Marten Transport Ltd
NASDAQ:MRTN
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MRTN's latest stock split occurred on Aug 14, 2020
The company executed a 3-for-2 stock split, meaning that for every 2 shares held, investors received 3 new shares.
Before the split, MRTN traded at 28.02 per share. Afterward, the share price was about 16.6147.
The adjusted shares began trading on Aug 14, 2020. This was MRTN's 7th stock split, following the previous one in Jul 10, 2017.
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CHM
6085
688678
CAOEF
Marten Transport Ltd
Glance View
Marten Transport Ltd., founded in 1946, has journeyed from a simple milk hauling business in the rural expanses of Wisconsin to becoming a vanguard in the temperature-sensitive transportation industry across North America. Its evolution is a testament to strategic vision and adaptability. Guided by its commitment to timely and safe delivery, Marten Transport has carved out a significant niche within the intricate logistics sector by specializing in refrigerated trucking. This capability allows them to cater to the transportation needs of perishable goods — a market segment that requires precision and reliability. Through its steadfast dedication to these principles, Marten has grown into a leading figure, ensuring essential goods such as food and pharmaceuticals efficiently reach marketplaces, even amidst complex logistical challenges. Operating primarily through its extensive network of company-owned logistics and intermodal units, Marten Transport generates revenue by providing transportation and distribution solutions tailored to time- and temperature-sensitive freight. Its diverse fleet and strategically located service centers enable it to offer versatile freight solutions, from full truckload shipping to dedicated and intermodal services. By maintaining a focus on innovative fleet management and leveraging technology, the company ensures optimal routing and energy efficiency, thereby controlling costs and enhancing service quality. Through these strategies, Marten Transport not only secures recurring business from businesses requiring dependable refrigerated logistics but also positions itself as a resilient player in the dynamic, demand-driven landscape of transportation services.
