M&A Deal Summary

Landstar System Acquires Intermodal Transport

On October 23, 1994, Landstar System acquired transportation company Intermodal Transport

Acquisition Highlights
  • This is Landstar System’s 2nd transaction in the Transportation sector.
  • This is Landstar System’s 2nd transaction in the United States.
  • This is Landstar System’s 2nd transaction in California.

M&A Deal Summary
Date 1994-10-23
Target Intermodal Transport
Sector Transportation
Buyer(s) Landstar System
Deal Type Add-on Acquisition

Target

Intermodal Transport

Dublin, California, United States
Intermodal Transport Co. is a transportation services provider company.

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Buyer(S) 1

Buyer

Landstar System

Jacksonville, Florida, United States
Category Company
Founded 1968
Sector Transportation
Employees1,468
Revenue 5.3B USD (2023)
DESCRIPTION
Entrance to Landstar's corporate headquarters in Jacksonville, Florida.
Entrance to Landstar's corporate headquarters in Jacksonville, Florida.

Landstar System is a provider of integrated transportation management solutions delivering transportation logistics services to a broad range of customers utilizing a network of agents, third-party capacity owners and employees. Landstar System was founded in 1968 and is based in Jacksonville, Florida.

DEAL STATS #
Overall 2 of 5
Sector (Transportation) 2 of 4
Type (Add-on Acquisition) 2 of 5
State (California) 2 of 2
Country (United States) 2 of 5
Year (1994) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-10-23 LDS Truckline

Dublin, California, United States

LDS Truckline, Inc. is a drayage firm.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1995-03-01 T.L.C. Lines

Saint Clair, Missouri, United States

T.L.C. Lines, Inc. is a temperature-controlled and long-haul, time sensitive dry van carrier.

Buy -
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