MRTN Marten Transport Ltd.

MARTEN TRANSPORT APPOINTS RANDALL BAIER AS EXECUTIVE VICE PRESIDENT AND CHIEF TECHNOLOGY OFFICER

MARTEN TRANSPORT APPOINTS RANDALL BAIER AS EXECUTIVE VICE PRESIDENT AND CHIEF TECHNOLOGY OFFICER

MONDOVI, Wis., Aug. 15, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced that its Board of Directors has appointed Randall J. Baier as its Executive Vice President and Chief Technology Officer, effective August 15, 2023.

“I’m extremely pleased to announce the appointment of Randy Baier as our Executive Vice President and Chief Technology Officer,” said Randy Marten, Executive Chairman of the Board of Directors. “Randy will continue to be a key member of our leadership team involved in our strategic business vision and day-to-day operations. Randy’s exemplary professional and managerial skills combined with decades of experience are integral to the management of our adaptive and proprietary operating technology by our talented technology people.”

Mr. Baier has been Marten’s Senior Vice President of Information Systems since December 2019 and served as the Company’s Vice President of Information Systems from January 2014 to December 2019 and Senior Director of Information Systems from April 2011 to January 2014. Mr. Baier advanced through various professional capacities in our information technology area including Developer, System Administrator and Database Administrator from April 1993 to April 2011.

Marten Transport, with headquarters in Mondovi, Wis., is a multifaceted business offering a network of refrigerated and dry truck-based transportation capabilities across Marten’s five distinct business platforms - Truckload, Dedicated, Intermodal, Brokerage and MRTN de Mexico. Marten is one of the leading temperature-sensitive truckload carriers in the United States, specializing in transporting and distributing food, beverages and other consumer packaged goods that require a temperature-controlled or insulated environment. The Company offers service in the United States, Mexico and Canada, concentrating on expedited movements for high-volume customers. Marten’s common stock is traded on the Nasdaq Global Select Market under the symbol MRTN.



CONTACTS: Tim Kohl, Chief Executive Officer, Doug Petit, President, and Jim Hinnendael, Executive Vice President and Chief Financial Officer, of Marten Transport, Ltd., 715-926-4216.
EN
15/08/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Marten Transport Ltd.

 PRESS RELEASE

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock. The dividend will be payable on September 30, 2025 to stockholders of record at the close of business on September 16, 2025. This is Marten’s 61st consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $266.3 million in cash dividends, including special dividends totaling $134.9 mil...

 PRESS RELEASE

MARTEN TRANSPORT ANNOUNCES SALE OF ASSETS RELATED TO INTERMODAL BUSINE...

MARTEN TRANSPORT ANNOUNCES SALE OF ASSETS RELATED TO INTERMODAL BUSINESS MONDOVI, Wis., July 22, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today it has entered into an agreement to sell assets related to its intermodal business to Hub Group, Inc. (NASDAQ: HUBG). The transaction is structured as an asset sale of certain intermodal equipment, including over 1,200 refrigerated containers, and contracts to Hub Group, Inc. for $51.8 million in cash, and is expected to close by the end of the third quarter subject to certain customary closing conditions. Execu...

 PRESS RELEASE

Marten Transport Announces Second Quarter Results

Marten Transport Announces Second Quarter Results MONDOVI, Wis., July 16, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $7.2 million, or 9 cents per diluted share, for the second quarter ended June 30, 2025, compared with $7.9 million, or 10 cents per diluted share, for the second quarter of 2024. For the six-month period ended June 30, 2025, net income was $11.5 million, or 14 cents per diluted share, compared with $17.5 million, or 22 cents per diluted share, for the 2024 six-month period. Operating revenue was $22...

 PRESS RELEASE

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., May 06, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.06 per share of common stock. The dividend will be payable on June 27, 2025 to stockholders of record at the close of business on June 13, 2025. This is Marten’s 60th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $261.4 million in cash dividends, including special dividends totaling $134.9 million in 20...

Jonathan Moreland
  • Jonathan Moreland

InsiderInsights Weekly Report: May 3, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

ResearchPool Subscriptions

Get the most out of your insights

Get in touch