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Stock impact report

Ground Transportation Stocks Q4 Results: Benchmarking Landstar (NASDAQ:LSTR) [Yahoo! Finance]

Landstar System, Inc. (LSTR) 
Last landstar system, inc. earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.landstar.com/investor-relations
Company Research Source: Yahoo! Finance
The growth of e-commerce and global trade continues to drive demand for shipping services, especially last-mile delivery, presenting opportunities for ground transportation companies. The industry continues to invest in data, analytics, and autonomous fleets to optimize efficiency and find the most cost-effective routes. Despite the essential services this industry provides, ground transportation companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies' offerings while fuel costs can influence profit margins. The 15 ground transportation stocks we track reported a slower Q4. As a group, revenues were in line with analysts' consensus estimates. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 25.6% since the latest earnings results. Covering billions of miles throughout North America, Landstar (NASDAQ:LSTR) is a transportation company specializing in fr Show less Read more
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