UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) May 23, 2008

LANDSTAR SYSTEM, INC.

(Exact name of registrant as specified in its charter)

Delaware		021238		06-1313069
(State or other jurisdiction		(Commission		(I.R.S. Employer
of incorporation)		File Number)		Identification No.)

13410 Sutton Park Drive South, Jacksonville, Florida		32224
(Address of principal executive offices)		(Zip Code)

(904) 398-9400
(Registrant’s telephone number, including area code)

N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 7.01 Regulation FD Disclosure

Historically, the Company reported the results of three individual operating segments: the carrier segment, the global logistics segment and the insurance segment. Beginning in the thirteen-week period ended March 29, 2008, the Company revised the presentation format of its segment disclosure to consolidate the previously reported three segments to two segments: the transportation logistics segment and the insurance segment. This change in segment reporting reflected increased centralization and consolidation of the administrative and sales functions across all of the Company’s operating subsidiaries and the increased similarity of the services provided by the operations of the Company’s various operating subsidiaries, primarily with respect to truck brokerage services. As a result of this change in presentation, the revenue and operating results formerly separated into the carrier and global logistics segments, together with corporate overhead, which was previously included as “other” in the segment information, were consolidated into the transportation logistics segment. This change in segment reporting had no impact on the Company’s consolidated balance sheets, income statements, cash flows or changes in shareholders’ equity for any periods. This change in segment reporting also had no impact on financial reporting with respect to the Company’s insurance segment.

Attached hereto as Exhibit 99.1 is supplemental financial information for the revised presentation format of the Company’s segment disclosure for each fiscal quarter of 2006 and 2007.

The information furnished under Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933.

Exhibits
	99.1			Landstar System, Inc. — Schedule of Supplemental Financial Information

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Exhibit 99.1

Landstar System, Inc.
Supplemental Financial Information
(unaudited)

		Thirteen Weeks Ended																Fifty Two				Thirteen Weeks Ended																Fifty Two
																		Weeks Ended																				Weeks Ended
		April 1,				July 1,				Sept 30,				Dec 30,				Dec 30,				Mar 31,				June 30,				Sep 29,				Dec 29,				Dec 29,
		2006				2006				2006				2006				2006				2007				2007				2007				2007				2007
Revenue generated through (in thousands) (1):
Business Capacity Owners (2)		$	320,434			$	358,001			$	344,628			$	328,631			$	1,351,694			$	320,533			$	364,171			$	351,451			$	340,928			$	1,377,083
Truck Brokerage Carriers			210,646				217,384				226,084				217,020				871,134				205,897				217,070				225,300				236,310				884,577
Rail intermodal			27,239				29,607				31,619				34,191				122,656				26,971				30,706				34,254				41,947				133,878
Ocean carriers			3,410				4,148				4,546				4,918				17,022				5,970				5,569				7,152				7,807				26,498
Air carriers			4,560				4,674				3,881				2,876				15,991				4,615				6,191				4,606				4,280				19,692
Other (3)			43,753				29,424				38,439				23,643				135,259				12,663				9,245				12,048				11,593				45,549
		$	610,042			$	643,238			$	649,197			$	611,279			$	2,513,756			$	576,649			$	632,952			$	634,811			$	642,865			$	2,487,277
Number of loads:
Business Capacity Owners (2)			208,030				226,830				213,910				203,110				851,880				205,600				227,770				213,350				210,480				857,200
Truck Brokerage Carriers			139,510				144,140				146,280				139,430				569,360				137,820				151,030				152,160				147,650				588,660
Rail intermodal			11,940				14,100				14,500				15,110				55,650				12,100				14,660				16,480				19,480				62,720
Ocean carriers			890				1,090				800				900				3,680				1,040				1,060				1,230				1,290				4,620
Air carriers			1,840				2,490				2,440				2,020				8,790				3,280				3,160				2,820				2,340				11,600
			362,210				388,650				377,930				360,570				1,489,360				359,840				397,680				386,040				381,240				1,524,800
Revenue per load (4):
Business Capacity Owners (2)		$	1,540			$	1,578			$	1,611			$	1,618			$	1,587			$	1,559			$	1,599			$	1,647			$	1,620			$	1,606
Truck Brokerage Carriers			1,510				1,508				1,546				1,556				1,530				1,494				1,437				1,481				1,600				1,503
Rail intermodal			2,281				2,100				2,181				2,263				2,204				2,229				2,095				2,079				2,153				2,135
Ocean carriers			3,831				3,806				5,683				5,464				4,626				5,740				5,254				5,815				6,052				5,735
Air carriers			2,478				1,877				1,591				1,424				1,819				1,407				1,959				1,633				1,829				1,698