Landstar Concludes Litigation with OOIDA
Landstar System, Inc., (NASDAQ: LSTR) a non-asset based provider of integrated supply chain solutions delivering safe, specialized transportation and logistics services, today announced the end of its decade-long litigation with the Owner-Operator Independent Drivers Association, Inc. ("OOIDA").
At issue in the case was Landstar's compliance with federal regulations that govern the leasing relationship between motor carriers and truck owner-operators.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.