Marten Transport, Ltd. (MRTN)

In the past six months, Marten Transport Ltd.'s stock price has experienced a decline. As of October 25, 2025, the stock was trading at $9.72, with a 52-week range of $9.67 to $18.63. Over the last six months, the stock has fallen by approximately 24.77%. The company's stock has also decreased by 25.80% over the last six months and 36.89% over the last year. Recent events impacting the stock include the company's third-quarter 2025 earnings report, released on October 23, 2025, which showed declines in net income and revenue, missing analyst estimates. The company also confirmed the closing of a $51.8 million intermodal asset sale to Hub Group during this period. The broader transportation sector has been navigating a freight recession due to an imbalance of supply and demand, which has also impacted Marten Transport.

Demand for Marten Transport's services, particularly its Truckload segment which focuses on temperature-sensitive cargo like food and beverages, tends to be more consistent throughout the year compared to other segments because these are considered higher-value services. However, there can be some seasonal upticks, such as potential inventory restocking after the Easter season and in preparation for summer, which contributed to demand in Q2 2025. Despite this, the company has experienced weaker demand in its segments, including intermodal, due to broader market conditions.

Marten Transport Ltd. is a North American transportation and logistics company specializing in temperature-sensitive truckload and logistics services. The company operates within the Industrials sector, specifically in the Ground Freight & Logistics and Trucking Freight/Courier Services industries. Marten Transport's core business revolves around the transportation and distribution of food and other consumer packaged goods that require a temperature-controlled or insulated environment, including dairy, meat, produce, beverages, and pharmaceuticals, and they also handle dry freight. The company's services are categorized into truckload, dedicated, intermodal and brokerage.

Marten Transport Ltd. operates an extensive network across the United States, Canada, and Mexico. The company has over 20 locations in the U.S. that support its North American network. Marten has also expanded its footprint in Mexico, including a shipment out of Salinas Victoria, Nuevo Leon.

Marten Transport has established a strong reputation as a premier provider of temperature-controlled truckload services in North America. The company is known for its commitment to reliable and efficient transportation of temperature-sensitive goods, driven by a dedication to customer service, employee well-being, and operational excellence. Marten Transport maintains a modern, high-quality fleet of refrigerated trailers and possesses specialized expertise in managing sensitive freight, which are key differentiators in the industry. The company also emphasizes leveraging technology, fostering strong driver relationships, and maintaining high safety standards. There have been no specific events reported in the past year that have negatively affected Marten Transport Ltd.'s brand reputation.

Marten Transport Ltd. is primarily owned by institutional shareholders, who hold approximately 70.47% to 72.66% of the company's stock. Individual insiders own about 15% to 29.44% of the shares, while retail investors hold around 4.47%. Major institutional owners include BlackRock, Inc., Nuance Investments LLC, Dimensional Fund Advisors LP, Vanguard Group Inc, Geneva Capital Management LLC, Victory Capital Management Inc, State Street Corp, American Century Companies Inc and Geode Capital Management LLC. The largest individual shareholder is Randolph L. Marten, who serves as the Executive Chairman of the Board and owns 17.74 million shares, representing 21.76% of the company.