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Institutional Investors Conference and Announces Its Mid-Quarter Conference Call

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Jacksonville, FL (NASDAQ:LSTR) - Landstar System, Inc., a safety-first transportation and information services company, announced today its participation in Raymond James & Associates 2001 Institutional Investors Conference March 5th through the 7th in Orlando, Florida. Landstar Chairman, President and CEO Jeff Crowe and Landstar Executive Vice President and CFO Henry Gerkens will present an overview of the company, including its variable cost non-asset based business model, 2000 financial results and 2001 economic outlook.

Landstar's presentation begins on March 6th at 8:05 a.m. and will be broadcast live via the Internet at http://webevents.broadcast.com/raymondjames/030501. For more information about the presentation or webcast, please contact Landstar's Corporate Communications Department at 904-390-1641.

Landstar also announced it will provide a live webcast of its first quarter mid-quarter update conference call Friday, March 9, 2001 at 2:00 pm EST. To access the webcast visit the Company's website at www.landstar.com. Click on Investor Relations and then on the microphone at the top of the page. StreetEvents.com will also carry the broadcast live.

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 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.