LANDSTAR SYSTEM INC — Director's Dealing 2006

Aug 31, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2006-08-31

Reporting Person: Beacom Joseph J (VP, Chief Safety Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-31	Common Stock	M	2700	$13.1075	Acquired	6700	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-08-31	Stock Options (Right to buy)	$13.1075	M	2700	Disposed	2013-02-05	Common Stock (2700)	Direct

Footnotes

F1: Options became exercisable in the amount of 1,620 on 02/05/2005 and 1,080 on 02/05/2006.