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<SEC-DOCUMENT>0001299933-08-004206.txt : 20080905
<SEC-HEADER>0001299933-08-004206.hdr.sgml : 20080905
<ACCEPTANCE-DATETIME>20080905165348
ACCESSION NUMBER:		0001299933-08-004206
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20080903
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20080905
DATE AS OF CHANGE:		20080905

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LANDSTAR SYSTEM INC
		CENTRAL INDEX KEY:			0000853816
		STANDARD INDUSTRIAL CLASSIFICATION:	TRUCKING (NO LOCAL) [4213]
		IRS NUMBER:				061313069
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1226

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-21238
		FILM NUMBER:		081059102

	BUSINESS ADDRESS:	
		STREET 1:		13410 SUTTON PARK DRIVE SOUTH
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32224
		BUSINESS PHONE:		9043901234

	MAIL ADDRESS:	
		STREET 1:		LANDSTAR SYSTEM INC
		STREET 2:		13410 SUTTON PARK DRIVE SOUTH
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32224
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_28840.htm
<DESCRIPTION>LIVE FILING
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<TITLE> Landstar System, Inc. (Form: 8-K) </TITLE>
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		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
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	WASHINGTON, D.C. 20549
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	FORM 8-K
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	CURRENT REPORT
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	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	September 3, 2008
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	Landstar System, Inc.
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<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
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	Delaware
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	0-21238
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	06-1313069
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_____________________<BR>
	(State or other jurisdiction
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_____________<BR>
	(Commission
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______________<BR>
	(I.R.S. Employer
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	of incorporation)
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	File Number)
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	Identification No.)
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	13410 Sutton Park Drive South, Jacksonville, Florida
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	&nbsp;
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	32224
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_________________________________<BR>
	(Address of principal executive offices)
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	&nbsp;
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___________<BR>
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	Registrant&#146;s telephone number, including area code:
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	904-398-9400
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	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
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	&nbsp;
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<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
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:</FONT>
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<P><FONT SIZE="2">
[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<B>
	Item 8.01 Other Events.
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On September 5, 2008, Landstar System, Inc. (the "Company") issued a press release regarding a recent decision by the United States Court of Appeals for the Eleventh Circuit in the case involving the Company, certain of its subsidiaries, the Owner-Operator Independent Drivers Association, Inc. and certain independent contractors who provide truck capacity to the Company and its subsidiaries under exclusive lease arrangements.  A copy of the press release is attached hereto as Exhibit 99.1.
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	Item 9.01 Financial Statements and Exhibits.
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Press release, dated September 5, 2008, entitled "Appellate Court Issues Key Rulings in OOIDA Lawsuit."
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	SIGNATURES
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	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.
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	Landstar System, Inc.
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	&nbsp;&nbsp;
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<I>
	September 5, 2008
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	&nbsp;
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<I>
	By:
</I>
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	&nbsp;
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<I>
	James B. Gattoni
</I>
<BR>
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	&nbsp;
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<I>
	Name: James B. Gattoni
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	Title: Vice President and Chief Financial Officer
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	Exhibit&nbsp;Index
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	Exhibit No.
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	99.1
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<FONT SIZE="2">
Appellate Court Issues Key Rulings in OOIDA Lawsuit
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<P align="left" style="font-size: 10pt"><FONT style="font-size: 12pt"><U>For Immediate Release</U>
</FONT>

<P align="right" style="font-size: 12pt">Contact: Jim Gattoni<BR>
Landstar System, Inc.<BR>
www.landstar.com<BR>
904-398-9400



<P align="left" style="font-size: 12pt">September&nbsp;5, 2008


<P align="center" style="font-size: 12pt"><B>Appellate Court Issues</B></FONT><FONT style="font-size: 14pt"> </FONT><FONT style="font-size: 12pt"><B>Key Rulings in OOIDA Lawsuit</B></FONT>



<P align="left" style="font-size: 12pt">Jacksonville, FL &#150; Landstar System, Inc. (NASDAQ: LSTR) a safety-first non-asset based provider of
transportation capacity and logistics services, announced today that the United States Court of
Appeals for the Eleventh Circuit issued its rulings in a pending case involving four former
Landstar Business Capacity Owners (BCOs) and the Owner-Operator Independent Drivers Association,
Inc. (&#147;OOIDA&#148;). BCO is the Landstar term used to refer to the independent owner-operator small
business owners who supply the Company with the truck capacity used to haul freight under exclusive
lease arrangements.


