Landstar System, Inc. (LSTR) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Lundstar System Incorporated's first quarter earnings release conference call. All lines will be on a listen-only mode until the formal question and answer session. Today's call is being recorded. If you have any objections, you may disconnect at this time. Joining us today from Lundstar are Franklin Negro, President and CEO, Jim Applegate, Vice President and Chief Corporate Sales Strategy and Specialized Freight Officer, Jim Tadd, Vice President and CFO, Matt Daniger, Vice President and Chief Field Sales Officer. Matt Miller, Vice President and Chief Safety Officer. Now I'd like to turn the call over to Mr. Jim Todd. Thank you, sir, and you may begin. Thank you, El. Good morning, and welcome to Landstar's 2025 First 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 for the 2024 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 under reliance on such forward-looking information, and Lansar undertakes no obligation to publicly update or revise any f...