Marten Transport

First-to-report Marten was solidly better than a year ago but with some signs of a slowdown from the second quarter.

Temperature-controlled carrier Marten Transport rode higher yield metrics to a record quarter.

Procter & Gamble highlights the combination of commodity, freight and foreign exchange as having a combined 22% headwind on core EPS in its fiscal 2022 (ending June 30). The company’s organic sales grew 10% in its just-reported fiscal Q3 2022, broken down into pricing, volume and sales mix contributing 5, 3 and 2 points, respectively. […]

Truckload carrier Marten set several records in its quarterly earnings report, and its operating ratio net of fuel surcharges was one of the strongest numbers. But its labor costs were up significantly.

Marten’s labor and purchased transportation costs were higher in 2021 but were more than offset by rising revenue.

As ransomware attacks battered transportation and logistics companies in 2021, here are six things we learned about cybersecurity and freight.

Cybercriminals have attempted to sell network access for multiple shipping and logistics firms, opening the door for devastating ransomware attacks in the global supply chain, a new report warns.

Trucking firm Marten Transport discloses it was the victim of a cyberattack that may have exposed employee data after a ransomware gang briefly posted a claim of responsibility.

With other truckload carriers coming in at a sub-80% OR, Marten’s ratio for truckload improved just 40 bps.

Two fleetwide messages sent to drivers Tuesday from Tim Kohl, CEO of Marten Transport, thanked drivers for their patience “in working through some systems issues” the company started experiencing Sunday, but company executives have declined to issue a public statement.

Wisconsin-based truckload carrier Marten Transport was targeted in an apparent cyberattack that knocked out its operating system around 2:30 p.m. CDT on Sunday, according to a source familiar with the matter.

Truckload carrier Heartland Express announced a 50-cent-per-share special dividend Friday. It was the second carrier to announce a special dividend this week.

Marten Transport announced a special dividend of 50 cents per share. The payment marks the third straight year of special dividends for the carrier.

Truckload’s operating ratio was better but OR deteriorated for dedicated.

ORBCOMM, a provider of electronic logging devices and IoT technologies, announced carrier Marten Transport is retrofitting its fleet with ORBCOMM’s dual-mode asset-tracking devices.

The weather-related closure of three Walmart DCs had an outsized impact on the company.

In today’s edition of The Daily Dash, we explore the relationship between TFI International and the unionized LTL carrier UPS Freight. Plus, earnings have started in earnest and so far, so good.

Operating ratios for all its segments improved in the final three months of the year.

Reefer trailer orders were over 100% above replacement levels in November which shows capacity is trying to return to the reefer markets.

In today’s edition of The Daily Dash, a potential TRATON-Navistar tie-up moves closer to a conclusion, plus carriers still hold an upper hand in rate negotiations and early earnings results are not what people expected.