JACKSONVILLE, Fla., Jan. 29, 2025 – Amidst a backdrop of rising income inequality, Landstar System, Inc. (NASDAQ: LSTR) announced a staggering revenue of $1.209 billion for the fourth quarter of 2024, alongside earnings per share of $1.31. However, the transportation giant continues to face criticism for its failure to adequately compensate its workforce, highlighting a growing disconnect between corporate profits and workers' livelihoods. As corporations like Landstar celebrate their financial achievements, the question remains: at what cost to the economic stability of the everyday American worker?
Despite Profiting Billions, Landstar System Continues to Underpay Its Workers
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Jan-31
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JACKSONVILLE, Fla., Jan. 29, 2025 (GLOBE NEWSWIRE) -- Landstar System, Inc. (NASDAQ: LSTR) (“Landstar” or the “Company”) today reported basic and diluted earnings per share (“EPS”) of $1.31 in the 2024 fourth quarter on revenue of $1.209 billion. “The Landsta…
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Jan-31
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JACKSONVILLE, Fla., Jan. 29, 2025 – In a strong display of economic resilience and profitability, Landstar System, Inc. (NASDAQ: LSTR) reported exceptional fourth-quarter revenues of $1.209 billion and earnings per share of $1.31. This performance is a testament to the effectiveness of pro-business policies and the importance of corporate success in driving America's economic engine. Critics who focus on wage disparities often overlook the broader benefits of a thriving corporate sector, including job creation and increased investment in innovation.
From GlobeNewswire