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Marten Transport, Ltd. - MRTN STOCK NEWS

Welcome to our dedicated news page for Marten Transport, Ltd. (Ticker: MRTN), a resource for investors and traders seeking the latest updates and insights on Marten Transport, Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Marten Transport, Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Marten Transport, Ltd.'s position in the market.

Rhea-AI Summary
Marten Transport reported a decrease in net income and operating revenue for the first quarter of 2024 compared to the same period in 2023. The company's operating income also declined, with operating expenses as a percentage of revenue increasing. Despite challenges from the freight market recession, Marten Transport remains focused on minimizing the impact and investing in growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.69%
Tags
-
Rhea-AI Summary
Marten Transport, Ltd. declares a regular quarterly cash dividend of $0.06 per share, marking its 55th consecutive dividend payment. The company has paid a total of $237.0 million in cash dividends, including special dividends since 2010. Marten Transport is a prominent temperature-sensitive truckload carrier in the US, focusing on food, beverages, and consumer goods transportation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
Tags
dividends
-
Rhea-AI Summary
Marten Transport, Ltd. reported a significant decline in net income and operating revenue for the fourth quarter of 2023 compared to the same period in 2022. The company's operating expenses as a percentage of operating revenue also increased, impacting the overall operating income. The Executive Chairman attributed the decline to the freight market recession's weak demand, oversupply, and inflationary operating costs, among other factors. Despite the challenges, the company remains focused on minimizing the market's impact and investing in profitable growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.44%
Tags
none
Rhea-AI Summary
Marten Transport, Ltd. (Nasdaq/GS:MRTN) appoints Adam D. Phillips as Executive Vice President and Chief Operating Officer, effective December 13, 2023. Phillips has been with the company in various operational and management capacities since 2001. Marten Transport is a leading temperature-sensitive truckload carrier in the United States, specializing in transporting food, beverages, and consumer packaged goods. The company's common stock is traded on the Nasdaq Global Select Market under the symbol MRTN.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
Tags
management
-
Rhea-AI Summary
Marten Transport, Ltd. (Nasdaq/GS:MRTN) announces 54th consecutive quarterly cash dividend of $0.06 per share, totaling $232.1 million in dividends paid since 2010. The company specializes in temperature-sensitive truckload transportation of food, beverages, and consumer goods in the US, Mexico, and Canada.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.86%
Tags
dividends
-
Rhea-AI Summary
Marten Transport reports net income of $13.6 million for Q3 2023, compared to $25.6 million in Q3 2022. Operating revenue was $279.5 million, a decrease from $324.4 million in Q3 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.04%
Tags
Rhea-AI Summary
Marten Transport, Ltd. (Nasdaq/GS:MRTN) declares a regular quarterly cash dividend of $0.06 per share, marking its 53rd consecutive quarterly cash dividend. The company has paid a total of $227.2 million in cash dividends, including special dividends totaling $134.9 million since 2010. Marten Transport is a leading temperature-sensitive truckload carrier specializing in transporting food, beverages, and other consumer packaged goods.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.8%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.8%
Tags
management
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.1%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
none
Marten Transport, Ltd.

Nasdaq:MRTN

MRTN Rankings

MRTN Stock Data

1.39B
57.45M
29.29%
70.13%
0.77%
General Freight Trucking, Local
Transportation and Warehousing
Link
United States
Mondovi

About MRTN

Marten is a leader in time sensitive transportation and distribution services to customers in the United States, Canada, and Mexico.