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2003 Institutional Investors Conference

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February 28, 2003 Jacksonville, FL (NASDAQ:LSTR) - Landstar System, Inc., a safety-first transportation company, announced today its participation in Raymond James & Associates 2003 Institutional Investor Conference March 3rd through the 5th in Orlando, Florida. Landstar Chairman and CEO, Jeff Crowe and Landstar President and COO, Henry Gerkens will present an overview of the company, including its variable cost non-asset based business model.

Landstar's presentation begins on Tuesday, March 4th at 2:40 pm and will be broadcast live via the Internet at http://customer.nvglb.com/RaymondJames/Institutional. For more information about the presentation or webcast, please contact Landstar's Corporate Communications Department at 904-390-1641.

Landstar System, Inc. is headquartered in Jacksonville, Florida. The Landstar carrier group, comprised of Landstar Gemini, Inc., Landstar Inway, Inc., Landstar Ligon, Inc. and Landstar Ranger, Inc., delivers excellence in complete over-the-road safe transportation services. The Landstar multimodal group, comprised of Landstar Express America, Inc. and Landstar Logistics, Inc., delivers excellence in expedited, contract logistics and intermodal transportation services. All Landstar operating companies are certified to ISO 9001:2000 quality management system standards. Landstar System, Inc.'s common stock trades on The NASDAQ Stock MarketĀ® under the symbol LSTR.