Landstar System Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 29, 2012. For the year, the company's revenue was $2,793,420,000 against $2,649,082,000 a year ago. Operating income was $205,853,000 against $183,245,000 a year ago. Income before income taxes was $202,749,000 against $180,133,000 a year ago. Net income was $129,781,000 against $112,945,000 a year ago. Net income attributable to company was $129,781,000 or $2.77 per diluted share against $113,007,000 or $2.38 per diluted share a year ago. Net income was $129,781,000 against $112,945,000 a year ago. Fiscal year 2012 cash flow from operations was $126 million. Cash capital expenditures was $7 million in fiscal year 2012.

For the quarter, the company's revenue was $691,256,000 against $717,522,000 a year ago. Operating income was $49,535,000 against $50,950,000 a year ago. Income before income taxes was $48,743,000 against $50,178,000 a year ago. Net income attributable to company was $33,978,000 or $0.73 per diluted share against $32,632,000 or $0.70 per diluted share a year ago.

The company estimates is that the 2013 first quarter operating results will mirror that of 2012.