Form 8-K

8-K — LANDSTAR SYSTEM INC

Accession: 0001193125-26-434270

Filed: 2026-10-27

Period: 2026-10-27

CIK: 0000853816

SIC: 4213 (TRUCKING (NO LOCAL))

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — d176512d8k.htm (Primary)

EX-99.1 (d176512dex991.htm)

EX-99.2 (d176512dex992.htm)

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8-K

8-K (Primary)

Filename: d176512d8k.htm · Sequence: 1

8-K

LANDSTAR SYSTEM INC 021-238 false 0000853816 0000853816 2026-10-27 2026-10-27

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) October 27, 2026

LANDSTAR SYSTEM, INC.

(Exact name of registrant as specified in its charter)

Delaware

021238

06-1313069

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification No.)

13410 Sutton Park Drive South, Jacksonville, Florida

32224

(Address of principal executive offices)

(Zip Code)

(904) 398-9400

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

Common Stock

LSTR

NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02

Results of Operations and Financial Condition

On October 27, 2026, Landstar System, Inc. (“Landstar” or the “Company”) issued a press release announcing results for the thirteen-week period ended September 26, 2026 (the third quarter of fiscal 2026). A copy of the press release is attached hereto as Exhibit 99.1.

The information contained in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.2 hereto, concerning the presentation to Landstar investors is hereby incorporated into this Item 2.02 by reference.

The information furnished under Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.

Item 7.01

Regulation FD Disclosure

A slide presentation, dated October 27, 2026, is attached hereto as Exhibit 99.2 and is incorporated herein by reference. The slide presentation provides information that may be referred to by the Company on its conference call with investors scheduled to occur on October 27, 2026 in connection with the Company’s release of results for the third quarter of fiscal 2026.

The information furnished under Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.2 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.

Item 9.01

Financial Statements and Exhibits

Exhibits

99.1

Press Release, dated October 27, 2026, of Landstar System, Inc.

99.2

Slide Presentation, dated October 27, 2026, of Landstar System, Inc.

104

Inline XBRL for the cover page of this Current Report on Form 8-K

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

LANDSTAR SYSTEM, INC.

Date: October 27, 2026

By:

/s/ James P. Todd

Name:

James P. Todd

Title:

Vice President, Chief Financial Officer and Assistant Secretary

EX-99.1

Filename: d176512dex991.htm · Sequence: 2

EX-99.1

Exhibit 99.1

For Immediate Release

October 27, 2026

LANDSTAR SYSTEM REPORTS THIRD QUARTER

REVENUE OF $1.512B AND EARNINGS PER SHARE OF $1.42

Jacksonville, FL - Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported its financial results for the

2026 third quarter. The Company reported total revenue of $1.512 billion in the 2026 third quarter, an increase of 25% as compared to revenue of $1.205 billion in the 2025 third quarter, and basic and diluted earnings per share

(“EPS”) of $1.42 in the 2026 third quarter, an increase of 154% as compared to EPS of $0.56 in the 2025 third quarter. It should be noted that EPS in the 2025 third quarter was negatively impacted by

non-cash impairment charges of $30.1 million, or $0.66 per share, related to the previously disclosed strategic review of operations conducted during the 2025 third quarter, and, as further described

below, the 2026 third quarter EPS was negatively impacted by highly elevated insurance and claim costs. The Company also reported a 14% increase in gross profit and a 25% increase in variable contribution (defined as revenue less the cost of

purchased transportation and commissions to agents) in the 2026 third quarter, as compared in each case to the 2025 third quarter.

“The Landstar

team of independent business owners and employees excelled in a freight transportation backdrop that continues to improve. Our network generated truck revenue of $1.407 billion, an increase of 29% compared to the 2025 third quarter, with

revenue generated via van and unsided/platform equipment each increasing over 30% compared to the 2025 third quarter,” said Landstar President and Chief Executive Officer Frank Lonegro. “In addition, I was highly encouraged to see our

net 165 Business Capacity Owner (BCO) truck additions during the third quarter, the strongest quarterly improvement since the third quarter of 2021. We are continuing to deliver safety, security and service for our customers, and our BCOs achieved a

5% year-over-year improvement in DOT accident frequency. Even so, we are not immune to the challenges of the insurance and claims inflation prevalent in our industry.”

LANDSTAR SYSTEM/2

3Q 2026

3Q 2025

Change ($)

Change (%)

Revenue

1,511,787

1,205,406

306,381

25.4

Gross profit

126,547

111,060

15,487

13.9

Variable contribution

212,066

170,241

41,825

24.6

Operating income

65,540

26,326

39,214

149.0

Basic and diluted earnings per share (“EPS”)

1.42

0.56

0.86

153.6

(1)

Dollars above in thousands, except per share amounts.

(2)

Please refer to the Consolidated Statements of Income and the Reconciliation of Gross Profit to Variable

Contribution included below.

(3)

Operating income and EPS during the 2025 third quarter were negatively impacted by $30.1 million and

$0.66, respectively, as a result of non-cash impairment charges.

Third quarter 2026 EPS

reflected highly elevated insurance and claim costs of $55.3 million, an increase from $33.0 million of insurance and claim costs reported during the 2025 third quarter. The following items are reflected in insurance and claims for the

2026 third quarter:

•

Approximately $13.0 million, or $0.29 per share, of adverse actuarial adjustments to insurance and claim

reserves.

•

$8.0 million, or $0.18 per share, of prior year development attributable to settlements of a 2024 brokered

truck accident claim and a 2025 BCO accident.

During the 2026 third quarter, truck revenue was $1,407 million, an increase of 29%,

as compared to the 2025 third quarter truck revenue of $1,090 million. Truck revenue per load increased approximately 25% in the 2026 third quarter compared to the 2025 third quarter, and the number of loads hauled via truck increased

approximately 3% compared to the 2025 third quarter.

