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Marten Transport posted a decline in earnings and revenue for Q1 2025, driven by prolonged freight market recession, inflationary pressures, and reduced freight rates. Despite the downturn, dedicated and brokerage divisions remained solid contributors.
Net income declined by 55.1% compared to Q1 2024.
EPS stood at $0.15, with revenue reaching $249,700,000.
Dedicated and brokerage operations showed relative strength amid the downturn.
Operating income dropped 52.2% year-over-year.
Marten anticipates gradual improvement as the freight market recovers, leveraging dedicated and dry van expansion.