Headquartered in Mondovi, WI Fiscal year ends December NASDAQ: MRTN marten.com
Marten Transport, Ltd. is a multifaceted trucking company offering time-sensitive and temperature-controlled as well as dry truck-based transportation and distribution services across the United States, Mexico, and Canada. The company operates through five distinct business platforms: Temperature-Sensitive Truckload, Dry Truckload, Dedicated, Brokerage, and MRTN de Mexico. Marten specializes in transporting and distributing food, beverages, and other consumer packaged goods requiring temperature-controlled or insulated environments, concentrating on expedited movements for high-volume customers. The company sold its Intermodal operations effective September 30, 2025. Marten maintains a debt-free balance sheet and operates a modern fleet with an average tractor age of 2.5 years. The company's common stock trades on the Nasdaq Global Select Market under the symbol MRTN. Updated
The pricing turn is already here: truckload rates per mile, net of fuel surcharges, rose 14.1% year over year as enforcement pulls noncompliant drivers out of the market. Record diesel, health insurance and driver pay costs are why earnings missed expectations, and a debt-free balance sheet means the rate upcycle drops straight to the bottom line once fuel normalizes.
Marten Transport, Ltd. is a multifaceted trucking company offering time-sensitive and temperature-controlled as well as dry truck-based transportation and distribution services across the United States, Mexico, and Canada.
The Wall Street consensus 12-month price target for MRTN is $17.00.