Truck transportation revenue hauled by independent business capacity owners (“BCOs”) and

truck brokerage carriers in the 2026 third quarter was 93% of revenue, compared to 90% of revenue in the 2025 third quarter. Truckload transportation revenue hauled via van equipment in the 2026 third quarter was $760 million, compared to

$583 million in the 2025 third quarter. Truckload transportation revenue hauled via unsided/platform equipment in the 2026 third quarter was $519 million, compared to $386 million in the 2025 third quarter. Revenue from other truck

transportation, which is largely related to power-only services, in the 2026 third quarter was $104 million, compared to $96 million in the 2025 third quarter. Revenue hauled by rail, air and ocean cargo carriers was $83 million,

or 5% of revenue, in the 2026 third quarter, compared to $96 million, or 8% of revenue, in the 2025 third quarter.

LANDSTAR SYSTEM/3

Gross profit in the 2026 third quarter was $127 million, as compared to $111 million in the 2025

third quarter. Variable contribution in the 2026 third quarter was $212 million, compared to $170 million in the 2025 third quarter. Reconciliations of gross profit to variable contribution and gross profit margin to variable contribution

margin for the 2026 and 2025 third quarters and year-to-date periods are provided in the Company’s accompanying financial disclosures.

Landstar continues to return capital to stockholders through the Company’s share purchase program and dividends. During the 2026 third quarter,

Landstar purchased 232,645 shares of its common stock at an aggregate cost of $41.4 million, bringing the total number of common shares purchased during the year-to-date period ended September 26, 2026 to 383,568 shares at an aggregate

cost of approximately $64.0 million. The Company is currently authorized to purchase up to an additional 882,550 shares of the Company’s common stock under its longstanding share purchase program. Landstar also announced today that its

Board of Directors declared a quarterly dividend of $0.44 per share payable on December 8, 2026, to stockholders of record as of the close of business on November 17, 2026. It is currently the intention of the Board to continue to pay

dividends on a quarterly basis going forward.

The Company’s balance sheet continues to be very strong, with cash and short-term investments of

approximately $351 million as of September 26, 2026. Trailing twelve-month return on average shareholders’ equity was 19%. Return on invested capital, representing net income divided by the sum of average equity plus

average debt, was 18%.

Landstar will provide a live webcast of its quarterly earnings conference call this afternoon at 4:30 p.m. ET. To access the

webcast, visit https://www.investor.landstar.com; click on “Webcasts,” then click on “Landstar’s Third Quarter 2026 Earnings Release Conference Call.” A slide presentation to accompany the webcast presentation is also

available on Landstar’s investor relations website at https://investor.landstar.com/.

LANDSTAR SYSTEM/4

Contact:

Jim

Todd

Chief Financial Officer

904-398-9400

About Landstar:

Landstar System, Inc., is a

technology-enabled, asset-light provider of freight transportation and logistics solutions focused on safety, security and service to a broad range of customers utilizing a network of agents, third-party capacity providers and employees. Landstar

transportation services companies are certified to ISO 9001:2015 quality management system standards and RC14001:2015 environmental, health, safety and security management system standards. Landstar System, Inc. is headquartered in Jacksonville,

Florida. Its common stock trades on The NASDAQ Stock Market® under the symbol LSTR.

Non-GAAP Financial Measures:

In this earnings release and accompanying financial disclosures, the Company provides the following information that may be deemed non-GAAP financial measures: variable contribution and variable contribution margin. The Company believes variable contribution and variable contribution margin are useful measures of the variable costs that we

incur at a shipment-by-shipment level attributable to our transportation network of third-party capacity providers and independent agents in order to provide services to

our customers. The Company also believes that it is appropriate to present each of the financial measures that may be deemed a non-GAAP financial measure, as referred to above, for the following reasons:

(1) disclosure of these matters will allow investors to better understand the underlying trends in the Company’s financial condition and results of operations; (2) this information will facilitate comparisons by investors of the

Company’s results as compared to the results of peer companies; and (3) management considers this financial information in its decision making.

LANDSTAR SYSTEM/5

Forward Looking Statements Disclaimer:

The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995. Statements contained in this press release

that are not based on historical facts are “forward-looking statements.” This press release contains forward-looking statements, such as statements which relate to Landstar’s business objectives, plans, strategies and expectations.

Terms such as “anticipates,” “believes,” “estimates,” “intention,” “expects,” “plans,” “predicts,” “may,” “should,” “could,”

“would,” “will,” the negative thereof and similar expressions are intended to identify forward-looking statements. Such statements are by nature subject to uncertainties and risks, including but not limited to: decreased

demand for transportation services; U.S. trade relationships and potential or imposed tariffs; an increase in the frequency or severity of accidents or other claims; unfavorable development of existing accident claims; substantial verdicts or

settlements rendered in connection with accidents or other claims; dependence on third party insurance companies; dependence on independent commission sales agents; dependence on third party capacity providers; the impact of the Russian conflict

with Ukraine on the operations of certain independent commission sales agents, including the Company’s second largest such agent by revenue in the 2025 fiscal year; substantial industry competition; disruptions or failures in the

Company’s computer systems; cyber and other information security incidents; dependence on key vendors; potential changes in taxes; status of independent contractors; regulatory and legislative changes; regulations focused on diesel emissions

and other air quality matters; regulations requiring the purchase and use of zero-emission vehicles; intellectual property; acquisitions and investments; increased exposure to broker liability claims; and

other operational, financial or legal risks or uncertainties detailed in Landstar’s Form 10-K for the 2025 fiscal year; described in Part I, Item 1A Risk Factors; Landstar’s Form 10-Q for the 2026 second quarter, described in Item 1A Risk Factors; and in 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 undue reliance on such forward-looking statements, and the Company undertakes no obligation to publicly update or revise any forward-looking statements.

