Landstar System, Inc. (NASDAQ:LSTR) is one of the 13 Best Freight Stocks to Invest in Now. The company announced marketing a subsidiary for sale following mixed results in the second quarter of 2025. Landstar Markets Mexican Subsidiary for Sale After Mixed Quarterly Results On July 29, 2025, Landstar System, Inc. (NASDAQ:LSTR) reported Basic and Diluted EPS of $1.20 in the 2025 second quarter on revenue of $1.211 billion. Though the overall revenue had declined by 1%, the Truck revenue has seen the firs ...

Lodestar Metals Enters into Exclusivity Agreement on Silver Projects in Eureka Silver District, NevadaSeptember 08, 2025 7:35 AM EDT | Source: Lodestar Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - September 8, 2025) - Lodestar Metals Corp. (TSXV: LSTR) (OTCQB: SVTNF) ("Lodestar" or the "Company") is pleased to announce it has entered into an exclusivity agreement with a group of arm's-length vendors to negotiate the terms of an agreement to option silver-focused unpatented minera ...

Company Overview - Lodestar Metals Corp. is a Canadian mineral exploration company focused on advancing high-potential projects in North America, including the Gold Run Property in Nevada and the Peny Property in Manitoba [4]. Engagement with Atrium Research - Lodestar has engaged Atrium Research Corporation to produce a Company Spotlight report to assist in presenting its investment case to potential investors, which will include a recorded interview with Lodestar's management [1]. - Atrium will receive cash compensation of $4,000 for its research services, which will be provided over a period of up to 4 weeks [1]. Atrium Research Profile - Atrium Research specializes in institutional quality company-sponsored research on public equities in North America, focusing on companies that are currently overlooked by the market [3]. - The research process emphasizes understanding key performance metrics, trustworthy management teams, and in-depth valuation analysis [3].

Key Takeaways Landstar posted Q2 EPS of $1.20, beating estimates but dropping 18.9% year over year on weaker profitability.Truck revenue per load rose 2.6% as unsided platform and van equipment pricing improved.Total revenue fell 1.1% to $1.21B, with air, ocean, and other segments posting double-digit declines.Landstar System, Inc. (LSTR) ) second-quarter 2025 earnings per share (EPS) of $1.20 beat the Zacks Consensus Estimate of $1.16 but fell 18.9% year over year. Revenues of $1.21 billion marginally surp ...

Core Insights - Landstar System (LSTR) reported revenue of $1.21 billion for the quarter ended June 2025, reflecting a year-over-year decline of 1.1% and an EPS of $1.20, down from $1.48 in the same quarter last year [1] - The reported revenue was in line with the Zacks Consensus Estimate, showing a surprise of +0.39%, while the EPS exceeded the consensus estimate by +3.45% [1] Financial Performance Metrics - Revenue per load for Ocean and air cargo carriers was $6,826, below the average estimate of $7,836.56 [4] - Revenue per load for Rail Intermodal was $2,817, compared to the average estimate of $3,011.45 [4] - Total number of loads was 515,770, slightly below the average estimate of 517,459 [4] - Truck Transportation revenue was $1.12 billion, exceeding the average estimate of $1.1 billion, representing a year-over-year increase of +1.1% [4] - Revenue from Ocean and air cargo carriers was $50.79 million, significantly lower than the average estimate of $67.92 million, marking a year-over-year decline of -28.8% [4] - Investment income was reported at $3.73 million, surpassing the average estimate of $3.04 million, with a year-over-year increase of +2.1% [4] Stock Performance - Over the past month, Landstar shares returned +1.6%, while the Zacks S&P 500 composite increased by +3.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Company Performance - Landstar System (LSTR) reported quarterly earnings of $1.2 per share, exceeding the Zacks Consensus Estimate of $1.16 per share, but down from $1.48 per share a year ago, indicating an earnings surprise of +3.45% [1] - The company posted revenues of $1.21 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 0.39%, but down from $1.23 billion year-over-year [2] - Over the last four quarters, Landstar has surpassed consensus EPS estimates just once and topped consensus revenue estimates three times [2] Stock Performance - Landstar shares have declined approximately 17.8% since the beginning of the year, contrasting with the S&P 500's gain of 8.6% [3] - The current consensus EPS estimate for the upcoming quarter is $1.35 on revenues of $1.24 billion, and for the current fiscal year, it is $4.86 on revenues of $4.85 billion [7] Industry Outlook - The Transportation - Truck industry, to which Landstar belongs, is currently ranked in the bottom 13% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Landstar's stock performance [5][6]

