JACKSONVILLE, Fla., Aug 27, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Landstar System, Inc., (Nasdaq: LSTR) a safety-first non-asset based provider of transportation capacity and logistics services, announced today that its Board of Directors has authorized the purchase of up to an additional 2,000,000 shares of its common stock from time to time in the open market and in privately negotiated transactions.

The new share purchase program authorization comes as Landstar has purchased, during the months of July and August, the remaining 1,320,786 shares of its common stock available under a previous authorization. As of August 24, 2007, Landstar has 53,753,556 shares of common stock outstanding. Since January 1997, the Company has purchased 59,432,000 shares of its common stock, adjusted to reflect all previous stock splits, at an aggregate cost of approximately $714,368,000.

"Our ability to expand our share purchase program directly results from the success of the Landstar business model in generating free cash flow from operations," said Landstar President and Chief Executive Officer, Henry Gerkens.

About Landstar:

Landstar System, Inc. delivers safe, specialized transportation 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 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 global logistics group, which is comprised of Landstar Global Logistics, Inc. and its subsidiary Landstar Express America, Inc., provides international and domestic multimodal (over-the-road, air, ocean and rail) transportation, expedited, contract logistics and warehousing services. 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.

http://www.landstar.com