Transport Topics Online  
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/15/2014 4:40:00 PM Write a Letter to the Editor Write a letter to the Editor

Marten’s 1Q Income Declines


Russ MacNeil for TT

Truckload carrier Marten Transport’s first-quarter net income declined to $5.3 million, or 16 cents per share, from $7.2 million, or 22 cents, a year ago.

“Our results reflect the impact of the severe weather conditions that greatly hindered each of our operating segments in this year's first quarter,” Chairman and CEO Randolph Marten said in a statement. “The conditions were unusually harsh and widespread, significantly affecting both freight volumes and operating costs.”

Operating revenue from truckload and logistics operations declined to $159.4 million from $164.5 million the previous year, Marten said.

Marten Transport is ranked No. 42 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2014, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising

EMU
iTech
© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement