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Landstar Promotes LaRose to Executive Vice President, Chief Financial Officer and Secretary
01/31/05
08:42 AM EST

JACKSONVILLE, Fla., Jan 31, 2005 /PRNewswire-FirstCall via COMTEX/ -- Landstar System, Inc. (Nasdaq: LSTR), a safety-first non-asset-based provider of transportation capacity, announced today the promotion of Landstar Vice President, Chief Financial Officer and Secretary Bob LaRose to Executive Vice President, Chief Financial Officer and Secretary effective immediately.

LaRose, who joined Landstar in 1989 as Vice President of Finance and Controller, is responsible for safeguarding the Company's assets, and managing the entire financial and administrative operation for the $2 billion transportation capacity provider.

"Bob has been with us since the beginning," said Landstar President and CEO Henry Gerkens. "In addition to his impeccable integrity and work ethic, he is a solution-oriented leader and an integral player in our success story. His promotion is well-deserved."

LaRose was promoted to Chief Financial Officer and Secretary in 2001. He began his career in finance in 1977 at Arthur Young and is a certified public accountant. LaRose earned his Bachelor of Science degree in Accounting at New York University. He lives in Ponte Vedra Beach, Florida with his wife Kathy and their two children.

Landstar System, Inc. contracts with more than 23,000 third-party capacity providers and 1,000 independent sales agents to deliver complete transportation and logistics services to shippers throughout North America. In 2005, Landstar topped Forbes' list of "America's Best Big Companies" in the Transportation category marking the sixth consecutive year the Company has made the list.

The Company identifies and fulfills shippers' needs through the coordination of individual businesses comprised of independent sales agents and third-party transportation capacity providers. Landstar's carrier group, which is comprised of Landstar Gemini, Inc., Landstar Inway, Inc., Landstar Ligon, Inc., Landstar Ranger, Inc. and Landstar Carrier Services, Inc., delivers excellence in complete over-the-road transportation services. Landstar's multimodal group, which is comprised of Landstar Express America, Inc. and Landstar Logistics, Inc., provides expedited, contract logistics and intermodal transportation services. All Landstar operating companies are certified to ISO 9001:2000 quality management system standards. Landstar System, Inc.'s common stock trades on The Nasdaq Stock Market(R) under the symbol LSTR.

SOURCE Landstar System, Inc.

Donna Mellion of Landstar System, Inc., +1-904-390-1641
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