Every material Form 8-K Landstar System filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Landstar System reported third-quarter 2026 revenue of $1.512 billion, up 25% from a year earlier, and earnings of $1.42 per share, up from $0.56. The prior-year figure included a $0.66 per share non-cash impairment charge, and the company said insurance and claim costs rose sharply in the quarter, to $55.3 million from $33.0 million. The company also declared a quarterly dividend of $0.44 per share.
Revenue was $1.512 billion, up 25%, with truck revenue up 29% to $1.407 billion.
EPS was $1.42 versus $0.56 a year earlier; the 2025 quarter included a $0.66 per share impairment charge.
Insurance and claims costs were $55.3 million, up from $33.0 million, including about $13.0 million of adverse reserve adjustments.
Quarterly dividend of $0.44 per share is payable December 8, 2026, to holders of record on November 17, 2026.
Landstar System reported second-quarter 2026 revenue of $1.432 billion and earnings per share of $1.44, both up from the 2025 second quarter. Higher insurance and claims expense, mainly from unfavorable development of prior years' claims, weighed on results, and the Board raised the quarterly dividend by 10%.
Revenue of $1.432 billion rose 18.2% from $1.211 billion; EPS of $1.44 rose 20.0% from $1.20.
Insurance and claims expense was $39.4 million in the second quarter, up from $30.4 million a year earlier.
Quarterly dividend raised to $0.44 per share from $0.40, payable September 9, 2026 to holders of record on August 18, 2026.
No shares were repurchased in the second quarter; $22.6 million was spent on buybacks in the first half of 2026, leaving 1,115,195 shares authorized.
On June 30, 2026, Landstar System and its subsidiary Landstar System Holdings entered into a Third Amended and Restated Credit Agreement with JPMorgan Chase Bank as administrative agent. The revolving credit facility is set at an initial $300 million, with a termination date of June 30, 2031, and no borrowings were outstanding under the agreement as of that date. The filing also sets covenant limits on additional debt and leases, and minimum interest coverage and maximum net leverage ratios tested each fiscal quarter.
Revolving credit facility with an initial aggregate principal amount of $300 million
Uncommitted accordion feature permits up to an additional $500 million in increases
Facility termination date set at June 30, 2031; no outstanding borrowings as of June 30, 2026
Event of default if a person or group acquires 35% or more of outstanding capital stock
Landstar System reported first-quarter 2026 revenue of $1.171 billion, up 2% from $1.153 billion a year earlier, and earnings per share of $1.16, up 36% from $0.85. The company said the prior-year quarter was reduced by about $0.10 per share from a supply chain fraud matter it had previously disclosed. For shareholders, the filing also shows continued capital return through $22.6 million of share repurchases and a declared quarterly dividend of $0.40 per share.
Revenue was $1.171 billion, up 1.6% from $1.153 billion; gross profit rose 14.5% to $112.5 million.
Net income was $39.4 million, or $1.16 per share, compared with $29.8 million, or $0.85 per share, in the first quarter of 2025.
Landstar repurchased 150,923 shares for $22.6 million in the quarter and declared a $0.40 quarterly dividend payable June 9, 2026.
The slide presentation said April 2026 truck revenue per load was about 13% above April 2025, while truck loads were approximately equal year over year.
Landstar System said its Vice President, General Counsel and Secretary, Michael K. Kneller, will resign on May 8, 2026 to join a law firm. The company named Vallie S. Dugas, currently Vice President and Assistant General Counsel, as interim successor effective the same day, so the legal leadership change is planned and filing does not indicate any financial effect.
Michael K. Kneller, an executive officer since 2005, resigns effective May 8, 2026 to join Scopelitis, Garvin, Light, Hanson & Feary, P.C.
Vallie S. Dugas becomes Interim Vice President, General Counsel and Secretary effective May 8, 2026.
The filing does not describe any change to financial results, guidance or compensation.
Landstar reported fourth-quarter 2025 revenue of $1,174.5 million, down from $1,209.3 million a year earlier, and EPS of $0.70 versus $1.31. Insurance and claims expense rose to $56 million from about $30 million, which the company said had a significant adverse impact on results. The board declared a $0.40 quarterly dividend, unchanged from the prior quarter's rate in the filing's figures, while earnings declined.
Revenue $1,174.5 million vs. $1,209.3 million; operating income $29.6 million vs. $57.8 million
EPS $0.70 vs. $1.31 in the 2024 fourth quarter
Insurance and claims of $56 million included $16.7 million ($0.37 per share) from three vehicular accidents and a $5.3 million ($0.12 per share) reserve increase
Quarterly dividend of $0.40 per share payable March 11, 2026, to holders of record as of February 18, 2026
Landstar preliminarily reported fourth-quarter 2025 total revenue of $1,174 million, down from $1,209 million a year earlier, and basic and diluted EPS of $0.70, down from $1.31. Insurance and claims costs of $56 million, including $22.0 million in discrete items, weighed heavily on results, and the full results are due January 28, 2026.
Q4 2025 total revenue of $1,174 million vs. $1,209 million in Q4 2024
Q4 2025 EPS of $0.70 vs. $1.31 in Q4 2024; operating income of $30 million
Insurance and claims costs of $56 million, including $22.0 million ($0.49 per share) of discrete items
Cabral Matter judgment on January 13, 2026 led to a $5.7 million pre-tax charge; the company intends to appeal
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Landstar System filing is on SEC EDGAR ↗. 8-K briefs of other companies →