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Mar 31, 2020
Marten Transport Q1 2020 Earnings Report
Marten Transport reported a net income improvement for Q1 2020.
Key Takeaways
Marten Transport reported a 1.3% increase in net income to $13.7 million, with operating revenue up 9.9% to $218.6 million for the first quarter of 2020.
Net income increased by 1.3% to $13.7 million, or 25 cents per diluted share.
Operating revenue improved by 9.9% to a record $218.6 million.
Excluding fuel surcharges, operating revenue improved 10.2% to $193.4 million.
The company added 101 Dedicated and 73 Truckload tractors during the first quarter.
Marten Transport
Marten Transport
Marten Transport Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income