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                                                                  EXHIBIT 11.2

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




                                                            Thirteen     
                                                           Weeks Ended               
                                                  ---------------------------   
                                                     March 27,      March 28,   
                                                        1999            1998          
                                                  ---------------------------   

                                                                      
Income from continuing operations                 $      7,475   $      4,929   
Discontinued operations, net of income taxes                             (437)  
                                                  ------------   ------------   
Net income                                        $      7,475   $      4,492   
                                                  ============   ============   






Average number of common shares
    outstanding                                         10,368         11,686   

  Plus: Incremental shares from
    assumed exercise of stock 
    options                                                123             60   
                                                  ------------   ------------   
Average number of common shares              
    and common share equivalents                                
    outstanding                                         10,491         11,746   
                                                  ============   ============   

Diluted earnings (loss) per share:                        
  Income from continuing operations               $       0.71   $       0.42   
  Loss from discontinued operations                                     (0.04)  
                                                  ------------   ------------   
Diluted earnings per share                        $       0.71   $       0.38   
                                                  ============   ============