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Marten Transport MRTN · USD

Industrials · US listing · 🇺🇸 United States

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12.11

+3.15%

Close of 9 Nov 2026, in USD

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About Marten Transport

From its filings with the US Securities and Exchange Commission

SEC filings

Marten Transport is based in Mondovi, Wisconsin and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker MRTN. The SEC classifies its business as trucking (no local). In the fiscal year to 31 December 2025, it reported revenue of $883.7m and net income of $17.4m. At that date it held total assets of $949.8m and shareholders' equity of $767.6m.

In its own words

We have strategically transitioned from a refrigerated long-haul carrier to a multifaceted business offering a network of time and temperature-sensitive and dry truck-based transportation and distribution capabilities across our current five distinct business platforms – Temperature-Sensitive and Dry Truckload, Dedicated, Brokerage and MRTN de Mexico. Our Intermodal operations were sold effective September 30, 2025. We are one of the leading 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. In 2025, we generated $883.7 million in operating revenue. Approximately 59% of our Truckload and Dedicated revenue in 2025 resulted from hauling temperature-sensitive products and 41% from hauling dry freight. We operate throughout the United States and in parts of Mexico and Canada, with our revenue primarily generated from within the United States. We provide regional truckload carrier services in the Southeast, West Coast, Midwest, South Central and Northeast regions. Our primary medium-to-long-haul traffic lanes are between the Midwest and the West Coast, Southwest, Southeast, and the East Coast, as well as from California to the Pacific Northwest. In 2025, our average length of haul was 405 miles.

Quoted from its 10-K, filed 27 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Industrials
Industry
Road & Rail
Listed since
25 Sept 1986
Employees
3,502
Website
marten.com ↗
Head office
129 MARTEN STREET, MONDOVI, WI, 54755
Incorporated in
DE
Classification
Trucking (No Local)
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Randolph MartenExecutive Chairman of the Board, Chief Executive Officer, since 1980$1.2m
  • Mr. Douglas PetitPresident$590,753
  • Mr. James HinnendaelChief Financial Officer, Executive Vice President$607,418
  • Mr. Adam PhillipsChief Operating Officer, Executive Vice President$457,419
  • Mr. Randall BaierChief Technology Officer, Executive Vice President$443,885
  • Mr. Robert DemorestLead Independent Director$131,390
  • Mr. Jerry BauerIndependent Director$119,140
  • Mr. Ronald BoothIndependent Director$136,390
  • Mr. Larry HagnessIndependent Director$119,140
  • Ms. Kathleen IversonIndependent Director$132,140
  • Ms. Patricia JonesIndependent Director$119,140

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
36
Environment
5
Social
28
Governance
76
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Marten Transport Ltd possesses several strengths that contribute to its successful operations. These strengths include:

Weaknesses

  • Despite its strengths, Marten Transport Ltd also has some weaknesses that could pose challenges for the company. These weaknesses include:

Opportunities

  • Marten Transport Ltd can leverage several opportunities in the market to enhance its business growth. These opportunities include:

Threats

  • Marten Transport Ltd faces certain threats that could negatively impact its business operations. These threats include:

Sources and methodology

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