Landstar System (LSTR) Makes Positive Comments

Landstar’s mid-quarter call signaled 2014 is off to a solid start despite the weather and described demand as “relatively strong” and the pricing environment as “very good”. Truck transportation volumes were up 2.7% and 2%, respectively, in January and February. Revenue per load was up a healthy 7% in February after advancing 2.8% in January.

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