EXHIBIT 11.1

                         LANDSTAR SYSTEM, INC. AND SUBSIDIARY
                       CALCULATION OF EARNINGS PER COMMON SHARE
                       (In thousands, except per share amounts)
                                       (Unaudited)




                                                  Fiscal Years Ended
                                       December 30,  December 25,  December 26,
                                          2000           1999          1998
                                       ------------  ------------  ------------

                                                          
Income from continuing operations     $     45,194   $     45,937  $     34,481
Discontinued operations, net
  of income taxes                                                       (22,589)
                                      ------------   ------------  ------------

Net income                            $     45,194   $     45,937  $     11,892
                                      ============   ============  ============






Average number of common shares
    outstanding                              8,781          9,982        11,022
                                      ============   ============  ============


Earnings per common share:
Income from continuing operations     $       5.15   $       4.60  $       3.13
Loss from discontinued operations                                         (2.05)
                                      ------------   ------------  ------------


Earnings per common share             $       5.15   $       4.60  $       1.08
                                      ============   ============  ============


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