Tight truckload capacity should provide strong pricing tailwinds for Landstar in 2018.
In the fourth quarter, wide-moat highway broker Landstar’s total gross revenue increased a robust 18% year over year and came in ahead of our expectations because of higher-than-anticipated pricing gains. A rapid rebound in spot-pricing conditions across the truckload industry in the second half of 2017 (driven by materially tightening capacity) and broad-based demand improvement (dry van and flatbed) drove the revenue increase. The underlying market improvement isn’t a surprise, but we didn’t e...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.