← M P J Logistics overview

M P J Logistics vs Landstar System: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

M P J Logistics Public Company Limited (MPJ.BK)

Q3 2026
▲4

MPJ Expands Yards and New Services as Profit and Volume Surge

  • Record Q2 profit and raised full-year outlook MPJ reported record Q2 2026 net profit of 51.1 million baht, up 69.2% from a year earlier, with revenue up 20.4%. First-half profit rose 25.1%. Management expects second-half growth to continue, supported by expanding yards and new services, and keeps its 2026 revenue target of 1.264 billion baht, up 18%.

    Record earnings and a confident outlook are the core fundamental driver of the stock.

  • New heavy container storage service to lift H2 revenue MPJ launched a heavy container storage service, using existing yard space and new specialised equipment. It targets new customer groups and expects the service to drive second-half results and help meet the 2026 revenue target of 1.264 billion baht, up 18%.

    A new service line adds revenue without major new land, directly supporting growth targets.

  • Q3 container throughput expected to jump 30% MPJ expects container throughput in Q3 2026 to rise about 30% from a year earlier, driven by demand at its Laem Chabang 1, Laem Chabang 2 and OM Lat Krabang yards. It meets shipping lines weekly to plan capacity and maintains its 18% revenue growth target for 2026.

    Strong volume growth signals accelerating business activity and supports future earnings.

  • 1.14 billion baht capex to expand yards MPJ set a capital expenditure budget of over 1.14 billion baht for the next two to three years, including adding 28 rai to its Laem Chabang container yard, expected to open in Q2 2027. This expansion aims to capture rising container volumes from shipping lines.

    The investment plan shows management's confidence in future demand and capacity growth.

September 2026
▲4

MPJ Expands Yards and New Services as Profit and Volume Surge

  • Record Q2 profit and raised full-year outlook MPJ reported record Q2 2026 net profit of 51.1 million baht, up 69.2% from a year earlier, with revenue up 20.4%. First-half profit rose 25.1%. Management expects second-half growth to continue, supported by expanding yards and new services, and keeps its 2026 revenue target of 1.264 billion baht, up 18%.

    Record earnings and a confident outlook are the core fundamental driver of the stock.

  • New heavy container storage service to lift H2 revenue MPJ launched a heavy container storage service, using existing yard space and new specialised equipment. It targets new customer groups and expects the service to drive second-half results and help meet the 2026 revenue target of 1.264 billion baht, up 18%.

    A new service line adds revenue without major new land, directly supporting growth targets.

  • Q3 container throughput expected to jump 30% MPJ expects container throughput in Q3 2026 to rise about 30% from a year earlier, driven by demand at its Laem Chabang 1, Laem Chabang 2 and OM Lat Krabang yards. It meets shipping lines weekly to plan capacity and maintains its 18% revenue growth target for 2026.

    Strong volume growth signals accelerating business activity and supports future earnings.

  • 1.14 billion baht capex to expand yards MPJ set a capital expenditure budget of over 1.14 billion baht for the next two to three years, including adding 28 rai to its Laem Chabang container yard, expected to open in Q2 2027. This expansion aims to capture rising container volumes from shipping lines.

    The investment plan shows management's confidence in future demand and capacity growth.

Latest
▲4

MPJ Expands Yards and New Services as Profit and Volume Surge

  • Record Q2 profit and raised full-year outlook MPJ reported record Q2 2026 net profit of 51.1 million baht, up 69.2% from a year earlier, with revenue up 20.4%. First-half profit rose 25.1%. Management expects second-half growth to continue, supported by expanding yards and new services, and keeps its 2026 revenue target of 1.264 billion baht, up 18%.

    Record earnings and a confident outlook are the core fundamental driver of the stock.

  • New heavy container storage service to lift H2 revenue MPJ launched a heavy container storage service, using existing yard space and new specialised equipment. It targets new customer groups and expects the service to drive second-half results and help meet the 2026 revenue target of 1.264 billion baht, up 18%.

    A new service line adds revenue without major new land, directly supporting growth targets.

  • Q3 container throughput expected to jump 30% MPJ expects container throughput in Q3 2026 to rise about 30% from a year earlier, driven by demand at its Laem Chabang 1, Laem Chabang 2 and OM Lat Krabang yards. It meets shipping lines weekly to plan capacity and maintains its 18% revenue growth target for 2026.

    Strong volume growth signals accelerating business activity and supports future earnings.

  • 1.14 billion baht capex to expand yards MPJ set a capital expenditure budget of over 1.14 billion baht for the next two to three years, including adding 28 rai to its Laem Chabang container yard, expected to open in Q2 2027. This expansion aims to capture rising container volumes from shipping lines.

    The investment plan shows management's confidence in future demand and capacity growth.