<P align="left" style="font-size: 12pt">At issue in the lawsuit are voluntary programs Landstar offers to its BCOs to enable them to buy
discounted products and services that are then &#147;charged-back&#148; against the BCO&#146;s settlement
compensation. Landstar believes the key rulings of the Appellate Court are as follows:


<P align="left" style="font-size: 12pt">First, the Court&#146;s analysis confirmed that Landstar&#146;s current leases with its BCOs comply with the
federal leasing regulations and rejected OOIDA&#146;s argument that it is unlawful for Landstar to offer
programs that make these items available for purchase by BCOs for more than Landstar&#146;s third-party
costs. The Court also recognized that there is no dispute that all amounts charged-back to
Landstar BCOs for these products and services were accurate, as the charges were in the exact
amounts as disclosed in the leases.


<P align="left" style="font-size: 12pt">Second, the Court overturned a lower court ruling that had found that Landstar &#147;literally complied&#148;
with the applicable disclosure requirements of the federal leasing regulations. Instead, although
the Court held that Landstar was entitled to recoup its expenses in administering the programs, it
also held that even where the exact price for the product or service was stated in the BCO&#146;s lease
and verified on the BCO&#146;s settlement statement, the BCO is entitled to access documents reflecting
how the amount of each component of a specific charge was computed.


<P align="left" style="font-size: 12pt">Third, the Court affirmed the lower court ruling that decertified the class of plaintiffs for the
purposes of determining damages and ruled that in order for an individual plaintiff to recover any
amount in monetary damages in connection with a violation, the individual plaintiff must prove
&#147;actual damages&#148; sustained as a result of a violation.


<P align="left" style="font-size: 12pt">&#147;Landstar is overall very pleased with this decision,&#148; according to Michael Kneller, Landstar Vice
President and General Counsel. &#147;The Eleventh Circuit upheld what we believe are the key elements
of the District Court&#146;s ruling, which affirmed the validity of Landstar&#146;s current lease and will
enable us to continue providing products and services that help our BCOs successfully run their
businesses. Although we respectfully disagree that additional disclosures may be required under
the federal leasing regulations and are evaluating whether to seek clarification or any further
appeal of that portion of the decision, Landstar will fully comply with any final order requiring
additional disclosures of any kind.&#148;


<P align="left" style="font-size: 12pt">Continued Kneller, &#147;Although no assurances can be given with respect to the outcome of the lawsuit,
Landstar believes that no plaintiff has sustained any actual damages as a result of any violation
at issue in this litigation and the plaintiffs will be unable to recover any damages or obtain any
injunctive relief following remand to the District Court that will have a material financial effect
on the Company.&#148;


<P align="left" style="font-size: 12pt">The following is a &#147;safe harbor&#148; statement under the Private Securities Litigation Reform Act of
1995. Statements contained in this press release that are not based on historical facts are
&#147;forward-looking statements&#148;. This press release contains forward-looking statements, such as
statements which relate to Landstar&#146;s business objectives, plans, strategies, expectations and
intentions. Terms such as &#147;anticipates,&#148; &#147;believes,&#148; &#147;estimates,&#148; &#147;intention,&#148; &#147;plans,&#148;
&#147;predicts,&#148; &#147;may,&#148; &#147;should,&#148; &#147;will,&#148; the negative thereof and similar expressions are intended to
identify forward-looking statements. Such statements are by nature subject to uncertainties and
risks, including but not limited to: an increase in the frequency or severity of accidents or
workers&#146; compensation claims; unfavorable development of existing claims; dependence on independent
sales agents; dependence on third-party capacity providers; disruptions or failures in our computer
systems; a downturn in domestic or international economic growth or growth in the transportation
sector; substantial industry competition; and other operational, financial or legal risks or
uncertainties detailed in Landstar&#146;s Form&nbsp;10K for the 2007 fiscal year, described in Item&nbsp;1A Risk
Factors, and other SEC filings from time to time. These risks and uncertainties could cause actual
results or events to differ materially from historical results or those anticipated. Investors
should not place undue reliance on such forward-looking statements, and Landstar undertakes no
obligation to publicly update or revise any forward-looking statements.


<P align="left" style="font-size: 12pt"><B>About Landstar:</B>
<BR>
Landstar System, Inc. delivers safe, specialized transportation and logistics services to a broad
range of customers worldwide. The Company identifies and fulfills shippers&#146; needs through the
coordination of individual businesses comprised of independent sales agents and third-party
transportation and logistics capacity providers. Through its operating subsidiaries, Landstar
delivers excellence in complete transportation logistics services and solutions. All Landstar
operating companies are certified to ISO 9001:2000 quality management system standards. Landstar
System, Inc. is headquartered in Jacksonville, Florida. Its common stock trades on The NASDAQ Stock
Market&#174; under the symbol LSTR.



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