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: 27.48%

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

Marten Transport, Ltd. functions as a prominent logistics firm, specializing in the temperature-controlled shipment of goods across the United States, Canada, and Mexico. The company's operations are divided into four main segments. Its Truckload division focuses on conveying food and other consumer packaged items that necessitate either a temperature-controlled or insulated environment. The Dedicated segment provides bespoke transportation solutions, utilizing various equipment like temperature-controlled trailers, dry vans, and other specialized vehicles to fulfill specific client requirements. Through its Intermodal activities, Marten Transport moves customer freight by placing its refrigerated containers and temperature-sensitive trailers on railway flatcars for portions of trips, complemented by its own tractors and contracted carriers for other segments. The Brokerage segment involves coordinating with external carriers to transport goods for clients, primarily utilizing temperature-controlled and dry van equipment. As of December 31, 2021, the company's fleet comprised 3,204 tractors, with 3,111 being company-owned and 93 supplied by independent contractors. Established in 1946, Marten Transport, Ltd. 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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