Landstar System Inc (LSTR)

Q3 2026
▲2▼2

Landstar beats Q2, raises dividend, but legal and insurance costs loom

  • Q2 earnings beat and dividend hike Landstar reported Q2 earnings of $1.44 per share, beating estimates and up 20% from a year ago. Revenue jumped 18.2% to $1.43 billion on higher truck rates. The board also raised the quarterly dividend by 10% to $0.44. This shows the company is growing profitably and returning more cash to shareholders, which supports the stock price.

    This is the core positive fundamental news that directly boosts investor confidence and the stock's value.

  • Rising legal liability and insurance costs A $604 million jury verdict against C.H. Robinson and the Supreme Court's Montgomery decision have increased liability risks for freight brokers. TD Cowen warns insurance premiums for large brokers could rise mid-teens to mid-20s percentages. Landstar faces higher costs and potential legal exposure, which pressures its stock price.

    This is a major new risk factor that directly affects Landstar's cost structure and industry outlook.

  • Landstar cuts 35,000 carriers from network Landstar has reduced its approved carrier pool by over 35,000 since mid-2022, a 35% cut, to tighten safety and reduce liability. While this may lower risk, it also shrinks capacity and could limit growth. The move is a direct response to the Montgomery ruling, highlighting regulatory pressure on the business.

    This shows a concrete operational change with potential negative implications for capacity and growth.

  • New Chief Commercial Officer appointed Landstar named Bill Clement as Chief Commercial Officer, effective August 1, 2026. He brings over 30 years of transportation and logistics experience, including leadership at CRST and CSX. This management change could strengthen Landstar's commercial strategy and support its independent agent network, a positive for future growth.

    A key leadership appointment that could drive future commercial performance and is new information.

August 2026
▲2▼2

Landstar beats Q2, raises dividend, but legal and insurance costs loom

  • Q2 earnings beat and dividend hike Landstar reported Q2 earnings of $1.44 per share, beating estimates and up 20% from a year ago. Revenue jumped 18.2% to $1.43 billion on higher truck rates. The board also raised the quarterly dividend by 10% to $0.44. This shows the company is growing profitably and returning more cash to shareholders, which supports the stock price.

    This is the core positive fundamental news that directly boosts investor confidence and the stock's value.

  • Rising legal liability and insurance costs A $604 million jury verdict against C.H. Robinson and the Supreme Court's Montgomery decision have increased liability risks for freight brokers. TD Cowen warns insurance premiums for large brokers could rise mid-teens to mid-20s percentages. Landstar faces higher costs and potential legal exposure, which pressures its stock price.

    This is a major new risk factor that directly affects Landstar's cost structure and industry outlook.

  • Landstar cuts 35,000 carriers from network Landstar has reduced its approved carrier pool by over 35,000 since mid-2022, a 35% cut, to tighten safety and reduce liability. While this may lower risk, it also shrinks capacity and could limit growth. The move is a direct response to the Montgomery ruling, highlighting regulatory pressure on the business.

    This shows a concrete operational change with potential negative implications for capacity and growth.

  • New Chief Commercial Officer appointed Landstar named Bill Clement as Chief Commercial Officer, effective August 1, 2026. He brings over 30 years of transportation and logistics experience, including leadership at CRST and CSX. This management change could strengthen Landstar's commercial strategy and support its independent agent network, a positive for future growth.

    A key leadership appointment that could drive future commercial performance and is new information.

Latest
▲2▼2

Landstar beats Q2, raises dividend, but legal and insurance costs loom

  • Q2 earnings beat and dividend hike Landstar reported Q2 earnings of $1.44 per share, beating estimates and up 20% from a year ago. Revenue jumped 18.2% to $1.43 billion on higher truck rates. The board also raised the quarterly dividend by 10% to $0.44. This shows the company is growing profitably and returning more cash to shareholders, which supports the stock price.

    This is the core positive fundamental news that directly boosts investor confidence and the stock's value.

  • Rising legal liability and insurance costs A $604 million jury verdict against C.H. Robinson and the Supreme Court's Montgomery decision have increased liability risks for freight brokers. TD Cowen warns insurance premiums for large brokers could rise mid-teens to mid-20s percentages. Landstar faces higher costs and potential legal exposure, which pressures its stock price.

    This is a major new risk factor that directly affects Landstar's cost structure and industry outlook.

  • Landstar cuts 35,000 carriers from network Landstar has reduced its approved carrier pool by over 35,000 since mid-2022, a 35% cut, to tighten safety and reduce liability. While this may lower risk, it also shrinks capacity and could limit growth. The move is a direct response to the Montgomery ruling, highlighting regulatory pressure on the business.

    This shows a concrete operational change with potential negative implications for capacity and growth.

  • New Chief Commercial Officer appointed Landstar named Bill Clement as Chief Commercial Officer, effective August 1, 2026. He brings over 30 years of transportation and logistics experience, including leadership at CRST and CSX. This management change could strengthen Landstar's commercial strategy and support its independent agent network, a positive for future growth.

    A key leadership appointment that could drive future commercial performance and is new information.