Landstar makes Forbes honor roll again

Landstar System Inc, a non-asset-based provider of transportation capacity and logistics services, was rated America's Best Managed Company in the Transportation category by Forbes magazine. The year 2007 marks the eighth consecutive year that Landstar has been listed among Forbes Platinum 400 List of the Best Big Companies in America.

On the Forbes web site, a feature article describes Landstar's unique non-asset based business model and outlines the company's goals to go global. Landstar is ranked 41st in the 400 companies selected, based in part on the 37.9 percent five-year return on Landstar's common stock.

Forbes editors say the Platinum 400 were chosen from a search of 1,000 publicly traded companies with at least $1 billion in revenue and a stock price of at least $5 per share. The pool of companies included both American and foreign corporations with a significant presence in the United States.