Marten Transport net income up nearly 50%
Jan 27, 2005 8:52 AM, from staff and wire reports
Marten Transport Ltd, the Mondovi WI-based temperature-controlled carrier, announced its financial and operating results for the quarter and year ended Dec 31, 2004.
For the 2004 fourth quarter, operating revenue increased 24.0% to $105.7 million from $85.2 million for the same quarter of 2003. For the year 2004, operating revenue rose 13.6% to $380.0 million from $334.7 million for 2003.
Net income for the 2004 fourth quarter surged 49.9% to $5.2 million from $3.5 million for the same quarter of 2003. For all of 2004, net income climbed 48.1% to $17.5 million from $11.8 million for 2003.
