Marten Transport Results Presentation Deck
Improving Organic Operating Results
MARTEN M+
TRANSPORT
LTD.
Nothing has changed since Chris Henry wrote this in Dec. 2018:
"Quarter-over-quarter, year-over-year, Marten Transport (NASDAQ: MRTN) has delivered
consistent, top quartile results. Key word is consistent. When compared to many of the
others, you don't see very many blips in operating expenses or legal exposures that may
cause multi-period hangovers for others. Everything I read about them through their
earnings releases and SEC filings point to a very disciplined operating team... Marten has
hung with and bettered the performance of many of the big dogs."
Henry, Chris. Marten Transport Delivers the Goods. TCA Truckload Indexes, Dec. 2018
In each of the five years from 2018 through 2022, we set the then-current record for our highest
annual operating revenue and operating income. We also achieved in each of 2020 through 2022
our then-best operating ratio, net of fuel s/c, for any year since we became a public company in
1986. Operating revenue increased 3.7% in Q1 '23 despite the softer freight market.
"Energy and persistence conquer all things." - Benjamin Franklin
The disciplined execution by our bright and talented people of a unique business model
featuring our multifaceted business platform has driven and will continue to drive profitable
growth.View entire presentation