UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 22, 2017
LANDSTAR SYSTEM, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 021238 | 06-1313069 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) | ||
| 13410 Sutton Park Drive South, Jacksonville, Florida | 32224 | |||
| (Address of principal executive offices) | (Zip Code) | |||
(904) 398-9400
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01 | Other Events |
Landstar System, Inc. (NASDAQ: LSTR), together with its subsidiaries (the “Company”), issued a press release on Friday, September 22, 2017, announcing that it has expanded its operations with the opening of Landstar Metro, based in Mexico City, Mexico. Landstar Metro provides transportation logistics services within Mexico and commences operations after acquiring certain assets from Metro Logistics, a privately held Mexican carrier. A copy of the press release is attached hereto as Exhibit 99.1.
| Item 9.01 | Financial Statements and Exhibits |
| Exhibits |
||
| 99.1 | Press Release dated September 22, 2017 of Landstar System, Inc. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LANDSTAR SYSTEM, INC. | ||||||
| Date: September 25, 2017 | By: | /s/ L. Kevin Stout | ||||
| Name: | L. Kevin Stout | |||||
| Title: | Vice President and Chief Financial Officer | |||||
Exhibit 99.1
| For Immediate Release | Media Contact: | Ginger Jewell | ||||
| September 22, 2017 | (904) 390-1457 | |||||
| gjewell@landstar.com |
LANDSTAR EXPANDS MEXICO OPERATIONS
WITH OPENING OF LANDSTAR METRO
Landstar Metro Provides Intra-Mexico Transportation Logistics Services
Jacksonville, Fla. - Landstar System, Inc. (NASDAQ:LSTR), a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services, today announced it has opened Landstar Metro in Mexico City, Mexico as part of its expanded Mexico services.
The new operation provides Mexico freight and logistics services within the country of Mexico and in conjunction with Landstar’s U.S. / Mexico cross-border services at 11 border-crossing points. Landstar Metro is a full-service transportation logistics provider with access to truckload, less-than-truckload and expedite third-party capacity, with the benefits of Landstar’s North American freight transportation network and management services.
“With Landstar Metro, we have added the final piece – in-country freight management services — to our cross-border and Mexico freight transportation operations,” said Landstar Transportation Logistics Executive Vice President of Operations Eric Meyer. “Opening a location in Mexico enables Landstar to seamlessly serve the needs of our customers throughout North America.”
Landstar has provided Mexico cross-border services for more than 20 years. In January 2017, the company opened its state-of-the-art Landstar U.S./Mexico Logistics Service Center in Laredo, Texas. This 31,000-square-foot logistics facility is on a highly secured, 50-acre C-TPAT certified site that includes a 30-bay cross-dock and transload facility, and a custom-designed 120-ton, stand-alone bridge crane for heavy/specialized freight.
Landstar’s complete Mexico service offerings include truckload, rail, LTL, transload and customs brokerage. Manufacturers and shippers that want more information about Landstar’s intra-Mexico and cross-border services can email mexicosales@landstar.com or call 1-800-872-9474.
About Landstar
Landstar System, Inc. is a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation services to a broad range of customers utilizing a network of agents, third-party capacity providers and employees. Landstar transportation services companies are certified to ISO 9001:2008 quality management system standards and RC14001:2013 environmental, health, safety and security management system standards. Landstar System, Inc. (www.landstar.com) is headquartered in Jacksonville, Florida. Its common stock trades on The NASDAQ Stock Market® under the symbol LSTR.
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