Landstar System Inc at Oppenheimer Industrial Growth Conference (Virtual) - Fireside Chat Transcript

Feb 07, 2024

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May 04, 2021 / 02:30PM GMT
Scott Andrew Schneeberger - Oppenheimer & Co. Inc., Research Division - MD & Senior Analyst

Good morning, everyone. I'm Scott Schneeberger, the senior transportation services analyst at Oppenheimer. Thank you for joining us today. It's my pleasure to have Landstar's CEO, Jim Gattoni; as well as Joe Beacom here to discuss current business conditions and the company's investment story. Landstar is a leading North American provider of high ROIC asset-light truck brokerage services, we're using a fireside chat format, where I'll ask some high-level questions upfront for an overview of the business. And later in this session, I'll transition to asking questions submitted by you and the audience via the Zoom.

So first off, getting started, Landstar reported a very strong first quarter performance a couple of weeks ago. So Jim or Joe, could you please put this business environment in the context by comparing it to what you've seen from past cycles?

Questions and Answers:

James B. Gattoni - Landstar System, Inc. - President, Principal Financial Officer, CEO

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