Landstar acquires two supply chain transportation integration firms

Cybergal

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Landstar acquires two supply chain transportation integration firms

Landstar System Inc. announced the acquisition of two supply chain transportation integration companies, Premier Logistics Inc. and A3 Integration LLC. During the 2009 second quarter, Landstar incurred about $2.0 million in costs related to these acquisitions. These one-time acquisition related expenses will be reflected in the 2009 second-quarter income statement and will reduce the 2009 second-quarter diluted earnings per share by about $.02 per diluted share. The company expects that the acquisitions will not have a material effect on its revenue and earnings for the third and fourth quarters of 2009.

Landstar acquires two supply chain transportation integration firms - CCJ Magazine