Marten wraps up 2003 on a profitable note

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

Sign up for our eNewsletters
Get the latest news and updates

Voice Your Opinion!

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