Landstar enters $300 million revolving credit facility, adds $500 million accordion option

• Landstar entered a third amended and restated credit agreement on June 30, 2026 with JPMorgan Chase as administrative agent.
• Revolving credit facility set at USD 300 million with an uncommitted accordion feature for up to USD 500 million of additional capacity.
• Facility termination date set for June 30, 2031; no borrowings were outstanding at closing.
• Includes limits on additional debt and lease obligations; requires minimum interest coverage and maximum net leverage ratios, tested quarterly.
• Change-of-control default triggers if an acquirer reaches 35% ownership or gains board control.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Landstar System Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-296288), on July 06, 2026, and is solely responsible for the information contained therein.