A refrigerated rail service sold by Union Pacific Railroad to shippers has shut down amid the COVID-19 downturn in volumes and competition from rival BNSF Railway and other large IMCs.
Marten Transport news and analysis. Get the latest news about Marten Transport and the trucking industry.
10 Oct 2019
Two refrigerated intermodal carriers, Marten Transport and KLLM Transport, have acquired 53-foot containers as US Class I railroads have been disincentivizing intermodal trailer use.
25 Apr 2019
Some of the biggest trucking companies are riding the 2018 wave well into 2019, and they’re focused more on building profit than revenue as the US economy slows.
20 Jul 2016
General truckload and intermodal sales softened, but Marten's dedicated division increased revenue by double digits.
24 Apr 2016
A strong surge in dedicated trucking business helped balance falling fuel surcharges for Marten Transport in the first quarter. The trucker bucked trends and increased revenue.
27 Jan 2016
Despite a drop in revenue, largely due to lower fuel surcharges, Marten Transport increased net profit almost 20 percent in 2015, while expanding its dedicated trucking business.
20 Oct 2015
Plummeting fuel surcharges took a bite out of the refrigerated transporter's total revenue, but strong dedicated and brokerage business helped build underlying profits, shore up weaker truckload unit in the third quarter.
15 Jul 2015
Refrigerated trucking company Marten Transport increased its profit while adding trucks in the second quarter, as dedicated revenue rose more than 60 percent.
16 Apr 2015
Refrigerated trucking operator Marten Transport nearly doubled net profit in the first quarter while expanding dedicated operations as shippers scrambled to secure truck capacity.
28 Jan 2015
Low fuel prices and intermodal improvements delivered record fourth-quarter profits to Marten Transport, as the refrigerated carrier got more money out of its rolling assets.
16 Sep 2014
Rail service problems are starting to hurt truckers with intermodal operations, especially those such that move refrigerated goods, a transportation analyst says.
24 Jul 2014
The U.S. economic recovery may be slow, but the freight recovery is moving faster, thanks to growth in manufacturing, energy and construction.
16 Jul 2014
Marten Transport provided evidence this week that tightening truck capacity is leading to higher contract truck rates.
16 May 2014
The first quarter was warmer for trucking than you might think — at least financially.
01 Nov 2013
Trucking’s early third quarter earnings reports looked better than might be expected in a sluggish and inconsistent economy. That’s largely because the first publicly owned motor carriers past the quarterly post took advantage of opportunities to move more freight by intermodal rail, diversified their over-the-road services and, most important, protected profit margins in the quarter.
16 Oct 2013
Marten Transport reported its net income in the third quarter of 2013 was a record $8.0 million, jumping 22.4 percent year-over-year from $6.5 million.
17 Jul 2013
Marten Transport today reported its net income in the second quarter of 2013 was $7.7 million, inching up 1.1 percent from $7.6 million in the second quarter of 2012.
18 Apr 2013
Marten Transport reported its profit in the first quarter of 2013 was $7.2 million, a jump of 32.2 percent compared with $5.4 million in the first quarter of 2012 and the 12th consecutive year-over-year increase in quarterly net income.
24 Jan 2013
Mondovi, Wis.-based temperature-controlled truckload carrier Marten Transport recently reported the highest net income for any quarter and year in the company’s history.
19 Oct 2012
Marten Transport profit rose in the third quarter, but more slowly than in the first half of 2012, as the refrigerated truckload carrier pursued more regional freight.
18 Apr 2012
Greater emphasis on regional trucking boosted first quarter revenue and profit at refrigerated trucking and logistics operator Marten Transport, Mondovi, Wis.
25 Jan 2012
Marten Transport raised its net profit 47 percent to $7.1 million in the fourth quarter as the refrigerated carrier’s revenue jumped 15.9 percent to $158.3 million.
24 Oct 2011
Refrigerated trucker Marten Transport increased its net profit 15.5 percent to $6.3 million in the third quarter on higher operating revenue, volume and surcharges.
21 Jul 2011
Werner Enterprises increased its net profit 31 percent year-over-year to $27.5 million as revenue rose 11 percent to $515.9 million in the second quarter.
20 Jul 2011
Marten Transport improved its profitability for the fifth straight quarter, raising its profit 20.1 percent from a year ago to $6.2 million in the second quarter.