SOURCE: Landstar System, Inc.

Landstar System, Inc.

March 04, 2014 14:33 ET

BESTPASS and Landstar Sign Agreement to Offer BESTPASS Toll Management Solution to Landstar BCOs

ALBANY, NY--(Marketwired - March 04, 2014) - BESTPASS, Inc., a company offering toll management solutions and discounts to the trucking industry, and Landstar System, Inc. (NASDAQ: LSTR), one of the largest owner-operator based companies in the United States providing transportation management solutions and complete global and domestic transportation services, have entered into an agreement to offer BESTPASS services to Landstar BCOs. BCO is Landstar's term for the independent contractors who provide Landstar with transportation capacity under exclusive lease agreements.

As part of the agreement, Landstar has agreed to afford its BCOs the opportunity to enroll with BESTPASS. BESTPASS has agreed to make donations to the BCO Benevolence Fund, Inc., based upon Landstar BCO participation in this toll management and discount program. Donations by BESTPASS  under the program will include a $5 donation for each Landstar BCO who signs up. The BCO Benevolence Fund is an independent public charity founded by Landstar in 2005 to help Landstar BCOs and their immediate families who are suffering from financial hardship. 

"As we expand our service area across the United States, we are looking to engage with companies like Landstar who share similar vision and values," said BESTPASS president and COO, John Andrews. "Helping truckers save money on tolls is our business and giving back to our community is embraced at all levels of our organization."

Andrews said that the BCO Benevolence Fund offers BESTPASS a a great way to directly help those in need and fully supports the effort.

"The BESTPASS/Landstar agreement is a win-win for our BCOs and their families," said Henry Gerkens, Landstar Chairman & CEO. "The savings on tolls is immediate and the BCO Benevolence Fund has the potential to receive thousands of dollars per year in contributions from BESTPASS. The financial contributions will go a long way to helping those in need of assistance." 

About the BCO Benevolence Fund
The BCO Benevolence Fund, Inc., is a nonprofit corporation and is recognized by the Internal Revenue Services as an organization exempt under Section 501(c)(3) of the Internal Revenue Code, contributions to which are deductible. The BCO Benevolence Fund, Inc., was founded by Landstar System, Inc., and its affiliated companies ("Landstar"), but is a public charity that is separate and independent from Landstar. This announcement is made by and on behalf of Landstar and should not be considered a solicitation for charitable contributions by or on behalf of the BCO Benevolence Fund, Inc.

About BESTPASS, Inc.
Founded in 2003 by the New York State Motor Truck Association, BESTPASS was designed for truckers, by truckers, to save commercial motor carriers time and money. BESTPASS offers transportation savings and efficiency solutions including: discounts on tolls; user-friendly account management tools; and a single device for both tolling and nationwide weigh station bypass with a consolidated bill. BESTPASS is compatible with the E-ZPass, ExpressToll, Prepass, Norpass, and NCPass services to provide tolling and weigh station bypass coverage throughout the United States and has over 96,000 active transponders in service, resulting in over $17.2 million in tolls processed monthly. For more information, visit 

About Landstar System, Inc.
Landstar System, Inc. is a worldwide, asset-light provider of integrated transportation management solutions delivering safe, specialized transportation logistics services to a broad range of customers utilizing a network of agents, third-party capacity owners and employees. All Landstar transportation services companies are certified to ISO 9001:2008 quality management system standards and RC14001:2008 environmental, health, safety and security management system standards. Landstar System, Inc. is headquartered in Jacksonville, Florida. Its common stock trades on The NASDAQ Stock Market® under the symbol LSTR.