LANDSTAR SYSTEM/6

Landstar System, Inc. and Subsidiary

Consolidated Statements of Income

(Dollars in thousands, except per share amounts)

(Unaudited)

Thirty-Nine Weeks Ended

Thirteen Weeks Ended

September 26,

2026

September 27,

2025

September 26,

2026

September 27,

2025

Revenue

4,115,342

3,569,291

1,511,787

1,205,406

Investment income

7,943

10,620

2,264

3,293

Costs and expenses:

Purchased transportation

3,212,442

2,775,761

1,182,045

936,472

Commissions to agents

319,254

291,529

117,676

98,693

Other operating costs, net of gains on asset sales/dispositions

53,971

46,996

21,226

15,572

Insurance and claims

130,193

103,309

55,270

33,008

Selling, general and administrative

191,534

174,303

62,376

57,015

Depreciation and amortization

30,887

35,884

9,918

11,509

Impairment of intangible and other assets

—

30,104

—

30,104

Total costs and expenses

3,938,281

3,457,886

1,448,511

1,182,373

Operating income

185,004

122,025

65,540

26,326

Interest and debt expense

1,692

756

362

217

Income before income taxes

183,312

121,269

65,178

26,109

Income taxes

46,878

30,206

17,135

6,745

Net income

136,434

91,063

48,043

19,364

Basic and diluted earnings per share

4.02

2.61

1.42

0.56

Average basic and diluted shares outstanding

33,943,000

34,885,000

33,871,000

34,581,000

Dividends per common share

1.24

1.16

0.44

0.40

LANDSTAR SYSTEM/7

Landstar System, Inc. and Subsidiary

Consolidated Balance Sheets

(Dollars in thousands, except per share amounts)

(Unaudited)

September 26,

2026

December 27,

2025

ASSETS

Current assets:

Cash and cash equivalents

297,321

396,694

Short-term investments

53,683

55,531

Trade accounts receivable, less allowance of $8,090 and $12,490

892,404

670,137

Other receivables, including advances to independent contractors, less allowance of $15,314 and

$18,759

77,898

52,784

Assets held for sale

—

12,231

Other current assets

50,217

28,949

Total current assets

1,371,523

1,216,326

Operating property, less accumulated depreciation and amortization of $494,295 and

$473,642

268,570

261,322

Goodwill

34,005

Other assets

133,617

124,282

Total assets

1,807,715

1,635,935

LIABILITIES AND SHAREHOLDERS’ EQUITY

Current liabilities:

Cash overdraft

68,713

56,654

Accounts payable

482,041

369,567

Current maturities of long-term debt

25,772

28,342

Insurance claims

87,393

87,343

Dividends payable

—

68,117

Liabilities held for sale

—

6,961

Other current liabilities

101,837

78,856

Total current liabilities

765,756

695,840

Long-term debt, excluding current maturities

56,899

48,480

Insurance claims

103,299

62,706

Deferred income taxes and other non-current

liabilities

51,765

33,244

Shareholders’ equity:

Common stock, $0.01 par value, authorized 160,000,000 shares, issued 68,636,098 and

68,590,708

686

Additional paid-in capital

269,696

261,256

Retained earnings

2,947,019

2,852,680

Cost of 34,927,155 and 34,531,982 shares of common stock in treasury

(2,378,302

)

(2,313,245

)

Accumulated other comprehensive loss

(9,103

)

(5,712

)

Total shareholders’ equity

829,996

795,665

Total liabilities and shareholders’ equity

1,807,715

1,635,935

LANDSTAR SYSTEM/8

Landstar System, Inc. and Subsidiary

Supplemental Information

(Unaudited)

Thirty-Nine Weeks Ended

Thirteen Weeks Ended

September 26,

2026

September 27,

2025

September 26,

2026

September 27,

2025

Revenue generated through (in thousands):

Truck transportation

Truckload:

Van equipment

2,080,868

1,769,440

759,949

583,369

Unsided/platform equipment

1,379,319

1,127,276

518,582

386,006

Less-than-truckload

73,845

72,229

24,933

24,480

Other truck transportation (1)

289,298

288,807

103,707

96,041

Total truck transportation

3,823,330

3,257,752

1,407,171

1,089,896

Rail intermodal

74,881

63,183

27,806

23,668

Ocean and air cargo carriers

153,047

188,696

55,334

72,270

Other (2)

64,084

59,660

21,476

19,572

4,115,342

3,569,291

1,511,787

1,205,406

Revenue on loads hauled via BCO Independent Contractors (3) included in total truck transportation

1,629,408

1,345,852

590,987

457,363

Number of loads:

Truck transportation

Truckload:

Van equipment

870,347

850,047

294,875

277,893

Unsided/platform equipment

375,093

369,495

128,398

123,254

Less-than-truckload

95,729

115,692

29,834

38,862

Other truck transportation (1)

143,311

135,606

47,543

45,421

Total truck transportation

1,484,480

1,470,840

500,650

485,430

Rail intermodal

23,600

21,960

8,490

7,990

Ocean and air cargo carriers

20,840

24,370

6,970

7,810

1,528,920

1,517,170

516,110

501,230

Loads hauled via BCO Independent Contractors (3)

included in total truck transportation

644,870

597,010

212,660

199,010

Revenue per load:

Truck transportation

Truckload:

Van equipment

2,391

2,082

2,577

2,099

Unsided/platform equipment

3,677

3,051

4,039

3,132

Less-than-truckload

771

624

836

630

Other truck transportation (1)

