Marten Transport, Ltd.: Business Overview, Financials & Competitive Analysis
Marten Transport, Ltd. scores 4/10 on the AskCyborg Cyborg Score (Challenged). Marten Transport faces significant near-term headwinds in a challenged freight market, requiring operational turnaround and margin recovery to restore shareholder value. Operating income has plunged 63% year-over-year and net income has shrunk 62% year-over-year, with operating margins declining 58%. The company faces weak industry conditions with deteriorating fundamentals, though.
What is Marten Transport, Ltd.'s industry? Marten Transport, Ltd. (marten.com) operates in Transportation & Logistics - Refrigerated Trucking. AskCyborg classifies Marten Transport, Ltd. under Transportation & Logistics - Refrigerated Trucking in its company registry.
Marten Transport operates as a temperature-sensitive truckload carrier for shippers in the United States, Mexico, and Canada, with operations across four segments: Truckload, Dedicated, Intermodal, and Brokerage. The ...
Cyborg Score thesis
Marten Transport faces significant near-term headwinds in a challenged freight market, requiring operational turnaround and...
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Get Current Report FreeMarten Transport, Ltd. Overview
Pro stress-test →Marten Transport operates as a temperature-sensitive truckload carrier for shippers in the United States, Mexico, and Canada, with operations across four segments: Truckload, Dedicated, Intermodal, and Brokerage. The company specializes in transporting temperature-controlled food and consumer packaged goods, a niche segment of the broader trucking industry.
Strategic Profile
Pro stress-test →Founded in 1946 and headquartered in Mondovi, Wisconsin, Marten Transport has over 75 years of industry experience. As of December 31, 2024, the company operated a fleet of 3,006 tractors including 2,918 company-owned tractors. However, recent financial headwinds have pressured margins and profitability across the industry.
Competitive Landscape
Pro stress-test →Marten Transport competes against key players such as C.R. England, USA Truck, and PAM Transportation in a dynamic refrigerated trucking market. The company faces intense competition from larger regional and national carriers, with industry challenges driven by capacity oversupply and freight demand softness.
Industry Context
Marten Transport, Ltd. operates in Transportation & Logistics - Refrigerated Trucking.
Key facts
Founded: 1946 · Headquarters: Mondovi, Wisconsin, US · Employees: 1000-5000 · Revenue: ~$850M