Financial Data and Key Metrics Changes - Overall revenue decreased by 1% year over year, while truck revenue increased year over year for the first time since 2022 [7][10] - Truck revenue per load increased by 2.6% compared to the same quarter last year, with a sequential increase of 3.2% from the first quarter of 2025 [15][10] - Gross profit was $109.3 million compared to $120 million in the same quarter last year, with a gross profit margin of 9% [23][24] Business Line Data and Key Metrics Changes - Heavy haul revenue increased by 9% year over year, driven by a 5% increase in revenue per load and a 4% increase in volume [8][17] - Non-truck transportation service revenue decreased by 22% or $21 million compared to the same quarter last year, primarily due to a 20% decrease in ocean revenue per shipment [18][19] - Transportation Logistics segment revenue was down 1% year over year, with a 2% decrease in loadings [19] Market Data and Key Metrics Changes - The freight environment was characterized by soft demand, with truck capacity readily available and market conditions favoring shippers [9][10] - U.S.-Mexico and U.S.-Canada cross-border businesses underperformed compared to domestic revenue performance [19] - Revenue hauled on behalf of other truck transportation companies was 19% below the same quarter last year, indicating accessible capacity in the marketplace [22] Company Strategy and Development Direction - The company remains focused on accelerating its business model and executing strategic growth initiatives despite ongoing challenges [6][10] - Continuous investment in technology solutions and fleet refreshment is prioritized to support independent business owners [11][27] - The company aims to leverage its strong balance sheet and cash generation capabilities to return capital to shareholders through buybacks and dividends [27] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing challenges from volatile federal trade policy and inflation concerns, but expressed optimism about the heavy haul service performance [6][8] - The company will provide revenue commentary for the third quarter instead of formal guidance due to the uncertain economic environment [28] - Management expects to see similar trends in the third quarter, with automotive and construction sectors remaining sluggish [45][46] Other Important Information - The accident frequency rate was reported at 0.67 DOT reportable accidents per million miles, below the national average [12] - The company experienced a decrease in BCO truck count by approximately 6% year over year, but the sequential count was flat, indicating stability [13][14] - Insurance and claims costs increased to $30.4 million in the second quarter, attributed to higher severity of trucking accidents [25][99] Q&A Session Summary Question: Clarification on SG&A outlook for Q3 - Management confirmed that the $3 million decline in SG&A would be off the reported $55.7 million, accounting for the reclassification impact [33][35] Question: Insights on end market performance - Management indicated that automotive remains sluggish, while sectors like data centers and heavy haul are performing positively [45][46] Question: Trends in heavy haul segment - Management expressed optimism about the heavy haul segment, noting broad-based demand across various industries [82][85] Question: Impact of ELP regulations on capacity - Management does not foresee significant exposure to ELP regulations, emphasizing a disciplined approach to recruiting and retaining BCOs [90][91] Question: Trends in insurance costs and claims - Management noted a slight increase in insurance costs due to higher accident severity, but achieved a flat renewal on insurance premiums [99][100]

