<SEC-DOCUMENT>0001299933-11-002875.txt : 20110926
<SEC-HEADER>0001299933-11-002875.hdr.sgml : 20110926
<ACCEPTANCE-DATETIME>20110926112555
ACCESSION NUMBER:		0001299933-11-002875
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110923
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20110926
DATE AS OF CHANGE:		20110926

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:		111106608

	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_43048.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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	September 23, 2011
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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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	32224
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_________________________________<BR>
	(Address of principal executive offices)
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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
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	Former name or former address, if changed since last report
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	&nbsp;
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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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[&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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<P align="left" style="font-size: 10pt"><FONT style="font-size: 8pt"><B>&nbsp;</B>
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<P align="left" style="font-size: 8pt; text-indent: 2%"><FONT style="font-size: 10pt">Landstar System, Inc (NASDAQ: LSTR), together with its subsidiaries (&#147;Landstar&#148; or the
&#147;Company&#148;), announced today that on September&nbsp;23, 2011, a jury sitting in a state court in Cobb
County, Georgia, entered a damage award of approximately $40.2&nbsp;million (such amount, plus
pre-judgment interest and a portion of plaintiffs&#146; attorney fees in an amount not yet determined
are collectively referred to herein as the &#147;Damage Award&#148;) against Landstar Ranger, Inc., Landstar
System Holdings, Inc. and Landstar System, Inc.&nbsp; The Damage Award arises out of an accident that
occurred in February, 2007, involving a truck owner-operator leased to Landstar Ranger, Inc.
</FONT>

<P align="left" style="font-size: 10pt; text-indent: 2%">Under the terms of the commercial trucking insurance program that Landstar had in place in
2007, Landstar retained liability for up to $5&nbsp;million with respect to the accident giving rise to
the Damage Award.&nbsp;&nbsp; Landstar has third party insurance in place covering all amounts of the Damage
Award in excess of such $5&nbsp;million retention, including all related out-of-pocket expenses, such as
the costs of an appeal bond, post-judgment interest and attorney fees.


<P align="left" style="font-size: 10pt; text-indent: 2%">The Company previously recorded a $5&nbsp;million charge in respect of this accident in the
financial results of the Company for the 2007 first quarter.&nbsp; Accordingly, the Company&#146;s payment of
its portion of the Damage Award up to its $5&nbsp;million retention would not reduce the operating
income or net income of the Company for the 2011 third quarter or any other future financial period
in which such payment may ultimately be made.&nbsp;


<P align="left" style="font-size: 10pt; text-indent: 2%">The Company and its insurers intend to appeal the Damage Award.&nbsp; No assurances can be given
regarding the outcome of such appeal. See item 1A, &#147;<I>Risk Factors &#151; Increased severity or frequency
of accidents and other claims</I>&#148; and &#147;<I>Risk Factors -&nbsp;Dependence on third party insurance companies</I>&#148;
from the Company&#146;s Annual Report on Form 10-K for the fiscal year ended December&nbsp;25, 2010, each of
which are incorporated herein, for a discussion of certain risks associated with commercial
trucking claims and the Company&#146;s commercial trucking insurance program.



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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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	September 26, 2011
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	By:
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<I>
	James B. Gattoni
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	Name: James B. Gattoni
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	Title: Vice President and Chief Financial Officer
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