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Refrigerated trucker defies slow economy, gains revenue, expands capacity
Marten Transport improved its profitability for the fifth straight quarter, raising its profit 20.1 percent from a year ago to $6.2 million in the second quarter.
The Mondovi, Wis.-based refrigerated truckload carrier increased its profit compared with the first quarter as well, when it reported $4.1 million in net income.
Operating revenue net of fuel surcharges increased 14 percent to $121.8 million. The carrier’s total revenue increased 20 percent from a year ago to $151.1 million. ...............
Marten Transport Boosts Profit 20 Percent | Journal of Commerce
Marten Transport improved its profitability for the fifth straight quarter, raising its profit 20.1 percent from a year ago to $6.2 million in the second quarter.
The Mondovi, Wis.-based refrigerated truckload carrier increased its profit compared with the first quarter as well, when it reported $4.1 million in net income.
Operating revenue net of fuel surcharges increased 14 percent to $121.8 million. The carrier’s total revenue increased 20 percent from a year ago to $151.1 million. ...............
Marten Transport Boosts Profit 20 Percent | Journal of Commerce