Financial Data and Key Metrics Changes - Overall revenue decreased by 1% year over year, while truck revenue increased year over year for the first time since 2022 [6][9] - Truck revenue per load increased by 2.6% compared to the second quarter of 2024, with a sequential increase of 3.2% from the first quarter of 2025 [15][27] - Gross profit was $109.3 million compared to $120 million in the second quarter of 2024, with a gross profit margin of 9% [23][27] Business Line Data and Key Metrics Changes - Heavy haul revenue increased by 9% year over year, driven by a 5% increase in revenue per heavy haul load and a 4% increase in heavy haul volume [7][17] - Non-truck transportation service revenue decreased by 22% or $21 million compared to the second quarter of 2024, primarily due to a 20% decrease in ocean revenue per shipment [18][19] - Transportation Logistics segment revenue was down 1% year over year on a 2% decrease in loadings, partially offset by a 1% increase in revenue per load [19] Market Data and Key Metrics Changes - The freight environment in the second quarter of 2025 was characterized by soft demand, with truck capacity readily available and market conditions favoring shippers [8][9] - Revenue hauled on behalf of other truck transportation companies was 19% below the second quarter of 2024, indicating accessible capacity in the marketplace [21] - The U.S.-Mexico and U.S.-Canada cross-border businesses underperformed compared to domestic revenue performance [19] Company Strategy and Development Direction - The company remains focused on accelerating its business model and executing strategic growth initiatives despite ongoing challenges in the freight environment [6][9] - Continuous improvement in service and support for customers, agents, BCOs, and carriers is a priority [8] - The company is committed to investing in technology solutions and refreshing its fleet of trailing equipment [10][27] Management's Comments on Operating Environment and Future Outlook - Management noted ongoing challenges from volatile federal trade policy and inflation concerns but highlighted positive developments in heavy haul services [6][7] - The company will provide revenue commentary for the third quarter instead of formal guidance due to the uncertain economic environment [28] - Management expressed optimism about the performance of heavy haul services and the potential for recovery in the freight market [6][9] Other Important Information - The company reported an accident frequency rate of 0.67 DOT reportable accidents per million miles, below the national average [11] - Cash flow from operations for the first half of 2025 was $63 million, with significant capital returned to stockholders through dividends and share repurchases [27] Q&A Session Summary Question: Clarification on SG&A outlook for Q3 - Management confirmed that the SG&A outlook for Q3 should be adjusted based on the reclassification impact and the expected decline from the agent convention [33][34] Question: Insights on end market performance - Management indicated that automotive demand remains sluggish, while sectors like data centers and heavy haul are performing well [45][46] Question: Trends in insurance and claims costs - Management noted an increase in insurance and claims costs due to higher severity of trucking accidents and strategic cargo theft [25][92] Question: Heavy haul segment outlook - Management expressed confidence in the heavy haul segment's performance, noting broad-based demand across various industries [82][84] Question: Impact of new regulations on capacity - Management stated that they do not foresee unique exposure to new regulations affecting their BCO fleet, maintaining a disciplined approach to recruitment and retention [87][88] Question: Overall freight market trends - Management acknowledged the challenges in sustaining revenue per load increases, attributing fluctuations to unique circumstances in Q2 and tariff uncertainties [62][64] Question: Substitute line haul performance - Management indicated that demand for substitute line haul services is less diversified and influenced by a few key shippers, with expectations for a flat peak season [71][73] Question: Future of non-truck transportation services - Management noted a significant drop in non-truck transportation revenue, primarily due to tariff-related issues, with no immediate improvement expected [74]

Financial Performance - Revenue decreased slightly by 1.1%, from $1,225.0 million in 2Q 2024 to $1,211.4 million in 2Q 2025 [17] - Operating income decreased by 17.3%, from $68.1 million in 2Q 2024 to $56.3 million in 2Q 2025 [17] - Earnings per share decreased by 18.9%, from $1.48 in 2Q 2024 to $1.20 in 2Q 2025 [17] - Variable contribution margin decreased from 14.3% in 2Q 2024 to 14.1% in 2Q 2025 [37, 38] Truckload Operations - Truck revenue was $1.12 billion [22] - Truck loadings totaled 501,000 [22] - Truck revenue per load was $2,234 [22] Capacity Providers - Total available truck capacity providers were 77,358 as of June 28, 2025 [24] - BCO independent contractors numbered 7,844 as of June 28, 2025 [24] - The number of trucks provided by BCO independent contractors was 8,611 as of June 28, 2025 [24] Cash Flow and Returns - Net cash was $340.7 million as of June 28, 2025 [43] - Free cash flow was $58.4 million year-to-date [43] - Share repurchases totaled $102.3 million year-to-date [43]

