---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-022984"
form_type: "8-K"
ticker: "MRTN"
cik: "0000799167"
company_name: "MARTEN TRANSPORT LTD"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T20:00:01.557151+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Marten Transport Q2 EPS $0.10 vs $0.27 YoY; revenue down 14% to $246.2M

## Summary
- Net income $7.9M ($0.10 diluted) vs $21.9M ($0.27) in Q2 2023; operating income $10.0M vs $28.2M.
- Operating revenue $246.2M, down 14% YoY from $285.7M; fuel surcharge revenue fell to $32.7M from $37.0M.
- Executive cites freight market recession, oversupply, weak demand, and inflationary costs as headwinds.
- Added new multi-year dedicated programs for an additional 133 drivers starting in Q3.
- Non-GAAP operating expenses as % of revenue net of fuel surcharges were 95.3% vs 88.7% YoY.

## SEC filing metadata
- accession: 0001437749-24-022984
- form_type: 8-K
- ticker: MRTN
- cik: 0000799167
- company_name: MARTEN TRANSPORT LTD
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799167/000143774924022984/0001437749-24-022984-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799167/000143774924022984/mrtn20240715_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-022984
- JSON: https://secwatch.observer/filing/0001437749-24-022984.json
- Plain text: https://secwatch.observer/filing/0001437749-24-022984.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.