage Complex RFP Processes

    4/28/09 - Licensing / Contract - View Story

  • Tough freight environment weighing on Landstar

    4/21/09 - Bond / Stock Rating - View Story

  • Landstars 1Q earnings fall 41%

    4/17/09 - Financial Announcement - View Story

  • Landstar System Q1 profit declines - update

    4/15/09 - Stock Split / Dividend - View Story

  • Landstar System 1Q profit sinks, misses views

    4/15/09 - Financial Announcement - View Story

  • Landstar System Reports Fourth Quarter Diluted Earnings Per Share of $0.47

    1/28/09 - Stock Split / Dividend - View Story

  • Landstar System Q4 net income down

    1/29/09 - Financial Announcement - View Story

News & Analysis

landstar system inc. - All News and Analysis

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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     LSTR $34.73 -1.23 (-3.42% )
Average Volume 647,434
Shares Outstanding 51.33M
Market Cap 1.8B
Year High 56.3
Year Low 27.21
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

Landstar System

CEO Rating

Henry H. Gerkens

President, CEO, and Director, Landstar and Landstar System Holdings

100% Approve

Employer Rating
“Dissatisfied” 2.0 3.0
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