[Q2 2025 Earnings Highlights](index=1&type=section&id=Q2%202025%20Earnings%20Highlights) [Financial Performance Summary and CEO Commentary](index=1&type=section&id=Financial%20Performance%20Summary%20and%20CEO%20Commentary) Landstar reported Q2 2025 diluted EPS of $1.20 on $1.211 billion revenue, with sequential improvements in truck revenue per load and BCO count Q2 2025 vs Q2 2024 Key Financials ($ in thousands, except EPS) | Metric | 2Q 2025 | 2Q 2024 | | :--- | :--- | :--- | | Revenue | $1,211,383 | $1,225,005 | | Gross profit | $109,261 | $119,996 | | Variable contribution | $170,450 | $175,131 | | Operating income | $56,280 | $68,059 | | Basic and diluted EPS | $1.20 | $1.48 | - Truck revenue per load increased **3.2%** sequentially compared to the 2025 first quarter, outperforming typical seasonality[2](index=2&type=chunk) - Net BCO truck count remained essentially **flat** sequentially, the best performance since the second quarter of 2022[2](index=2&type=chunk) [Capital Allocation and Shareholder Returns](index=1&type=section&id=Capital%20Allocation%20and%20Shareholder%20Returns) Landstar returned capital to stockholders, repurchasing 300,141 shares for $42.4 million in Q2 2025 and declaring a $0.40 per share dividend Stock Repurchase Program (Q2 2025 & YTD) (Shares, $ in millions) | Period | Shares Purchased | Aggregate Cost | | :--- | :--- | :--- | | 2025 Second Quarter | 300,141 | $42.4 million | | Twenty-six weeks ended June 28, 2025 | 686,459 | $103.3 million | - Company is authorized to purchase up to an additional **1,861,522 shares** under its share purchase program[5](index=5&type=chunk) - Quarterly dividend of **$0.40 per share** declared, payable on September 9, 2025[5](index=5&type=chunk) [Detailed Financial and Operational Review](index=2&type=section&id=Detailed%20Financial%20and%20Operational%20Review) [Revenue Analysis by Segment](index=2&type=section&id=Revenue%20Analysis%20by%20Segment) Total revenue for Q2 2025 was $1.211 billion, a slight decrease, with truck transportation dominating despite mixed equipment performance Total Revenue Q2 2025 vs Q2 2024 ($ in millions) | Metric | 2Q 2025 | 2Q 2024 | | :--- | :--- | :--- | | Total Revenue | $1,211 million | $1,225 million | Revenue by Transportation Type (Q2 2025 vs Q2 2024) ($ in millions) | Transportation Type | 2Q 2025 Revenue | 2Q 2024 Revenue | 2Q 2025 % of Total | 2Q 2024 % of Total | | :--- | :--- | :--- | :--- | :--- | | Truck transportation (BCOs & brokerage) | $1,118 million | $1,106 million | 92% | 90% | | Van equipment | $591 million | $619 million | - | - | | Unsided/platform equipment | $401 million | $381 million | - | - | | Other truck transportation | $101 million | $78 million | - | - | | Rail, air and ocean cargo carriers | $73 million | $94 million | 6% | 8% | [Profitability Metrics](index=2&type=section&id=Profitability%20Metrics) Gross profit and variable contribution both decreased in Q2 2025 compared to Q2 2024, indicating reduced overall profitability Gross Profit and Variable Contribution (Q2 2025 vs Q2 2024) ($ in millions) | Metric | 2Q 2025 | 2Q 2024 | | :--- | :--- | :--- | | Gross profit | $109 million | $120 million | | Variable contribution | $170 million | $175 million | [Balance Sheet and Financial Health](index=2&type=section&id=Balance%20Sheet%20and%20Financial%20Health) Landstar maintains a strong balance sheet with $426 million in cash and short-term investments, reporting **17% return on equity** and **16% return on invested capital** - Cash and short-term investments of approximately **$426 million** as of June 28, 2025[9](index=9&type=chunk) - Trailing twelve-month return on average shareholders' equity was **17%**[9](index=9&type=chunk) - Return on invested capital, representing net income divided by the sum of average equity plus average debt, was **16%**[9](index=9&type=chunk) [Key Operational Metrics](index=2&type=section&id=Key%20Operational%20Metrics) Truck revenue per load increased by 2.6% year-over-year in Q2 2025, despite a 1.5% decline in loads hauled, while capacity providers decreased - Truck revenue per load increased **2.6%** in the 2025 second quarter as compared to the 2024 second quarter[7](index=7&type=chunk) - The number of loads hauled via truck declined **1.5%** over