---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-031470"
form_type: "8-K"
ticker: "MRTN"
cik: "0000799167"
company_name: "MARTEN TRANSPORT LTD"
filed_at: "2024-10-17T23:59:59+00:00"
generated_at: "2026-05-30T13:30:27.606875+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Marten Transport Q3 net income $3.8M ($0.05 EPS), down 72% YoY; revenue down 15%

## Summary
- Net income $3.8M, EPS $0.05, vs $13.6M ($0.17) in Q3 2023; nine-month net income $21.3M ($0.26) vs $58.0M ($0.71).
- Operating revenue $237.4M (-15% YoY); ex-fuel surcharge $207.9M (-13%).
- Operating income $4.3M vs $17.2M; operating expense ratio worsened to 98.2% (GAAP) or 97.9% (ex-fuel surcharge) from 93.8%/92.8%.
- Executive Chairman cites freight recession, weak demand, inflationary costs; notes sequential improvement in truckload/dedicated rates.
- New multi-year dedicated programs for 149 drivers (up from 133); contracts extended for 337 drivers.

## SEC filing metadata
- accession: 0001437749-24-031470
- form_type: 8-K
- ticker: MRTN
- cik: 0000799167
- company_name: MARTEN TRANSPORT LTD
- filed_at: 2024-10-17T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799167/000143774924031470/0001437749-24-031470-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799167/000143774924031470/mrtn20241015_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-031470
- JSON: https://secwatch.observer/filing/0001437749-24-031470.json
- Plain text: https://secwatch.observer/filing/0001437749-24-031470.txt

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