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Landstar System Expects To Meet Or Exceed Analyst Consensus Estimates For The 2000 Fourth Quarter

December 5, 2000 Jacksonville, FL - Landstar System, Inc. (NASDAQ: LSTR) announced today it expects earnings for the 2000 fourth quarter will be between $1.70 to $1.85 per diluted share. Landstar expects revenue to be approximately the same as the 1999 fourth quarter or approximately 8% over the 2000 third quarter revenue. The Company anticipates a slight decline in 2000 fourth quarter operating margin and its overall effective income tax rate for fiscal year 2000 to be approximately 38.5%.

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Landstar Names Stickles Employee of the Month

November 10, 2000 Jacksonville, Florida (LSTR) - Landstar System, Inc., a safety-first transportation and information services company, has named Mary Louise Stickles, Support Specialist in Information Services, Employee of the Month for November, 2000.

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Landstar Announces Customer Secured Freight Tracking System

November 2, 2000 Jacksonville, FL - Landstar System Inc., a safety-first transportation and information services company, launched today a new customer-secured tracking and tracing system that provides customers with completely secured access to the information concerning their shipments.

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Landstar Honors Two Three Million, 11 Two Million and 64 One Million Mile Safe Drivers

October 31, 2000 Jacksonville, Florida - Landstar System, Inc., a safety-first transportation and information services company, has recognized two Three Million, 11 Two Million and 64 One Million Mile Safe Drivers. The 77 business capacity owners were honored for their professionalism and outstanding safety records at a recent awards banquet in Jacksonville, Florida. The ceremony is part of Landstar's Annual Appreciation Days, when the company hosts a week-long open house, National Safe Truck Driving Championship, safety and technology seminars and small business workshops.

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Landstar Names White Employee of the Month

October 15, 2000 Jacksonville, Florida (LSTR) - Landstar System, Inc., a safety first transportation and information services company, has named Gloria White, Lead Payroll Clerk, Employee of the Month for October, 2000.

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Landstar System Reports Third Quarter Earnings Of $1.45 Per Diluted Share Before Non-Recurring Charge

October 12, 2000 Jacksonville, FL - Landstar System, Inc. (NASDAQ-AMEX: LSTR) reported 2000 third quarter net income excluding a previously announced one-time, $2.2 million pre-tax, non-recurring charge for the withdrawal from a union-sponsored pension plan of $12.9 million, or $1.45 per diluted share, compared with net income of $12.1 million, or $1.20 per diluted share, in the 1999 third quarter. Including the one-time charge for the withdrawal liability, net income amounted to $11.5 million, or $1.30 per diluted share in the 2000 third quarter. Operating margin excluding the non-recurring charge was 6.7 percent in the 2000 third quarter compared to 6.2 percent in the 1999 third quarter. Revenue was $352.4 million for the quarter ended September 23, 2000 versus revenue of $351.5 million for the quarter ended September 25, 1999.

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