Landstar System Inc

LSTR: XNAS (USA)
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Landstar Earnings: Economic Fallout From Tariffs Will Likely Delay TL Demand Rebound

Truck brokerage specialist Landstar’s first-quarter gross revenue fell 2% year over year on the continued soft pricing and demand backdrop across the truckload shipping landscape. Net revenue fell 4% on gross margin (net revenue/gross revenue) deterioration, driven mostly by mix.

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