Marten Transport traded at $11.78 this Friday October 23rd, decreasing $0.52 or 4.23 percent since the previous trading session. Looking back, over the last four weeks, Marten Transport lost 8.26 percent. Over the last 12 months, its price rose by 21.19 percent. Looking ahead, we forecast Marten Transport to be priced at 11.53 by the end of this quarter and at 10.81 in one year, according to Trading Economics global macro models projections and analysts expectations.
Marten Transport, Ltd. is a temperature-sensitive truckload carrier. The Company focuses on transporting and distributing food and other consumer-packaged goods that require a temperature-controlled or insulated environment. The Company operates through four segments: Truckload, Dedicated, Intermodal and Brokerage. It operates throughout the United States and in parts of Canada and Mexico. The Company's 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. It provides regional truckload carrier services in the Southeast, West Coast, Midwest, South Central and Northeast regions. It also offers fuel surcharges, loading and unloading activities, equipment detention and other accessorial services. The Company's Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services.