Marten rode a significant increase in total fourth-quarter revenue to offset higher salaries and purchased transportation costs, resulting in a 20% increase in operating income and a 26.1% improvement in net income compared to the corresponding quarter of 2020.
After relatively constrained increases in operating income in the second and third quarters, compared to the corresponding quarters of the prior year, the fourth-quarter performance marked a bounce back. Operating income at Marten (NASDAQ:...
https://www.freightwaves.com/news/martens-metrics-and-bottom-line-improved-in-4th-quarter-of-2021