the same period (2Q 2025 vs 2Q 2024)[7](index=7&type=chunk) Key Operational Metrics (Q2 2025 vs Q2 2024) (Counts, $) | Metric | 2Q 2025 | 2Q 2024 | | :--- | :--- | :--- | | Total truck transportation loads | 500,510 | 507,950 | | Total loads | 515,770 | 523,700 | | Revenue per load (Total truck transportation) | $2,234 | $2,177 | | BCO Independent Contractors | 7,844 | 8,385 | | Approved and active Truck Brokerage Carriers | 41,842 | 45,382 | | Trucks provided by BCO Independent Contractors | 8,611 | 9,180 | [Corporate Information and Disclosures](index=3&type=section&id=Corporate%20Information%20and%20Disclosures) [About Landstar System, Inc.](index=3&type=section&id=About%20Landstar%20System,%20Inc.) Landstar System, Inc. is a technology-enabled, asset-light provider of integrated transportation management solutions, headquartered in Jacksonville, Florida - Landstar is a **technology-enabled, asset-light** provider of integrated transportation management solutions[11](index=11&type=chunk) - Delivers safe, specialized transportation services utilizing a network of agents, third-party capacity providers, and employees[11](index=11&type=chunk) - Certified to **ISO 9001:2015** quality management system standards and **RC14001:2015** environmental, health, safety and security management system standards[11](index=11&type=chunk) [Non-GAAP Financial Measures Explanation](index=3&type=section&id=Non-GAAP%20Financial%20Measures%20Explanation) The company uses non-GAAP measures like variable contribution to provide insights into variable costs, facilitate peer comparisons, and aid decision-making - Variable contribution and variable contribution margin are presented as **non-GAAP financial measures**[12](index=12&type=chunk) - These measures are useful for understanding underlying trends, facilitating comparisons with peer companies, and assisting management in decision-making[13](index=13&type=chunk) [Forward-Looking Statements Disclaimer](index=4&type=section&id=Forward-Looking%20Statements%20Disclaimer) The press release contains forward-looking statements subject to various uncertainties and risks, including demand, accidents, third-party dependence, and regulatory changes - Statements not based on historical facts are '**forward-looking statements**' and are subject to uncertainties and risks[14](index=14&type=chunk) - Risks include decreased demand, accidents, dependence on third-party insurance/agents/capacity providers, competition, system disruptions, cyber incidents, and regulatory changes[14](index=14&type=chunk) - The Company undertakes no obligation to publicly update or revise any forward-looking statements[14](index=14&type=chunk) [Investor Relations and Corporate Contact](index=3&type=section&id=Investor%20Relations%20and%20Corporate%20Contact) Landstar will host a live webcast of its quarterly earnings conference call, with details available on its investor relations website - A live webcast of the quarterly earnings conference call is available at www.investor.landstar.com[10](index=10&type=chunk) - Contact for investor inquiries: Jim Todd, Chief Financial Officer, 904-398-9400[11](index=11&type=chunk) [Unaudited Financial Statements](index=5&type=section&id=Unaudited%20Financial%20Statements) [Consolidated Statements of Income](index=5&type=section&id=Consolidated%20Statements%20of%20Income) Presents unaudited consolidated statements of income for the thirteen and twenty-six weeks ended June 28, 2025, detailing key financial metrics Consolidated Statements of Income (Thirteen Weeks Ended) ($ in thousands, except EPS and Dividends per share) | Metric | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | Revenue | $1,211,383 | $1,225,005 | | Investment income | $3,729 | $3,654 | | Total costs and expenses | $1,158,832 | $1,160,600 | | Operating income | $56,280 | $68,059 | | Income before income taxes | $55,582 | $69,734 | | Net income | $41,893 | $52,624 | | Basic and diluted earnings per share | $1.20 | $1.48 | | Dividends per common share | $0.40 | $0.33 | Consolidated Statements of Income (Twenty-Six Weeks Ended) ($ in thousands, except EPS and Dividends per share) | Metric | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | Revenue | $2,363,885 | $2,396,048 | | Investment income | $7,327 | $7,066 | | Total costs and expenses | $2,275,513 | $2,275,094 | | Operating income | $95,699 | $128,020 | | Income before income taxes | $95,160 | $131,306 | | Net income | $71,699 | $99,720 | | Basic and diluted earnings per share | $2.05 | $2.79 | | Dividends per common share | $0.76 | $0.66 | [Consolidated