Marten

Marten Transport Upgrades Fleet With ORBCOMM’s Next Generation, Dual-Mode Asset Tracking Solutions

Tuesday, May 11, 2021 - 2:23pm

\xe2\x80\x9cBy helping Marten upgrade their fleet with our dual-mode technology and deploy our next-gen asset tracking solutions, we can deliver the highest levels of network performance, coverage and resiliency to enable Marten to manage their extensive fleet for the long term.\xe2\x80\x9d\n\xe2\x80\x9cWe are pleased to extend our successful, long-time partnership with ORBCOMM and leverage their unrivaled dual-mode technology on our refrigerated and dry assets,\xe2\x80\x9d said Dean Gobrecht, Asset Intelligence Manager for Marten Transport.

Key Points: 
  • \xe2\x80\x9cBy helping Marten upgrade their fleet with our dual-mode technology and deploy our next-gen asset tracking solutions, we can deliver the highest levels of network performance, coverage and resiliency to enable Marten to manage their extensive fleet for the long term.\xe2\x80\x9d\n\xe2\x80\x9cWe are pleased to extend our successful, long-time partnership with ORBCOMM and leverage their unrivaled dual-mode technology on our refrigerated and dry assets,\xe2\x80\x9d said Dean Gobrecht, Asset Intelligence Manager for Marten Transport.
  • ORBCOMM has a diverse customer base including premier OEMs, solutions customers and channel partners spanning transportation, supply chain, warehousing and inventory, heavy equipment, maritime, natural resources, and government.
  • In addition, specific consideration should be given to various factors described in Part I, Item 1A.
  • The Company undertakes no obligation to publicly revise any forward-looking statements or cautionary factors, except as required by law.\n'

Marten Transport Appoints Tim Kohl as Chief Executive Officer and Randy Marten as Executive Chairman

Tuesday, May 4, 2021 - 9:01pm

b'MONDOVI, Wisc., May 04, 2021 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has appointed Tim Kohl as its new Chief Executive Officer, effective today.

Key Points: 
  • b'MONDOVI, Wisc., May 04, 2021 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has appointed Tim Kohl as its new Chief Executive Officer, effective today.
  • Tim Kohl will succeed Randy Marten, who has served as the Company\xe2\x80\x99s Chief Executive Officer since 2005.
  • As Executive Chairman, I will continue to be involved with the oversight of Marten\xe2\x80\x99s business and strategic vision, while Tim Kohl will take the lead of our day-to-day operations as our Chief Executive Officer.
  • Marten undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.\nCONTACTS: Tim Kohl, Chief Executive Officer and President, and \nJim Hinnendael, Executive Vice President and Chief Financial Officer, \n'

MARTEN TRANSPORT DECLARES QUARTERLY DIVIDEND

Tuesday, May 4, 2021 - 9:02pm

b'MONDOVI, Wisc., May 04, 2021 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.04 per share of common stock.

Key Points: 
  • b'MONDOVI, Wisc., May 04, 2021 (GLOBE NEWSWIRE) -- Marten Transport, Ltd. (Nasdaq/GS:MRTN) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.04 per share of common stock.
  • The dividend will be payable on June 30, 2021 to stockholders of record at the close of business on June 16, 2021.\nThis is Marten\xe2\x80\x99s 44th consecutive quarterly cash dividend.
  • Marten is one of the leading temperature-sensitive truckload carriers in the United States, specializing in transporting and distributing food, beverages and other consumer packaged goods that require a temperature-controlled or insulated environment.
  • Marten undertakes no obligation to correct or update any forward-looking statements, whether as a result of new information, future events or otherwise.\nCONTACTS: Tim Kohl, Chief Executive Officer and President, and Jim Hinnendael, Executive Vice President and Chief Financial Officer, of Marten Transport, Ltd., 715-926-4216.\n'

Statement From Noront Resources and Marten Falls First Nation on Province of Ontario Plan to Advance the Ring of Fire

Tuesday, August 27, 2019 - 6:26pm

Development of the Ring of Fire is the single largest economic opportunity for Northern Ontario with significant benefits for the entire province.

Key Points: 
  • Development of the Ring of Fire is the single largest economic opportunity for Northern Ontario with significant benefits for the entire province.
  • For communities like Marten Falls, it is an unprecedented opportunity to transform our socio-economic future.
  • Noront is providing support to Marten Falls in their effort to expedite this road development.
  • Marten Falls First Nation and Noront have a Project Advancement agreement in place that ensures early dialogue and planning regarding the development of the mining projects.

MARTEN TRANSPORT ANNOUNCES SPECIAL AND QUARTERLY DIVIDENDS AND AN INCREASE IN SHARE REPURCHASE PROGRAM

Tuesday, August 13, 2019 - 10:15pm

Chairman and Chief Executive Officer Randolph L. Marten said, The Boards decision to declare the special and quarterly cash dividends and to increase our share repurchase program reflects our confidence in our financial strength and continued commitment to enhancing stockholder value.

Key Points: 
  • Chairman and Chief Executive Officer Randolph L. Marten said, The Boards decision to declare the special and quarterly cash dividends and to increase our share repurchase program reflects our confidence in our financial strength and continued commitment to enhancing stockholder value.
  • With the payment of these dividends, Marten will have paid a total of $84.3 million in cash dividends, including a $16.6 million special dividend in 2012, since the dividend program was implemented in the third quarter of 2010.
  • The repurchase program does not have an expiration date and may be suspended, modified or discontinued at any time.
  • CONTACTS: Tim Kohl, President, and Jim Hinnendael, Executive Vice President and Chief Financial Officer, of Marten Transport, Ltd., 715-926-4216.