2,019

2,130

2,181

2,114

Total truck transportation

2,576

2,215

2,811

2,245

Rail intermodal

3,173

2,877

3,275

2,962

Ocean and air cargo carriers

7,344

7,743

7,939

9,254

Revenue per load on loads hauled via BCO Independent Contractors (3)

2,527

2,254

2,779

2,298

Revenue by capacity type (as a % of total revenue):

Truck capacity providers:

BCO Independent Contractors (3)

Truck Brokerage Carriers

Rail intermodal

Ocean and air cargo carriers

Other

September 26,

2026

September 27,

2025

Truck Capacity Providers:

BCO Independent Contractors (3)

7,843

7,827

Truck Brokerage Carriers:

Approved and active (4)

39,460

40,004

Other approved

28,455

27,461

67,915

67,465

Total available truck capacity providers

75,758

75,292

Trucks provided by BCO Independent Contractors

(3)

8,709

8,618

(1)

Includes power-only, expedited, straight truck, cargo van, and miscellaneous other truck transportation revenue

generated by the transportation logistics segment. Power-only refers to shipments where the Company furnishes a power unit and an operator but not trailing equipment, which is typically provided by the shipper or consignee.

(2)

Includes primarily reinsurance premium revenue generated by the insurance segment and intra-Mexico

transportation services revenue generated by Landstar Metro.

(3)

BCO Independent Contractors are independent contractors who provide truck capacity to the Company under

exclusive lease arrangements.

(4)

Active refers to Truck Brokerage Carriers who moved at least one load in the 180 days immediately preceding the

fiscal quarter end.

LANDSTAR SYSTEM/9

Landstar System, Inc. and Subsidiary

Reconciliation of Gross Profit to Variable Contribution

(Dollars in thousands)

(Unaudited)

Thirty-Nine Weeks Ended

Thirteen Weeks Ended

September 26,

2026

September 27,

2025

September 26,

2026

September 27,

2025

Revenue

4,115,342

3,569,291

1,511,787

1,205,406

Costs of revenue:

Purchased transportation

3,212,442

2,775,761

1,182,045

936,472

Commissions to agents

319,254

291,529

117,676

98,693

Variable costs of revenue

3,531,696

3,067,290

1,299,721

1,035,165

Trailing equipment depreciation

19,108

20,829

6,489

6,985

Information technology costs (1)

8,186

10,928

2,503

3,319

Insurance-related costs (2)

130,955

104,622

55,301

33,305

Other operating costs

53,971

46,996

21,226

15,572

Other costs of revenue

212,220

183,375

85,519

59,181

Total costs of revenue

3,743,916

3,250,665

1,385,240

1,094,346

Gross profit

371,426

318,626

126,547

111,060

Gross profit margin

9.0

8.9

8.4

9.2

Plus: other costs of revenue

212,220

183,375

85,519

59,181

Variable contribution

583,646

502,001

212,066

170,241

Variable contribution margin

14.2

14.1

14.0

14.1

(1)

Includes costs of revenue incurred related to internally developed software including ASC 350-40 amortization, implementation costs, hosting costs and other support costs utilized to support the Company’s independent commission sales agents, third party capacity providers, and customers, included

as a portion of depreciation and amortization and of selling, general and administrative in the Company’s Consolidated Statements of Income.

(2)

Primarily includes (i) insurance premiums paid for commercial auto liability, general liability, cargo and

other lines of coverage related to the transportation of freight; (ii) the related cost of claims incurred under those programs; and (iii) brokerage commissions and other fees incurred relating to the administration of insurance programs

available to BCO Independent Contractors that are reinsured by the Company, which are included in selling, general and administrative in the Company’s Consolidated Statements of Income.

EX-99.2

Filename: d176512dex992.htm · Sequence: 3

EX-99.2

Date Landstar System, Inc. Earnings

Conference Call 3Q 2026 Exhibit 99.2

Forward-Looking Statements Disclaimer

The following is a “safe harbor” statement under the Private Securities Litigation Reform Act of 1995. Statements made in this slide presentation that are not based on historical facts are “forward-looking statements.” This

presentation may make certain statements containing forward-looking statements, such as statements which relate to Landstar’s business objectives, plans, strategies and expectations. Such statements are by nature subject to uncertainties and

risks, including but not limited to: the operational, financial or legal risks or uncertainties detailed in Landstar’s Form 10-K for the 2025 fiscal year and Form 10-Q for the 2026 second quarter 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 undue reliance on such forward-looking statements,

and the Company undertakes no obligation to publicly update or revise any forward-looking statements. 3Q 2026

In this slide presentation, the

Company provides the following information that may be deemed a non-GAAP financial measure: variable contribution, variable contribution margin and operating income as a percentage of variable contribution. Management believes variable contribution

and variable contribution margin are useful measures of the variable costs that we incur at a shipment-by-shipment level attributable to our transportation network of third-party capacity providers and independent agents in order to provide services

to our customers. Management believes that operating income as a percentage of variable contribution is a useful measure as: (i) variable costs of revenue for a significant portion of the Company’s business are highly influenced by short-term

market-based trends in the freight transportation industry, whereas other costs, including other costs of revenue, are much less impacted by short-term freight market trends; and (ii) this measure is meaningful to investors’ evaluations of the

Company’s management of costs attributable to operations other than the purely variable costs associated with purchased transportation and commissions to agents that the Company incurs to provide services to our customers. Management also

believes that it is appropriate to present each of the financial measures that may be deemed a non-GAAP financial measure, as referred to above, for the following reasons: (1) disclosure of these matters will allow investors to better understand the

underlying trends in the Company’s financial condition and results of operations; (2) this information will facilitate comparisons by investors of the Company’s results as compared to the results of peer companies; and (3) management

considers this financial information in its decision making. A tabulation of the expenses identified as costs of revenue as well as a reconciliation of gross profit to variable contribution and gross profit margin to variable contribution margin for

the 2026 and 2025 third quarters and year-to-date periods is included in this slide presentation within the Appendix. Non-GAAP Financial Measures 3Q 2026

