JACKSONVILLE, Fla., March 12 /PRNewswire-FirstCall/ -- (Nasdaq: LSTR)
Landstar System, Inc., a safety-first non-asset based provider of
transportation and logistics services, ranked first in the Trucking Category
in Fortune magazine's 2009 list of "America's Most Admired Companies." The
recognition marks Landstar's sixth consecutive year on the list acknowledging
corporate excellence.
"We are proud to be ranked first on this prestigious list," said Landstar
President and CEO Henry Gerkens. "This ranking reflects the talent, hard work
and dedication of Landstar's independent sales agents, third-party capacity
providers and employees, who help make this recognition possible."
The selection of America's Most Admired Companies by Fortune and its
consulting partner, the Hay Group, is based on the revenue of the 1,000
largest U.S. companies, non-U.S. companies in Fortune's Global 500 database
with revenues of $10 billion or more, and the top foreign companies operating
in the U.S. A total of 689 companies from 28 countries were surveyed.
Hay Group asked executives, directors, and analysts to rate companies in
their own industry on nine criteria. Landstar ranked first in six of the nine
categories including innovation, people management, quality of management, use
of corporate assets, financial soundness and value as a long term investment.
Fortune's special report on America's Most Admired Companies appears in
the March 16, 2009 issue. The complete list can also be found on
www.money.cnn.com/magazines/fortune/mostadmired/2009/index.html
About Landstar:
Landstar System, Inc. delivers safe, specialized transportation and
logistics services to a broad range of customers worldwide. The Company
identifies and fulfills shippers' needs through the coordination of individual
businesses comprised of independent sales agents and third-party
transportation and logistics capacity providers. Through its operating
subsidiaries, Landstar delivers excellence in complete transportation
logistics services and solutions. All Landstar operating companies are
certified to ISO 9001:2000 quality management system standards. Landstar
System, Inc. is headquartered in Jacksonville, Florida. Its common stock
trades on The NASDAQ Stock Market(R) under the symbol LSTR.
SOURCE Landstar System, Inc.
CONTACT: Ginger Whitcher of Landstar System, Inc., +1-904-390-1457
Web Site: http://www.landstar.com
http://www.money.cnn.com/magazines/fortune/mostadmired/2009/index.html
(LSTR)