Marten Transport, Ltd. logo MRTN - Marten Transport, Ltd.

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| PRICE TARGET: $22.50 DETAILS
HIGH: $25.00
LOW: $20.00
MEDIAN: $22.50
CONSENSUS: $22.50
UPSIDE: 34.81%

About Marten Transport, Ltd. (https://www.marten.com)

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports customers' freight utilizing its refrigerated containers and temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2021, the company operated a fleet of 3,204 tractors, including 3,111 company-owned tractors and 93 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

Key Executives

NAME TITLE DOB SALARY
Randolph L. Marten Chief Executive Officer & Chairman of the Board 1953 $811,305 USD
James J. Hinnendael Executive Vice President & Chief Financial Officer 1963 $442,456 USD
Douglas Paul Petit President 1967 $402,401 USD
Adam D. Phillips Executive Vice President & Chief Operating Officer 1978 $311,222 USD
Randall J. Baier Executive Vice President & Chief Technology Officer 1971 $302,740 USD
Patrick J. Pazderka Secretary

Company Peers

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