Marten Transport Announces First Quarter Results
1. Marten's Q1 net income fell to $4.3 million, down from $9.6 million. 2. Operating revenue decreased to $223.2 million from $249.7 million year-over-year. 3. Operating expenses rose to 97.4% of revenue, indicating margin pressure. 4. Freight market recession impacts earnings due to weak demand and supply oversupply. 5. Marten is certified as a TCA Elite Fleet, enhancing its reputation.