LANDSTAR SYSTEM INC — Director's Dealing 2007

Feb 5, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LANDSTAR SYSTEM INC (LSTR)
CIK: 0000853816
Period of Report: 2007-02-01

Reporting Person: PUNDT JEFFREY L (President - Landstar Carrier)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-01	Stock Options (Right to buy)	$44.32	A	9000	Acquired	2017-02-01	Common Stock (9000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	33220	Direct

Footnotes

F1: Options become exercisable in 3 equal annual installments beginning 02/01/2008