Marten wraps up 2003 on a profitable note

Jan. 30, 2004
Marten Transport Ltd, a refrigerated truckload carrier based in Mondovi WI, has reported net income of $3.5 million, or 24 cents per share, for the fourth
Marten Transport Ltd, a refrigerated truckload carrier based in Mondovi WI, has reported net income of $3.5 million, or 24 cents per share, for the fourth quarter ended Dec 31, 2003, versus $579,000, or 6 cents, in the same period a year earlier. For the year ended Dec 31, 2003, net income surged 98.3% to $11.8 million from $6.0 million for 2002.

Operating revenue for the 2003 fourth quarter rose 11.7% to $85.2 million. For the year ended Dec 31, 2003, operating revenue climbed 14.2%, to $334.7 million from $293.1 million for 2002.

About the Author

from staff and wire reports

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Boost truck leasing profits with telematics insights! Reduce maintenance costs, improve uptime, and strengthen customer relationships. Learn how data drives success.
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...