Marten Transport's Q2 earnings add further confidence into a 9-quarter upwards trend for both the top and bottom line. See why I'm bullish on MRTN stock.
The National Wheat Foundation welcomed Joe Kejr as its new chair. Kejr farms with his son, brother and nephew west of Salina, Kan., where they raise wheat, corn, soybeans and milo. Kejr has found that…
We recommend that CPG companies, and others that ship refrigerated goods, pay close attention to
Marten Transport s (NASDAQ: MRTN) results each quarter. Marten, which reported its fourth quarter last week, is listed seventh on the Transport Topics list of top refrigerated carriers and is the only refrigerated pure play among the publicly traded carriers (Swift Refrigerated is fourth on the list, but its results are buried in the 18,000-tractor Knight-Swift trucking segment). So, Marten s results can give CPG companies a unique insight into how refrigerated carriers are performing without the impact of dry goods getting in the way.
Marten reported record results and it did so more with freight selection than pure price.