LANDSTAR SYSTEM INC — Director's Dealing 2007

Jul 31, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2007-07-31

Reporting Person: MURPHY DIANA M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-31	Common Stock	M	56000	$3.9903	Acquired	78000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-31	Stock Options (Right to buy)	$3.9903	M	56000	Disposed	2008-05-21	Common Stock (56000)	Direct

Footnotes

F1: Options became exercisable in the amount of 24,000 on May 21, 2000 and 32,000 on May 21, 2001.