Marten Transport, Ltd.

Marten Transport is a temperature-sensitive truckload carrier that provides transportation services for shippers in the United States, Mexico, and Canada. The company specializes in transporting food and consumer packaged goods that require a temperature-controlled or insulated environment, as well as dry freight. Its business is organized into three segments: Truckload, Dedicated, and Brokerage. The Truckload segment offers regional short-haul and medium-to-long-haul full-load transportation services. The Dedicated segment provides customized transportation solutions for individual customers using temperature-controlled trailers, dry vans, and specialized equipment. The Brokerage segment arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans.

Marten Transport is listed on the Nasdaq Global Select Market (NasdaqGS) under the ticker symbol MRTN. The company's financials are reported in US Dollars (USD), as it is based in the United States. The exchange is a major US stock exchange, providing liquidity and visibility for investors. The listing on NasdaqGS indicates that the company meets stringent listing requirements for financial and corporate governance standards.

Marten Transport operates in the Industrials sector and specifically within the Trucking industry. As a trucking company, it focuses on the transportation of goods over land using trucks. The Industrials sector encompasses a wide range of companies involved in manufacturing, transportation, and infrastructure. Within trucking, Marten Transport is a temperature-sensitive carrier, which sets it apart from general freight carriers by specializing in goods that require controlled environments, such as food and pharmaceuticals.

Marten Transport is headquartered in Mondovi, Wisconsin, United States. The company was founded in 1946 and has grown to serve shippers across the United States, Mexico, and Canada. Its operations are primarily focused on temperature-sensitive truckload transportation, catering to customers that require reliable and temperature-controlled logistics. The company's fleet includes 2,654 tractors as of December 31, 2025, comprising 2,577 company-owned tractors and 77 tractors supplied by independent contractors, enabling it to serve a broad geographic area.

Marten Transport generates revenue through three main segments: Truckload, Dedicated, and Brokerage. The Truckload segment provides full-load transportation services for temperature-controlled and dry freight, including regional short-haul and medium-to-long-haul routes. The Dedicated segment offers customized transportation solutions tailored to individual customer needs, using temperature-controlled trailers, dry vans, and specialized equipment. The Brokerage segment acts as an intermediary, arranging for third-party carriers to transport freight for customers. This multi-segment approach allows Marten Transport to serve a diverse customer base and adapt to varying demand, with a fleet of 2,654 tractors supporting its operations.