EXHIBIT 11.2

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




                                                    Thirteen       Thirteen
                                                  Weeks Ending   Weeks Ending
                                                    March 28,       March 29, 
                                                      1998           1997    
                                                  ------------   ------------

                                                         
Net income                                        $      4,492   $      3,005
                                                  ============   ============






Average number of common shares
    outstanding                                         11,686         12,726
                                                  ============   ============
  Plus: Incremental shares from
    assumed exercise of stock 
    options                                                 60             30
                                                  ------------   ------------                        
Average number of common shares              
    and common share equivalents                                
    outstanding                                         11,746         12,756                       
                                                  ============   ============                    

Diluted earnings per share                        $       0.38   $       0.24
                                                  ============   ============