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Marten Transport Ltd (Marten) provides transportation and logistics services. The company offers time and temperature-sensitive transportation and distribution services. It also offers services such as truckload, dedicated, intermodal, and brokerage solutions. Marten's Logistics sector provides logistics and third-party logistics services. The company under the Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services. The company serves a diverse range of customers, including those in the food and consumer packaged goods industries, requiring temperature-controlled and dry freight transportation. It has operations across the US, Canada, and Mexico. Marten is headquartered in Mondovi, Wisconsin, the US.
Headquarters
United States of America
Address
129 Marten Street, Mondovi, Wisconsin, 54755-1733
Website
www.marten.com
Telephone
1 715 2142110
No of Employees
3,502
Industry
Transport and Logistics
Ticker Symbol & Exchange
MRTN (NASD)
Revenue (2024)
$883.7M
-8.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-35.2%
(2024 vs 2023)
Market Cap*
$1.4B
Net Profit Margin (2024)
XYZ
-29.4%
(2024 vs 2023)
* As of and is in US$
Marten Transport Ltd premium industry data and analytics
Products and Services
| Services |
|---|
| Truckload Services |
| Brokerage Services |
| Dedicated Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In July, the company entered into an agreement to sell intermodal assets to Hub Group, Inc, a supply chain company. |
| 2022 | Corporate Changes/Expansions | The company opens Otay Mesa in California. |
| 2022 | Corporate Changes/Expansions | The company expands Mexico footprint with the first shipment out of Salinas Victoria, Nuevo Leon, Mexico, for long-term customer Mondelez. |
Competitor Comparison
| Key Parameters | Marten Transport Ltd | J.B. Hunt Transport Services Inc | Knight-Swift Transportation Holdings Inc | Schneider National Inc | Werner Enterprises Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Mondovi | Lowell | Phoenix | Green Bay | Omaha |
| State/Province | Wisconsin | Arkansas | Arizona | Wisconsin | Nebraska |
| No. of Employees | 3,502 | 31,750 | 37,100 | 19,000 | 12,022 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Randolph L Marten | Chief Executive Officer; Chairman | Executive Board | 1993 | 73 |
| James J Hinnendael | Chief Financial Officer; Executive Vice President | Senior Management | 2015 | 62 |
| Adam D. Phillips | Executive Vice President; Chief Operating Officer | Senior Management | 2023 | 48 |
| Randall J. Baier | Chief Technology Officer; Executive Vice President | Senior Management | 2023 | 55 |
| Douglas P Petit | President | Senior Management | 2021 | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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