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LANDSTAR SYSTEM INC (LSTR) Create: Alert

All | News | Filings
Date FiledTypeDescription
01/03/2014 8-K Asset disposition
Docs: "Letter Agreement, by and among Landstar System Holdings, Inc., Landstar Supply Chain Solutions, Inc. and XPO Logistics, Inc",
"LANDSTAR COMPLETES SALE OF SUPPLY CHAIN COMPANIES TO XPO LOGISTICS Jacksonville, Florida - Landstar System, Inc., a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, announced today that it has completed the previously announced sale of its Michigan-based supply chain subsidiaries to XPO Logistics, Inc. for $87.0 million in cash. Commenting on the transaction, Landstar Chairman, President and CEO Henry Gerkens said, “We are very pleased to have been able to provide our stockholders with an excellent return on investment with respect to the two acquisitions we made in 2009 and to have closed this transaction during our 2013 fiscal year. We look forward to beginning 2014 focused on growing our cor...",
"Selected Consolidated Financial Data of Landstar System, Inc",
"Unaudited Pro Forma Condensed Consolidated Financial Information"

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