Welcome to our dedicated page for Marten Trans news (Ticker: MRTN), a resource for investors and traders seeking the latest updates and insights on Marten Trans stock.
Marten Trans Ltd. (MRTN) delivers temperature-controlled transportation solutions for perishable goods across North America. This news hub provides investors and industry professionals with essential updates on corporate developments, operational milestones, and strategic initiatives shaping the logistics sector.
Access timely press releases covering earnings announcements, fleet expansions, technology implementations, and partnership agreements. Our curated collection enables efficient tracking of MRTN's performance across key segments including Truckload services, Dedicated contract carriage, and Intermodal operations.
Discover official updates on sustainability initiatives, regulatory compliance measures, and market expansion efforts. All content is sourced directly from company communications to ensure accuracy and relevance for financial analysis and competitive research.
Bookmark this page for continuous access to Marten Trans' latest developments in temperature-sensitive logistics. Monitor critical updates affecting the transportation of food products and consumer packaged goods through one centralized, reliable resource.
Marten Transport (NASDAQ:MRTN) reported Q3 2025 net income $2.2M (diluted EPS $0.03) versus $3.8M ($0.05) in Q3 2024. Operating revenue was $220.5M for Q3 2025, down 7.1% year-over-year, and $673.5M for the nine months ended Sept. 30, 2025, down 8.1% year-over-year.
Operating income fell to $2.7M in Q3 2025 from $4.3M in Q3 2024; nine‑month operating income was $18.3M versus $26.5M a year earlier. The company closed an asset sale of intermodal assets to Hub Group for $51.8M effective Sept. 30, 2025 and reported a debt-free balance sheet with cash and cash equivalents of $49.485M at Sept. 30, 2025.
Marten Transport (Nasdaq:MRTN) has completed the sale of its intermodal business assets to Hub Group (NASDAQ:HUBG) on September 30, 2025. The transaction, structured as an asset sale, includes over 1,200 refrigerated containers and related contracts for a total consideration of $51.8 million in cash.
Marten Transport (Nasdaq:MRTN) announced that CEO Timothy Kohl will retire effective September 30, 2025. Randolph Marten, the current Executive Chairman and former CEO, will assume the roles of Chairman of the Board and Chief Executive Officer effective October 1, 2025.
Randolph Marten, who has been with the company since 1974, previously served as CEO from 2005 to 2021. Tim Kohl, who joined in 2007, is credited with transforming Marten Transport into a multifaceted business across six distinct platforms: Temperature-Sensitive and Dry Truckload, Dedicated, Intermodal, Brokerage, and MRTN de Mexico.
Marten Transport is a leading temperature-sensitive truckload carrier in the United States, specializing in transporting food, beverages, and consumer packaged goods requiring temperature-controlled environments across the US, Mexico, and Canada.
Marten Transport (NASDAQ:MRTN), a leading temperature-sensitive truckload carrier, has declared its 61st consecutive quarterly cash dividend of $0.06 per share. The dividend will be paid on September 30, 2025, to stockholders of record as of September 16, 2025.
Since implementing its dividend program in 2010, Marten has distributed $266.3 million in total cash dividends, including $134.9 million in special dividends across 2012, 2019, 2020, and 2021. The company operates across six business platforms, offering temperature-sensitive and dry truck-based transportation services throughout the United States, Mexico, and Canada.
Marten Transport (Nasdaq:MRTN) has announced the sale of its intermodal business assets to Hub Group (Nasdaq:HUBG) for $51.8 million in cash. The transaction includes over 1,200 refrigerated containers and associated contracts.
The deal is expected to close by the end of Q3 2025, subject to customary closing conditions. Following the sale, Marten will continue operating its core business platforms including Temperature-Sensitive and Dry Truckload, Dedicated, Brokerage, and MRTN de Mexico services.
Marten Transport (NASDAQ:MRTN) reported Q2 2025 financial results showing a decline in performance. The company posted net income of $7.2 million ($0.09 per diluted share), down from $7.9 million ($0.10 per share) in Q2 2024. Operating revenue decreased to $229.9 million from $246.2 million year-over-year.
Key metrics include operating income of $9.7 million (vs. $10.0 million in Q2 2024) and operating expenses at 95.8% of revenue. The company's dedicated and brokerage operations showed resilience, though earnings were pressured by the freight market recession's oversupply and weak demand, along with inflationary costs and freight rate reductions.
Management remains focused on minimizing market impacts while pursuing profitable organic growth opportunities, particularly those expected from industry capacity exits due to increased English Language Proficiency and B-1 visa regulation enforcement.
Marten Transport (MRTN) reported a significant decline in financial performance for Q1 2025. Net income dropped to $4.3 million ($0.05 per diluted share) from $9.6 million ($0.12 per diluted share) in Q1 2024. Operating revenue decreased to $223.2 million from $249.7 million year-over-year.
The company's operating income fell to $5.9 million from $12.3 million in Q1 2024, while operating expenses as a percentage of revenue increased to 97.4% from 95.1%. Fuel surcharge revenue decreased to $27.4 million from $33.9 million.
The company attributes these challenges to an extended freight market recession characterized by oversupply and weak demand, along with inflationary operating costs and freight rate reductions. Despite these challenges, Marten's dedicated and brokerage operations showed resilience, and the company was recently certified as a TCA Elite Fleet – 2025 Best Place to Drive.
Marten Transport (NASDAQ: MRTN) has declared its 59th consecutive quarterly cash dividend of $0.06 per share, payable on March 28, 2025, to stockholders of record as of March 14, 2025. Since implementing its dividend program in 2010, Marten has distributed $256.5 million in total cash dividends, including $134.9 million in special dividends across 2012, 2019, 2020, and 2021.
Marten Transport operates as a leading temperature-sensitive truckload carrier in the United States, offering services across six business platforms: Temperature-Sensitive and Dry Truckload, Dedicated, Intermodal, Brokerage, and MRTN de Mexico. The company specializes in transporting temperature-controlled food, beverages, and consumer packaged goods throughout the United States, Mexico, and Canada.
Marten Transport (NASDAQ:MRTN) reported Q4 2024 net income of $5.6 million ($0.07 per share), down from $12.4 million ($0.15 per share) in Q4 2023, but up 50.1% from Q3 2024's $3.8 million. Operating revenue decreased to $230.4 million in Q4 2024 from $268.2 million in Q4 2023.
For full-year 2024, net income was $26.9 million ($0.33 per share), compared to $70.4 million ($0.86 per share) in 2023. Annual operating revenue declined to $963.7 million from $1.131 billion. Operating income for Q4 2024 was $6.7 million, down from $15.7 million in Q4 2023, but showing a 57.6% improvement from Q3 2024.
The company noted Q4 2024 as the first quarter since Q2 2022 with sequential improvements in net income, operating income, and operating ratio. Management highlighted sequential increases in revenue per tractor, rate per total mile, and miles per tractor in both truckload and dedicated operations.
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