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Marten Transport, Ltd. (MRTN)

16.99 +0.26 (+1.55%)
As of 12:13 PM EDT. Market Open.

Key Executives

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Mr. Randolph L. Marten Executive Chairman of the Board 820.48k -- 1953
Mr. Timothy M. Kohl Chief Executive Officer 753.49k -- 1948
Mr. Douglas Paul Petit President 405.76k -- 1967
Mr. James J. Hinnendael Executive VP & CFO 416.76k -- 1963
Mr. Adam D. Phillips Executive VP & COO 320.41k -- --
Mr. Randall J. Baier Executive VP & CTO 294.13k 34.17k --
Mr. Patrick J. Pazderka J.D. Secretary -- -- --

Marten Transport, Ltd.

129 Marten Street
Mondovi, WI 54755
United States
715 926 4216 https://www.marten.com
Sector: 
Industrials
Industry: 
Trucking
Full Time Employees: 
4,213

Description

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United State, Mexico, and Canada. The company operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment, as well as dry freight; and regional short-haul and medium-to-long-haul full-load transportation services. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports customers' freight utilizing its refrigerated containers and temperature-controlled trailers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2023, the company operated a fleet of 3,349 tractors, that included 3,255 company-owned tractors and 94 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

Corporate Governance

Marten Transport, Ltd.’s ISS Governance QualityScore as of April 1, 2024 is 2. The pillar scores are Audit: 3; Board: 6; Shareholder Rights: 1; Compensation: 3.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Recent Events

  • Apr 18, 2024
    8-K: Corporate Changes & Voting Matters
    See Full Filing
  • Mar 29, 2024
    Dividend Date
  • Mar 15, 2024
    DEF 14A: Proxy Statements
    See Full Filing
  • Mar 14, 2024
    Ex-Dividend Date
  • Feb 28, 2024
    10-K: Periodic Financial Reports
    See Full Filing

Upcoming Events

Jul 17, 2024 - Jul 22, 2024
Marten Transport, Ltd. Earnings Call

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