FreightWaves’ initial coverage of Marten earnings can be found here.
With Marten Transport’s earnings taking the role of first out of the box this quarter, the numbers show a quarter with some strength but one that overall didn’t significantly exceed what happened last year, despite all the talk about how strong the freight market is.
Investors didn’t like what they heard. At approximately 5:30 p.m. EDT, Marten’s stock was down 7.88% from Thursday’s close to $16.60.
Marten did keep its costs...
https://www.freightwaves.com/news/first-3q-earnings-report-is-from-marten-and-it-isnt-a-blockbuster