Marten Transport
organic operating results nothing has changed since henry wrote this in quarter over quarter year over year marten transport has delivered consistent top quartile results key word is consistent when compared to many of the you don see very many blips in operating expenses or legal exposures that may cause period for everything i read about them through their earnings releases and sec filings point to a very disciplined operating team marten has hung with and bettered the performance of many of the big dogs henry marten transport delivers the goods truckload indexes in each of the five years from through we set the then current record for our highest annual operating revenue and operating income we also achieved in each of through our then best operating ratio net of fuel for any year since we became a public company in this year earnings were heavily pressured by the freight market recession weak demand and oversupply inflationary operating costs and cumulative impact of decreased freight rates leading to freight network disruptions we remain focused on both minimizing the freight market impact on our operations and investing in and positioning our operations to capitalize on profitable organic growth opportunities as the market moves toward equilibrium from its current recessionary late stages with fair compensation for our premium services accordingly we have not agreed to any rate reductions since last august energy and persistence conquer all things benjamin franklin | Marten Transport
Company
Deck Type
Sector
Industry
Deck date
January 2024
Slide
16 of 16
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