Company Marten Transport, Ltd.

Equities

MRTN

US5730751089

Ground Freight & Logistics

Market Closed - Nasdaq 21:30:00 03/05/2024 BST 5-day change 1st Jan Change
17.44 USD +1.28% Intraday chart for Marten Transport, Ltd. +2.95% -16.87%

Business Summary

Marten Transport, Ltd. provides temperature-sensitive truckload carriers in the United States, specializing in transporting and distributing food and other consumer packaged goods that require a temperature-controlled or insulated environment. Its segments include Truckload, Dedicated, Intermodal and Brokerage. Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services. Dedicated segment provides customized transportation solutions utilizing temperature-controlled trailers, dry vans and other specialized equipment within the United States. Intermodal segment transports its customers freight within the United States, utilizing its refrigerated containers on railroad flatcars for portions of trips, with the balance of the trips using its tractors or, to a lesser extent, contracted carriers. Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for its customers.

Number of employees: 4,213

Sales per Business

USD in Million2022Weight2023Weight Delta
Truckload
41.1 %
500 39.6 % 465 41.1 % -6.99%
Dedicated
36.1 %
429 34.0 % 408 36.1 % -4.85%
Brokerage
14.6 %
205 16.2 % 166 14.6 % -19.03%
Intermodal
8.1 %
130 10.3 % 92 8.1 % -29.04%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1,264 100.0 % 1,131 100.0 % -10.48%

Managers

Managers TitleAgeSince
Chief Executive Officer 76 31/10/07
President - 30/11/11
Chairman 71 31/12/73
Director of Finance/CFO 60 31/12/91
Chief Operating Officer - 31/12/07
Chief Tech/Sci/R&D Officer - 31/03/93
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 61 14/03/23
Director/Board Member 67 02/03/20
Director/Board Member 78 30/11/07
Chairman 71 31/12/73
Director/Board Member 81 31/03/94
Director/Board Member 71 31/12/96
Director/Board Member 74 30/06/91
Director/Board Member 73 30/12/15

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 81,362,709 57,508,653 ( 70.68 %) 0 70.68 %

Shareholders

NameEquities%Valuation
17,719,042 21.79 % 327 M $
BlackRock Advisors LLC
10.93 %
8,888,949 10.93 % 164 M $
Dimensional Fund Advisors LP
7.181 %
5,839,975 7.181 % 108 M $
5,211,856 6.409 % 96 M $
Vanguard Fiduciary Trust Co.
5.335 %
4,338,538 5.335 % 80 M $
Victory Capital Management, Inc. (Investment Management)
5.161 %
4,197,076 5.161 % 78 M $
Janus Henderson Investors US LLC
4.145 %
3,370,713 4.145 % 62 M $
2,305,073 2.834 % 43 M $
Ameriprise Trust Co.
2.254 %
1,832,949 2.254 % 34 M $
Loomis, Sayles & Co. LP
1.871 %
1,521,253 1.871 % 28 M $

Company contact information

Marten Transport Ltd.

129 Marten Street

54755, Mondovi

+

http://www.marten.com
address Marten Transport, Ltd.(MRTN)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
17.44 USD
Average target price
21.5 USD
Spread / Average Target
+23.28%
Consensus
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