Balance Sheets](index=6&type=section&id=Consolidated%20Balance%20Sheets) Provides unaudited consolidated balance sheets as of June 28, 2025, and December 28, 2024, outlining assets, liabilities, and equity Consolidated Balance Sheets (June 28, 2025 vs December 28, 2024) ($ in thousands) | Item | June 28, 2025 | December 28, 2024 | | :--- | :--- | :--- | | **ASSETS** | | | | Cash and cash equivalents | $359,237 | $515,018 | | Short-term investments | $66,935 | $51,619 | | Total current assets | $1,237,346 | $1,319,867 | | Total assets | $1,699,644 | $1,813,311 | | **LIABILITIES AND SHAREHOLDERS' EQUITY** | | | | Total current liabilities | $619,139 | $673,154 | | Long-term debt, excluding current maturities | $54,677 | $69,191 | | Total shareholders' equity | $921,826 | $972,439 | | Total liabilities and shareholders' equity | $1,699,644 | $1,813,311 | [Reconciliation of Gross Profit to Variable Contribution](index=9&type=section&id=Reconciliation%20of%20Gross%20Profit%20to%20Variable%20Contribution) Details the reconciliation of gross profit to variable contribution for the thirteen and twenty-six weeks ended June 28, 2025, clarifying revenue cost components Reconciliation of Gross Profit to Variable Contribution (Thirteen Weeks Ended) ($ in thousands, except percentages) | Metric | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | Revenue | $1,211,383 | $1,225,005 | | Variable costs of revenue | $1,040,933 | $1,049,874 | | Other costs of revenue | $61,189 | $55,135 | | Total costs of revenue | $1,102,122 | $1,105,009 | | Gross profit | $109,261 | $119,996 | | Gross profit margin | 9.0% | 9.8% | | Variable contribution | $170,450 | $175,131 | | Variable contribution margin | 14.1% | 14.3% | Reconciliation of Gross Profit to Variable Contribution (Twenty-Six Weeks Ended) ($ in thousands, except percentages) | Metric | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | Revenue | $2,363,885 | $2,396,048 | | Variable costs of revenue | $2,032,125 | $2,052,677 | | Other costs of revenue | $124,194 | $109,473 | | Total costs of revenue | $2,156,319 | $2,162,150 | | Gross profit | $207,566 | $233,898 | | Gross profit margin | 8.8% | 9.8% | | Variable contribution | $331,760 | $343,371 | | Variable contribution margin | 14.0% | 14.3% | [Supplemental Operational Data Tables](index=7&type=section&id=Supplemental%20Operational%20Data%20Tables) Presents detailed supplemental operational data, including revenue by transportation type, loads, revenue per load, and truck capacity providers Revenue Generated Through (Thirteen Weeks Ended) ($ in thousands) | Transportation Type | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | Van equipment | $591,276 | $618,940 | | Unsided/platform equipment | $400,862 | $380,950 | | Less-than-truckload | $25,313 | $28,090 | | Other truck transportation | $100,687 | $77,709 | | Total truck transportation | $1,118,138 | $1,105,689 | | Rail intermodal | $22,028 | $22,307 | | Ocean and air cargo carriers | $50,789 | $71,306 | | Other | $20,428 | $25,703 | | Total Revenue | $1,211,383 | $1,225,005 | Number of Loads (Thirteen Weeks Ended) (Number of Loads) | Transportation Type | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | Van equipment | 284,091 | 300,959 | | Unsided/platform equipment | 128,996 | 126,460 | | Less-than-truckload | 41,250 | 42,617 | | Other truck transportation | 46,173 | 37,914 | | Total truck transportation | 500,510 | 507,950 | | Rail intermodal | 7,820 | 7,230 | | Ocean and air cargo carriers | 7,440 | 8,520 | | Total Loads | 515,770 | 523,700 | | Loads hauled via BCO Independent Contractors | 203,930 | 213,560 | Revenue per Load (Thirteen Weeks Ended) ($) | Transportation Type | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | Van equipment | $2,081 | $2,057 | | Unsided/platform equipment | $3,108 | $3,012 | | Less-than-truckload | $614 | $659 | | Other truck transportation | $2,181 | $2,050 | | Total truck transportation | $2,234 | $2,177 | | Rail intermodal | $2,817 | $3,085 | | Ocean and air cargo carriers | $6,826 | $8,369 | | Revenue per load on loads hauled via BCO Independent Contractors | $2,263 | $2,180 | Truck Capacity Providers (June 28, 2025 vs June 29, 2024) (Counts) | Capacity Type | June 28, 2025 | June 29, 2024 | | :--- | :--- | :--- | | BCO Independent Contractors | 7,844 | 8,385 | | Approved and active Truck Brokerage Carriers | 41,842 | 45,382 | | Other approved Truck Brokerage Carriers | 27,672 | 25,450 | | Total available truck capacity providers | 77,358 | 79,217 | | Trucks provided by BCO Independent Contractors | 8,611 | 9,180 |