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...
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...
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...
Marten Transport Announces First Quarter Results MONDOVI, Wis., April 16, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $4.3 million, or 5 cents per diluted share, for the first quarter ended March 31, 2025, compared with $9.6 million, or 12 cents per diluted share, for the first quarter of 2024. Operating revenue was $223.2 million for the first quarter of 2025 compared with $249.7 million for the first quarter of 2024. Excluding fuel surcharges, operating revenue was $195.8 million for the 2025 quarter compared with $215.7 million for the...
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., Feb. 21, 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 March 28, 2025 to stockholders of record at the close of business on March 14, 2025. This is Marten’s 59th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $256.5 million in cash dividends, including special dividends totaling $134.9 million in...
Marten Transport Announces Fourth Quarter and Year End Results MONDOVI, Wis., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $5.6 million, or 7 cents per diluted share, for the fourth quarter ended December 31, 2024, compared with $12.4 million, or 15 cents per diluted share, for the fourth quarter of 2023. The 2024 fourth-quarter earnings improved 50.1% sequentially from 2024 third-quarter net income of $3.8 million, or 5 cents per diluted share. For the year ended December 31, 2024, net income was $26.9 million, or 33 cents per dil...
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., Nov. 27, 2024 (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 December 27, 2024 to stockholders of record at the close of business on December 13, 2024. This is Marten’s 58th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $251.6 million in cash dividends, including special dividends totaling $134.9 milli...
Marten Transport Announces Third Quarter Results MONDOVI, Wis., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $3.8 million, or 5 cents per diluted share, for the third quarter ended September 30, 2024, compared with $13.6 million, or 17 cents per diluted share, for the third quarter of 2023. For the nine-month period ended September 30, 2024, net income was $21.3 million, or 26 cents per diluted share, compared with $58.0 million, or 71 cents per diluted share, for the 2023 nine-month period. Operating revenue was $237.4 million ...
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., Aug. 14, 2024 (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, 2024 to stockholders of record at the close of business on September 16, 2024. This is Marten’s 57th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $246.7 million in cash dividends, including special dividends totaling $134.9 mi...
Marten Transport Announces Second Quarter Results MONDOVI, Wis., July 18, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $7.9 million, or 10 cents per diluted share, for the second quarter ended June 30, 2024, compared with $21.9 million, or 27 cents per diluted share, for the second quarter of 2023. For the six-month period ended June 30, 2024, net income was $17.5 million, or 22 cents per diluted share, compared with $44.4 million, or 55 cents per diluted share, for the 2023 six-month period. Operating revenue was $246.2 million for the se...
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., May 07, 2024 (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 28, 2024 to stockholders of record at the close of business on June 14, 2024. This is Marten’s 56th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $241.9 million in cash dividends, including special dividends totaling $134.9 million in 202...
Marten Transport Announces First Quarter Results MONDOVI, Wis., April 18, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $9.6 million, or 12 cents per diluted share, for the first quarter ended March 31, 2024, compared with $22.5 million, or 28 cents per diluted share, for the first quarter of 2023. Operating revenue was $249.7 million for the first quarter of 2024 compared with $298.0 million for the first quarter of 2023. Excluding fuel surcharges, operating revenue was $215.7 million for the 2024 quarter compared with $254.9 million for t...
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., Feb. 20, 2024 (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 March 29, 2024 to stockholders of record at the close of business on March 15, 2024. This is Marten’s 55th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $237.0 million in cash dividends, including special dividends totaling $134.9 million in ...
Marten Transport Announces Fourth Quarter and Year End Results MONDOVI, Wis., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $12.4 million, or 15 cents per diluted share, for the fourth quarter ended December 31, 2023, compared with $25.5 million, or 31 cents per diluted share, for the fourth quarter of 2022. For the year ended December 31, 2023, net income was $70.4 million, or 86 cents per diluted share, compared with $110.4 million, or $1.35 per diluted share, for 2022. Operating revenue was $268.2 million for the fourth quarter ...
MARTEN TRANSPORT APPOINTS ADAM PHILLIPS AS EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER MONDOVI, Wis., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced that its Board of Directors has appointed Adam D. Phillips to an executive officer as its Executive Vice President and Chief Operating Officer, effective December 13, 2023. “I’m extremely pleased to announce the appointment of Adam Phillips as our Executive Vice President and Chief Operating Officer. Adam’s appointment is a continuation of our plan to develop and transition to our next generati...
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., Nov. 30, 2023 (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 December 29, 2023 to stockholders of record at the close of business on December 15, 2023. This is Marten’s 54th consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $232.1 million in cash dividends, including special dividends totaling $134.9 milli...
Marten Transport Announces Third Quarter Results MONDOVI, Wis., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) today reported net income of $13.6 million, or 17 cents per diluted share, for the third quarter ended September 30, 2023, compared with $25.6 million, or 32 cents per diluted share, for the third quarter of 2022. For the nine-month period ended September 30, 2023, net income was $58.0 million, or 71 cents per diluted share, compared with $84.8 million, or $1.03 per diluted share, for the 2022 nine-month period. Operating revenue was $279.5 million for...
MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND MONDOVI, Wis., Aug. 15, 2023 (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 29, 2023 to stockholders of record at the close of business on September 15, 2023. This is Marten’s 53rd consecutive quarterly cash dividend. With the payment of this dividend, Marten will have paid a total of $227.2 million in cash dividends, including special dividends totaling $134.9 mil...
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