MARTEN TRANSPORT LTD
For the period ended Jul 18, 2024. Filed Jul 18, 2024.
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Jul 18, 2024 · Filed Jul 18, 2024
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MRTN$11.74-2.0%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · SEGMENT INFORMATION
SEGMENT INFORMATION
| Dollar · Percentage | ||||
|---|---|---|---|---|
| Change · Change | ||||
| Three Months · Three Months · Three Months | ||||
| Ended · Ended · Ended | ||||
| June 30, · June 30, · June 30, | ||||
| (Dollars in thousands) | 2024 | 2023 | 2024 vs. 2023 | 2024 vs. 2023 |
| Operating revenue: | ||||
| Truckload revenue, net of fuel surcharge revenue | $96,046 | $101,268 | $(5,222) | (5.2)% |
| Truckload fuel surcharge revenue | 16,477 | 15,870 | 607 | 3.8 |
| Total Truckload revenue | 112,523 | 117,138 | (4,615) | (3.9) |
| Dedicated revenue, net of fuel surcharge revenue | 67,444 | 87,437 | (19,993) | (22.9) |
| Dedicated fuel surcharge revenue | 13,822 | 17,548 | (3,726) | (21.2) |
| Total Dedicated revenue | 81,266 | 104,985 | (23,719) | (22.6) |
| Intermodal revenue, net of fuel surcharge revenue | 12,660 | 18,754 | (6,094) | (32.5) |
| Intermodal fuel surcharge revenue | 2,404 | 3,611 | (1,207) | (33.4) |
| Total Intermodal revenue | 15,064 | 22,365 | (7,301) | (32.6) |
| Brokerage revenue | 37,385 | 41,184 | (3,799) | (9.2) |
| Total operating revenue | $246,238 | $285,672 | $(39,434) | (13.8)% |
| Operating income/(loss): | ||||
| Truckload | $1,115 | $9,569 | $(8,454) | (88.3)% |
| Dedicated | 6,650 | 14,173 | (7,523) | (53.1) |
| Intermodal | (684) | (165) | (519) | (314.5) |
| Brokerage | 2,893 | 4,636 | (1,743) | (37.6) |
| Total operating income | $9,974 | $28,213 | $(18,239) | (64.6)% |
| Operating ratio: | ||||
| Truckload | 99.0% | 91.8% | ||
| Dedicated | 91.8 | 86.5 | ||
| Intermodal | 104.5 | 100.7 | ||
| Brokerage | 92.3 | 88.7 | ||
| Consolidated operating ratio | 95.9% | 90.1% | ||
| Operating ratio, net of fuel surcharges: | ||||
| Truckload | 98.8% | 90.6% | ||
| Dedicated | 90.1 | 83.8 | ||
| Intermodal | 105.4 | 100.9 | ||
| Brokerage | 92.3 | 88.7 | ||
| Consolidated operating ratio, net of fuel surcharges | 95.3% | 88.7% | ||
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