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Marten Transport, Ltd. (MRTN)


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24.35+0.30 (+1.25%)
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Marten Transport, Ltd.

129 Marten Street
Mondovi, WI 54755
United States
715-926-4216
http://www.marten.com

SectorServices
IndustryTrucking
Full Time Employees3,622

Key Executives

NameTitlePayExercisedAge
Mr. Randolph L. MartenChairman and Chief Exec. Officer663.21k66.72k64
Mr. Timothy M. KohlPres472.32kN/A69
Mr. James J. HinnendaelChief Financial Officer and Exec. VP266.61k35.51k54
Mr. Timothy P. NashExec. VP of Sales & Marketing331.22k42.29k65
Mr. John H. TurnerSr. VP of Sales266.26k157.87k55
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. It operates through four segments: Truckload, Dedicated, Intermodal, and Brokerage. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment. The Dedicated segment provides transportation solutions to individual customers using temperature-controlled trailers, dry vans, and other specialized equipment. The Intermodal segment transports its customers’ freight utilizing temperature-controlled trailers and dry containers on railroad flatcars for portions of trips, as well as using tractors and contracted carriers. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for its customers in temperature-controlled trailers and dry vans. As of December 31, 2016, the company operated a fleet of 2,785 tractors, including 2,717 company-owned tractors and 68 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.

Corporate Governance

Marten Transport, Ltd.’s ISS Governance QualityScore as of May 1, 2017 is 2. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 1; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.