Frank Lonegro Chief Executive Officer

3Q 2026 Executive Summary

Slide header CEO Perspective R E S U L

T S Dollars in Millions (except per share amounts) H I G H L I G H T S 3Q revenue performance 29% increase in truck transportation revenue over 3Q 2025 Strong performance in our services hauled by van and unsided/platform equipment Truck capacity

Net 165 BCO truck count additions in 3Q; best performance since 3Q 2021 Operating income and EPS Negatively impacted by challenging insurance and claims environment Strong balance sheet Continuing to return meaningful capital to stockholders

Investing through the cycle Supporting our network of entrepreneurs with continued investment in trailing equipment and technology Metric 3Q 2026 3Q 2025 Chg. Revenue $ 1,511.8 $ 1,205.4 25.4% Operating Income $ 65.5 $ 26.3 149.0% Earnings per Share

$ 1.42 $ 0.56 153.6% Operating income and EPS during the 2025 third quarter were negatively impacted by $30.1 million and $0.66 per share, respectively, as a result of non-cash impairment charges.

Frank Lonegro Chief Executive Officer

3Q 2026 Network and Capacity

Slide header $1.41B Truck Revenue 501K

Truck Loadings $2,811 Truck Revenue per Load 457 Million $ Agents* 8,709 BCO Trucks 67,915 Carriers 17,800+ Trailers 0.57 DOT Accidents per Million Miles** * Based on 2025 fiscal year ** Based on 3Q 2026 YTD; See definition of DOT Accidents within

the Appendix 3Q R E S U L T S L A N D S T A R N E T W O R K Agents ~980 Customers ~20,000 Capacity 75,000+ Employees ~1,300 Landstar Network and 3Q Truckload Operating Results

Slide header Active refers to Truck

Brokerage Carriers who moved at least one load in the 180 days immediately preceding the fiscal quarter end. Note: Fuel surcharges billed to customers on freight hauled by BCO Independent Contractors, which are paid 100% to the BCO and not included

in either revenue or the cost of purchased transportation, were $262.2 million and $169.5 million in the 2026 and 2025 year-to-date periods, respectively, and $97.7 million and $58.8 million in the 2026 and 2025 third quarters, respectively. A V A I

L A B L E T R U C K C A P A C I T Y P R O V I D E R S Type of Capacity Sep 26, 2026 Jun 27, 2026 Dec 27, 2025 Sep 27, 2025 BCO Independent Contractors 7,843 7,719 7,712 7,827 Truck Brokerage Carriers Approved and Active (1) 39,460 37,656 36,852

40,004 Other Approved 28,455 26,951 25,938 27,461 Total Truck Brokerage Carriers 67,915 64,607 62,790 67,465 Total Available Truck Capacity Providers 75,758 72,326 70,502 75,292 Trucks Provided by BCO Independent Contractors 8,709 8,544 8,514 8,618

Truck Capacity All information is provided as of the end of the applicable period

Jim Todd Chief Financial Officer 3Q

2026 Financial Results

Slide header Revenue Source Rate

(1) Vol. (2) Chg. Truck 25.2% 3.1% 29.1% Rail Intermodal 10.6% 6.3% 17.5% Ocean/Air (14.2%) (10.8%)) (23.4%) Insurance Premiums N/A N/A 0.9% Total Revenue — — 25.4% R E S U L T S V A R I A N C E Percentage change in rate is calculated on

a revenue per load basis. Percentage change in volume is calculated on the number of loads hauled. Revenue Dollars in Millions

Slide header Revenue Share Y-O-Y

Change 3Q 2026 3Q 2025 Market Segment in Revenue 29.2 27.4 Consumer Durables 34 15.3 15.3 Machinery 26 9.1 9.0 Building Products 27 8.8 8.4 Electrical 31 8.0 9.0 Automotive 12 6.2 6.9 AA&E, Hazmat 14 5.2 4.8 Metals 35 4.2 2.9 Energy 79 1.2 1.6

Substitute Line Haul (8) 12.8 14.7 Other 10 Transportation logistics revenue up 26% Y-O-Y Revenue Variances by Industry Served with Revenue Share Indicated Amounts in Percent

Slide header Gross Profit Variable

Contribution Amounts in % 3Q 2025 14.1 Revenue – Fixed (3) (0.3) Revenue – Variable 0.1 Change in Mix/Other 0.1 2026 14.0 C H A N G E I N V C M A R G I N Gross profit equals revenue less the cost of purchased transportation, commissions

to agents and other costs of revenue. Gross profit margin equals gross profit divided by revenue. Variable contribution (VC) equals revenue less the cost of purchased transportation and commissions to agents. Variable contribution margin equals VC

divided by revenue. Revenue on transactions where the Company’s variable contribution margin was based on a contractually pre-determined percentage of revenue accounted for 44% and 43% of revenue in the 2026 and 2025 third quarters,

respectively. R E S U L T S 8.4% 9.2% 14.0% 14.1% Gross Profit (1) and Variable Contribution (2) with Associated Margins Dollars in Millions

Slide header Operating Income (1)

Percentage of Gross Profit Variable Contribution C H A N G E I N P E R C E N T A G E of Variable Contribution R E S U L T S Amounts in % 3Q 2025 15.5) Impairment 17.7 SG&A 4.1 Depreciation and amortization 2.0 Other operating costs (0.9)

Insurance and claims (7.5) 2026 30.9) Operating Income as a Percentage of Gross Profit and Variable Contribution Dollars in Millions Operating income during the 2025 third quarter was negatively impacted by $30.1 million as a result of non-cash

impairment charges.

