Landstar System, Inc. (LSTR) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon and welcome to Landstar System Incorporated second quarter earnings release conference call. All lines will be in 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 Landstar are Franklin Negro, President and CEO, Jim Applegate, Vice President and Chief Corporate Sales Strategy and Specialized Riot Officer, Jim Todd, Vice President and CFO, Matt Daniger, Vice President and Chief Field Sales Officer. Matt Miller, Vice President and Chief Safety and Operations Officer. Now, I would like to turn the call over to Mr. Jim Todd. Sir, you may begin. Thank you, Bill. Good afternoon and welcome to Landstar's 2025 Second 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 or 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, Landstar's Form 10-Q for the 2025 first quarter, and our 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 Landst...