Marten tallies 15 quarters of growth in a row
Oct 19, 2006 8:54 AM, from staff and wire reports
Mondovi WI-based refrigerated carrier Marten Transport Ltd announced its financial and operating results for the third quarter and nine months ended Sept 30, 2006.
For the 2006 third quarter, operating revenue increased 14.1% to $135.8 million from $119.1 million for the 2005 quarter. For the nine-month period of 2006, operating revenue rose 15.7% to $387.2 million from $334.8 million for the 2005 period.
Net income for the third quarter of 2006 advanced 5.7% to $6.7 million from $6.4 million for the 2005 quarter. For the nine-month period of 2006, net income climbed 7.7% to $19.3 million from $18.0 million for the 2005 period.
“The third quarter of 2006 marked the 15th consecutive quarter of year-over-year growth in earnings for Marten Transport," said Randolph L Marten, the firm's chairman, president, and chief executive officer.
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