Landstar Investigates Supply Chain Fraud
This is a Dallas news story, published by Yahoo Finance, that relates primarily to Landstar System Inc. news.
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Landstar anticipates fraud-related earnings hit
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Landstar System Inc. (NASDAQ:LSTR) has found itself at the center of a significant supply chain fraud investigation, leading to a major revision of its first-quarter 2025 earnings guidance.
Investors have responded to the revelation, with Landstar ’s stock taking a hit over the past 24 hours .
As of Thursday , company shares have dropped 7.87% , falling $ 11.95 to $ 139.98 .
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