Business ModelLandstar's unique BCO and agent structure supports a highly variable cost base and a model that generates significant cash flow.
Share RepurchaseLandstar has repurchased approximately 121,000 shares for $22.4 million, contributing to a year-to-date total of $78.7 million in share buybacks.
Shareholder ReturnsLandstar has returned around $186.5 million to shareholders year-to-date, marking a 54.5% increase compared to the previous year.