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Updated:
7/20/2010 5:30:00 PM
Marten’s Second-Quarter Income Rises 15%
Refrigerated truckload carrier Marten Transport’s second-quarter profit rose 15.2% as its logistics operations expanded.
Net income rose to $5.2 million, or 23 cents per share, from $4.5 million, or 20 cents, a year ago.
Revenue from truckload and logistics operations rose to $125.9 million, from $125.8 million, the company said late Tuesday.
Logistics revenue rose $1.1 million in the quarter, net of intermodal fuel surcharges.
Marten Transport is ranked No. 40 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
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