Slide header Return Type Sep 26,

2026 Sep 27, 2025 Equity 19% 15% Invested Capital 18% 13% Assets 9% 8% N E T C A S H (1) with Debt to Capital (2) as of date indicated S O U R C E S / U S E S O F C A S H Year-to-date as of date indicated Cash Flow Type 3Q 2026 3Q 2025 Cash flow

from operations $ 98.7 $ 152.2 Capital expenditures $ 11.6 $ 7.7 Free cash flow (3) $ 87.1 $ 144.5 Share repurchases $ 65.2 $ 143.2 Dividends paid $ 110.2 $ 111.1 R E T U R N S Trailing 12 months as of date indicated Net cash is defined as cash and

cash equivalents of $297.3 million plus short term investments of $53.7 million less outstanding debt of $82.7 million as of September 26, 2026. As of September 27, 2025, net cash was cash and cash equivalents of $375.2 million plus short term

investments of $59.2 million less outstanding debt of $77.1 million. Capital is defined as total debt plus total shareholders’ equity. Free cash flow is defined as cash flow from operations less cash capital expenditures. 9% 8% Key Balance

Sheet and Cash Flow Statistics Dollars in Millions

Frank Lonegro Chief Executive

Officer 3Q 2026 Closing Remarks

Slide header Current Market Update

and Historical Trends Ü Current Market Update - October 2026 business activity: – Truck Loads: October 2026 approximately 7% above October 2025 – Slightly above typical September to October month-to-month historical trends –

Truck Revenue per Load: October 2026 approximately 29% above October 2025 – Slightly above typical September to October month-to-month historical trends Historical Trends - Pre-pandemic historical seasonality patterns would normally yield:

– Truck Revenue: Slight increase from 3Q to 4Q – Truck Loads: Slight increase 3Q to 4Q – Truck Revenue per Load: Slight increase 3Q to 4Q

3Q 2026 Appendix

Slide header Revenue Breakdown by

Service Type P E R C E N T A G E O F R E V E N U E 3Q 2 0 2 6 by Service Type LTL — 2% T R U C K L O A D Van — 50%, Unsided/Platform — 34% OTHER TRUCK — 7% T R U C K T R A N S P O R T A T I O N RAIL INTERMODAL — 2%

OCEAN / AIR CARGO — 4% CHANGE IN SHARE SINCE 3Q 2025 Van Equipment Unsided/ Platform Equipment LTL Other Truck Transportation Rail Intermodal Ocean/ Air cargo All Other 48% Ü 50% 32% Ü 34% 2% Ü 2% 8% Ü 7% 2% Ü 2% 6%

Ü 4% 2% Ü 1% ALL OTHER — 1%

Slide header Truckload Loadings and

Revenue per Truckload Trends U N S I D E D / P L A T F O R M V A N NUMBER OF LOADS REVENUE PER LOAD NUMBER OF LOADS REVENUE PER LOAD

Slide header Revenue –

Year-to-Date Dollars in Millions Revenue Source Rate (1) Vol. (2) Chg. Truck 16.3% 0.9% 17.4% Rail Intermodal 10.3% 7.5% 18.5% Ocean/Air (5.2%) (14.5%)) (18.9%) Insurance Premiums N/A N/A (1.2%) Total Revenue — — 15.3% R E S U L T S V A

R I A N C E Percentage change in rate is calculated on a revenue per load basis. Percentage change in volume is calculated on the number of loads hauled.

Slide header Gross Profit and

Variable Contribution – Year-to-Date with Associated Margins Dollars in Millions Gross Profit Variable Contribution Amounts in % 3Q YTD 2025 14.1 Change in Mix/ Other 0.2 Revenue – Variable 0.1 Revenue – Fixed (1) (0.2) 2026 14.2 C

H A N G E I N V C M A R G I N Revenue on transactions where the Company’s variable contribution margin was based on a contractually pre-determined percentage of revenue accounted for 44% and 43% of revenue in the 2026 and 2025 year-to-date

periods, respectively. R E S U L T S 9.0% 8.9% 14.2% 14.1%

Slide header Operating Income

– Year-to-Date as a Percentage of Gross Profit and Variable Contribution Dollars in Millions Operating Income Percentage of Gross Profit Variable Contribution C H A N G E I N P E R C E N T A G E of Variable Contribution R E S U L T S Amounts

in % 3Q YTD 2025 24.3) Impairment 6.0 Depreciation and amortization 1.9 SG&A 1.9 Other operating costs 0.1 Insurance and claims (2.5) 2026 31.7

Slide header Reconciliation of

Gross Profit to Variable Contribution Dollars in Thousands Includes costs of revenue incurred related to internally developed software including ASC 350-40 amortization, implementation costs, hosting costs and other support costs utilized to support

the Company’s independent commission sales agents, third party capacity providers, and customers, included as a portion of depreciation and amortization and of selling, general and administrative in the Company's Consolidated Statements of

Income. Primarily includes (i) insurance premiums paid for commercial auto liability, general liability, cargo and other lines of coverage related to the transportation of freight; (ii) the related cost of claims incurred under those programs; and

(iii) brokerage commissions and other fees incurred relating to the administration of insurance programs available to BCO Independent Contractors that are reinsured by the Company, which are included in selling, general and administrative in the

Company’s Consolidated Statements of Income. 2010 2011 2009 % Proj % Plan % External Revenue #REF! #REF! #REF! Purchased Transportation 0 #REF! 0 #REF! #REF! #REF! Commissions to Agents 0 #REF! 0 #REF! #REF! #REF! Net Revenue #REF! #REF! #REF!

