{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-002185","form_type":"8-K","ticker":"MRTN","cik":"0000799167","company_name":"MARTEN TRANSPORT LTD","filed_at":"2024-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.953556+00:00","generated_at":"2026-06-06T18:49:20.729472+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Marten Transport Q4 net income falls 51% to $12.4M; full-year EPS drops to $0.86 from $1.35","bullets":["Q4 diluted EPS of $0.15 vs $0.31 in Q4 2022; operating revenue down 17% to $268.2M.","Full-year 2023 net income $70.4M ($0.86/sh) vs $110.4M ($1.35/sh) in 2022.","Operating expenses as % of operating revenue (net of fuel surcharges) rose to 93.2% from 87.8%.","Executive Chairman cites freight market recession, weak demand, oversupply, and inflationary costs.","Company has not agreed to any rate reductions since August 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-002185","json":"https://secwatch.observer/filing/0001437749-24-002185.json","markdown":"https://secwatch.observer/filing/0001437749-24-002185.md","text":"https://secwatch.observer/filing/0001437749-24-002185.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/799167/000143774924002185/0001437749-24-002185-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/799167/000143774924002185/mrtn20240122_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T18:49:20.729472+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"593b2a03a6cebecc9ad53ff0d5ab05f99cb34a1b","claim":"MARTEN TRANSPORT LTD reported the fourth quarter ended December 31, 2023 results: revenue $268.2 million, net income $12.4 million, EPS 15 cents per diluted share.","evidence_excerpt":"Operating revenue was $268.2 million for the fourth quarter of 2023 compared with $322.6 million for the fourth quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774924002185/0001437749-24-002185-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$268.2 million"},{"label":"Net income","value":"$12.4 million"},{"label":"EPS","value":"15 cents per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f780db04de7ac64056510631276b10cdf870e989","claim":"MARTEN TRANSPORT LTD reported the year ended December 31, 2023 results: revenue $1.131 billion, net income $70.4 million, EPS 86 cents per diluted share.","evidence_excerpt":"Operating revenue was $1.131 billion for 2023 compared with $1.264 billion for 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/799167/000143774924002185/0001437749-24-002185-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$1.131 billion"},{"label":"Net income","value":"$70.4 million"},{"label":"EPS","value":"86 cents per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}