Comdata Establishes On-Site Permit Office for Landstar; Outsourced Over-the-Road Permits Offers Cost Saving Efficiency for Top Carrier.Business Editors BRENTWOOD, Tenn.--(BUSINESS WIRE)--Aug. 12, 2003 Comdata Corporation(R), a wholly-owned subsidiary of Ceridian Corporation (NYSE NYSE See: New York Stock Exchange :CEN CEN - Conseil Européen pour la Normalisation. A body coordinating standardisation activities in the EEC and EFTA countries. ), announced today that it has established a permitting office on-site at the corporate headquarters of Landstar System, Inc., in Jacksonville, Fl., As the nation's premier over-the-road transportation capacity providers, Landstar is listed in FORBES magazine's Platinum 400 list of America's Best Big Companies. This is the first such regulatory compliance outsourcing agreement that Comdata has established among its more than 21,000 truckload carrier Merrian-Webster online dictionary defines truckload as " a load or amount that fills or could fill a truck". A truckload carrier is a trucking company that generally contracts an entire trailer-load to a single customer. customers. As part of the multi-year agreement, Comdata staffs its permitting office with five full-time employees who process and distribute oversize o·ver·size n. 1. A size that is larger than usual. 2. An oversize article or object. adj. o·ver·size also o·ver·sized Larger in size than usual or necessary. Adj. 1. and overweight permits for Landstar's fleet of more than 8,000 owner-operator trucks. Landstar is the leading industry provider of transportation for oversize and overweight freight and a major supplier to the United States military. The company issues approximately 10,000 permits per month. "With Comdata here at our headquarters facility, we are increasing the speed of our permitting operations through real-time technology, resolving issues immediately and providing dedicated customer support for our fleet," said Jim Tate, director of heavy, specialized support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services - permits/escorts for Landstar. "We are constantly looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. ways to improve satisfaction and retention among our business capacity owners (owner-operators) and this is one way we can do that." Comdata's Regulatory and Legal Compliance Services division provides permit services, annual licensing, fuel tax and pilot car services for many leading truckload and passenger transportation companies in the United States and Canada. Headquartered in Dallas, Texas, the division specializes in driving cost out of administrative operations on behalf of trucking companies and transportation-related organizations. In 2002, the division processed 1,200,000 permits for more than 4,000 companies. "We are pleased to be expanding our relationship with Landstar to include on-site oversize/overweight permit processing," said Bob Terneus, vice president of sales for Comdata Regulatory Compliance Services. "We look forward to working alongside their staff as a vital part of their regulatory compliance team." About Comdata Corporation Comdata Corporation(R) (www.comdata.com) is a leading provider of electronic payment transactions, including credit and debit processing and reporting for commercial fleets, retail and other businesses, electronic cash, gift and smart / chip card programs for retailers and governmental agencies, Comchek(R) eCash pay card services, and point-of-sale equipment for travel plazas, retailers, restaurants and convenience stores. Headquartered in Brentwood, Tenn., Comdata employs more than 1,600 internationally. Comdata is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Minneapolis-based Ceridian Corporation (NYSE: CEN). About Landstar System, Inc. Landstar System, Inc. is a non-asset-based provider of transportation capacity delivering safe, specialized transportation services to a broad range of customers throughout North America. The company identifies and fulfills shippers' needs through the coordination of individual businesses comprised of independent sales agents, business capacity owners, and other transportation capacity providers. The term, business capacity owner, refers to Landstar's independent contractors who operate a small business and provide the equipment necessary to haul freight. Landstar's carrier group is comprised of Landstar Gemini, Inc., Landstar Inway, Inc., Landstar Ligon, Inc. and Landstar Ranger, Inc. and delivers excellence in complete over-the-road transportation services. Landstar's multimodal Two or more modes of operation. The term is used to refer to a myriad of functions and conditions in which two or more different methods, processes or forms of delivery are used. On the Web, it refers to asking for something one way and receiving the answer another; for example requesting group is comprised of Landstar Express America, Inc. and Landstar Logistics, Inc., provides expedited, contract logistics and intermodal transportation services. All Landstar operating companies are certified to ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001: 2000 quality management system standards. Landstar System, Inc.'s common stock trades on The NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (R) under the symbol LSTR LSTR Listener Side Tone Rating . |
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