#REF! #REF! #REF! Investment Income 0 #REF! #VALUE! #VALUE! #REF! 1.1% Other Operating Costs #REF! #REF! #REF! #REF! #REF! #REF! Insurance Expense #REF! #REF! #REF! #REF! #REF! #REF! SG&A #REF! #REF! #REF! #REF! #REF! #REF! Depreciation and

Amortization #REF! #REF! #REF! #REF! #REF! #REF! Operating Income #REF! #REF! #REF! #REF! #REF! #REF! Interest and Debt Expense #REF! #REF! #REF! Income Before Income Taxes #REF! #REF! #REF! Income Taxes #REF! #REF! #REF! Net Income #REF! #REF!

#REF! Diluted Earnings per Share Shares Diluted Earnings per Share % of 2013 % of 2013 % of Thirty-Nine Weeks Ended Thirteen Weeks Ended Sep 26, Sep 27, Sep 26, Sep 27, 2026 2025 2026 2025 2012 Rev/GP Plan Rev/GP Proj Rev/GP Revenue $4,115,342

$3,569,291 $1,511,787 $1,205,406 External Revenue #REF! #REF! #REF! Costs of revenue: Purchased Transportation #REF! #REF! #REF! #REF! #REF! #REF! Purchased transportation 3,212,442 2,775,761 1,182,045 ,936,472 Commissions to agents ,319,254

,291,529 ,117,676 98,693 Variable costs of revenue 3,531,696 3,067,290 1,299,721 1,035,165 Interest and Debt Expense #REF! #REF! #REF! Income Before Income Taxes #REF! #REF! #REF! Trailing equipment depreciation 19,108 20,829 6,489 6,985 Information

technology costs (1) 8,186 10,928 2,503 3,319 Insurance-related costs (2) ,130,955 ,104,622 55,301 33,305 Income Taxes #REF! #REF! #REF! Other operating costs 53,971 46,996 21,226 15,572 Other costs of revenue ,212,220 ,183,375 85,519 59,181 Total

costs of revenue 3,743,916 3,250,665 1,385,240 1,094,346 Gross profit $,371,426 $,318,626 $,126,547 $,111,060 Gross profit margin 0.09 8.9% 8.4% 9.2% Plus: other costs of revenue ,212,220 ,183,375 85,519 59,181 Variable contribution $,583,646

$,502,001 $,212,066 $,170,241 Variable contribution margin 0.14199999999999999 0.14099999999999999 0.14000000000000001 0.14099999999999999 (1) Includes costs of revenue incurred related to internally developed software including ASC 350-40

amortization, implementation costs, hosting costs and other support costs utilized to support the Company’s independent commission sales agents, third party capacity providers, and customers, included as a portion of depreciation and

amortization and of selling, general and administrative in the Company's Consolidated Statements of Income. (2) Primarily includes (i) insurance premiums paid for commercial auto liability, general liability, cargo and other lines of coverage

related to the transportation of freight; (ii) the related cost of claims incurred under those programs; and (iii) brokerage commissions and other fees incurred relating to the administration of insurance programs available to BCO Independent

Contractors that are reinsured by the Company, which are included in selling, general and administrative in the Company’s Consolidated Statements of Income. 2010 2011 2009 % Proj % Plan % External Revenue #REF! #REF! #REF! Purchased

Transportation 0 #REF! 0 #REF! #REF! #REF! Commissions to Agents 0 #REF! 0 #REF! #REF! #REF! Net Revenue #REF! #REF! #REF! #REF! #REF! #REF! Investment Income 0 #REF! #VALUE! #VALUE! #REF! 1.1% Other Operating Costs #REF! #REF! #REF! #REF! #REF!

#REF! Insurance Expense #REF! #REF! #REF! #REF! #REF! #REF! SG&A #REF! #REF! #REF! #REF! #REF! #REF! Depreciation and Amortization #REF! #REF! #REF! #REF! #REF! #REF! Operating Income #REF! #REF! #REF! #REF! #REF! #REF! Interest and Debt Expense

#REF! #REF! #REF! Income Before Income Taxes #REF! #REF! #REF! Income Taxes #REF! #REF! #REF! Net Income #REF! #REF! #REF! Diluted Earnings per Share Shares Diluted Earnings per Share % of 2013 % of 2013 % of Thirty-Nine Weeks Ended Thirteen Weeks

Ended Sep 26, Sep 27, Sep 26, Sep 27, 2026 2025 2026 2025 2012 Rev/GP Plan Rev/GP Proj Rev/GP Revenue $4,115,342 $3,569,291 $1,511,787 $1,205,406 External Revenue #REF! #REF! #REF! Costs of revenue: Purchased Transportation #REF! #REF! #REF! #REF!

#REF! #REF! Purchased transportation 3,212,442 2,775,761 1,182,045 ,936,472 Commissions to agents ,319,254 ,291,529 ,117,676 98,693 Variable costs of revenue 3,531,696 3,067,290 1,299,721 1,035,165 Interest and Debt Expense #REF! #REF! #REF! Income

Before Income Taxes #REF! #REF! #REF! Trailing equipment depreciation 19,108 20,829 6,489 6,985 Information technology costs (1) 8,186 10,928 2,503 3,319 Insurance-related costs (2) ,130,955 ,104,622 55,301 33,305 Income Taxes #REF! #REF! #REF!

