Marten Transport, Ltd.

The company is a multifaceted transportation and distribution business specializing in time and temperature-sensitive, and dry truck-based services. It operates across five business platforms: Temperature-Sensitive and Dry Truckload, Dedicated, Brokerage, and MRTN de Mexico. Its Intermodal operations were sold effective September 30, 2025. The company is a leading temperature-sensitive truckload carrier in the United States, transporting and distributing food and other consumer packaged goods requiring temperature-controlled or insulated environments. In 2025, it generated $883.7 million in operating revenue. Approximately 59% of its Truckload and Dedicated revenue in 2025 came from hauling temperature-sensitive products, and 41% from hauling dry freight. The company operates throughout the United States and in parts of Mexico and Canada, with revenue primarily from the United States. It provides regional truckload carrier services in the Southeast, West Coast, Midwest, South Central, and Northeast regions. Primary medium-to-long-haul traffic lanes are between the Midwest and the West Coast, Southwest, Southeast, and the East Coast, as well as from California to the Pacific Northwest. In 2025, the average length of haul was 405 miles. The company operates a fleet of 2,654 company and independent contractor tractors. It has four reporting segments: Truckload, Dedicated, and Brokerage, along with Intermodal operations which were sold effective September 30, 2025. The Truckload segment provides regional short-haul and medium-to-long-haul full-load transportation services.