Other operating costs 53,971 46,996 21,226 15,572 Other costs of revenue ,212,220 ,183,375 85,519 59,181 Total costs of revenue 3,743,916 3,250,665 1,385,240 1,094,346 Gross profit $,371,426 $,318,626 $,126,547 $,111,060 Gross profit margin 0.09

8.9% 8.4% 9.2% Plus: other costs of revenue ,212,220 ,183,375 85,519 59,181 Variable contribution $,583,646 $,502,001 $,212,066 $,170,241 Variable contribution margin 0.14199999999999999 0.14099999999999999 0.14000000000000001 0.14099999999999999

(1) Includes costs of revenue incurred related to internally developed software including ASC 350-40 amortization, implementation costs, hosting costs and other support costs utilized to support the Company’s independent commission sales

agents, third party capacity providers, and customers, included as a portion of depreciation and amortization and of selling, general and administrative in the Company's Consolidated Statements of Income. (2) Primarily includes (i) insurance

premiums paid for commercial auto liability, general liability, cargo and other lines of coverage related to the transportation of freight; (ii) the related cost of claims incurred under those programs; and (iii) brokerage commissions and other fees

incurred relating to the administration of insurance programs available to BCO Independent Contractors that are reinsured by the Company, which are included in selling, general and administrative in the Company’s Consolidated Statements of

Income.

Slide header Free Cash Flow with

Stock Purchases and Dividends Dollars and Shares in Millions 5 – Y E A R S U M M A R Y Cash Flow Item 2021 2022 2023 2024 2025 Cash flow from operations $ 277 $ 623 $ 394 $ 287 $ 225 Cash capital expenditures $ 24 $ 26 $ 26 $ 31 $ 10 Free cash

flow $ 253 $ 597 $ 368 $ 256 $ 215 Share repurchases $ 123 $ 286 $ 54 $ 81 $ 180 Dividends paid $ 112 $ 116 $ 117 $ 120 $ 125 Common share count(1) 37.7 35.9 35.7 35.3 34.1 Common share count as of the end of the applicable period.

Slide header DOT Accident (1)

Frequency per Million Miles Traveled by BCOs 5 – Y E A R S U M M A R Y A “DOT Accident” is defined, consistent with U.S. 49 CFR 390.5T, as an occurrence involving a commercial motor vehicle operating on a highway in interstate or

intrastate commerce that results in a fatality, a bodily injury to a person who, as a result of the injury, immediately receives medical treatment away from the scene of the accident, or one or more motor vehicles incurring disabling damage as a

result of the accident, requiring the motor vehicle(s) to be transported away from the scene by a tow truck or by other motor vehicle, but does not include an occurrence involving only boarding and alighting from a stationary motor vehicle or an

occurrence involving only the loading or unloading of cargo.

AI Effort: AI Task Force Benefit:

Accelerate the automation of routine agent & BCO workflows Unlock Growth Network Retention Improve Communications Enhance Decision Making Identify and Reduce Risk Improve Productivity Accelerate Workflow Automation Recruit, retain & grow

network through enhanced technology AI Effort: BCO Retention Benefit: Targeted support for at risk BCOs AI Effort: AI agents embedded within agent portal; AI Task Force Benefit: Raise agent & BCO revenue thresholds through enhanced tools AI

Effort: AI-Enhanced Fraud Detection Tool Benefit: Technology enhanced vetting to minimize fraudulent activity AI Effort: Pricing Tool; AI agents embedded within agent portal Benefit: Improve insights and decision support AI Effort: AI-Enabled Call

Center; AI Task Force Benefit: Reduced network friction Improve productivity and unlock Agent & BCO growth Attract & retain Agents & BCOs Strengthen reputation as the leader in Safety, Security and Service AI For The Landstar Network of

Entrepreneurs In-flight AI Efforts

AI Effort: AI-Enabled Contact

Center; AI agents: AI Task Force Benefits: Synchronize agent, BCO and corporate workflows & communication Strengthen Brand Leverage Financial Strength Network Retention Enhance Decision Making Identify Risk Improve Productivity Improve Network

Integration Grow network through enhanced support AI Effort: ERP; AI Enhanced Credit Benefit: Improve decision making AI Effort: AI-Enabled Contact Center; Microsoft Copilot corporate roll-out Benefit: Optimize internal resources, focus on higher

value problem solving AI Effort: AI-Enhanced Fraud Detection Tool Benefit: Enhanced analytical tools to minimize fraudulent activity AI Effort: AI-Enabled Contact Center Benefit: Improve network support & access to information AI Effort: BCO

Retention Tool Benefit: Improve toolkit to aid BCO retention Improve the experience for all Landstar Network stakeholders Optimize the deployment of resources Minimize risk and reduce friction throughout the Landstar Network AI For Landstar

Corporate In-flight AI Efforts

Date Landstar System, Inc. Earnings

Conference Call 3Q 2026

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duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

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No definition available.

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dei_DocumentPeriodEndDate

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xbrli:dateItemType

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Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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No definition available.

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Name:

dei_DocumentType

Namespace Prefix:

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Data Type:

dei:submissionTypeItemType

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- Definition

Address Line 1 such as Attn, Building Name, Street Name

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Name:

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Namespace Prefix:

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Data Type:

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- Definition

Name of the City or Town

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- Definition

Code for the postal or zip code

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No definition available.

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Data Type:

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- Definition

Name of the state or province.

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No definition available.

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Name:

dei_EntityAddressStateOrProvince

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Data Type:

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- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

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Data Type:

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- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

dei_EntityEmergingGrowthCompany

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- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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No definition available.

+ Details

Name:

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Data Type:

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- Definition

Two-character EDGAR code representing the state or country of incorporation.

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No definition available.

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Data Type:

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- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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Name:

dei_EntityRegistrantName

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- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

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dei_EntityTaxIdentificationNumber

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- Definition

Local phone number for entity.

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No definition available.

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Name:

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

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Namespace Prefix:

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Balance Type:

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

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Namespace Prefix:

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- Definition

Title of a 12(b) registered security.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

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Data Type:

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- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Name:

dei_SecurityExchangeName

Namespace Prefix:

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Data Type:

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Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

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Name:

dei_SolicitingMaterial

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Data Type:

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- Definition

Trading symbol of an instrument as listed on an exchange.

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No definition available.

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Name:

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Balance Type:

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- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

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