Marten Transport Ltd
NASDAQ:MRTN

  • LAST PRICE
    17.6400
  • TODAY'S CHANGE (%)
    0.3700 (2.1424%)
  • Bid / Lots
    17.1900/ 1
  • Ask / Lots
    18.0100/ 1
  • Open / Previous Close
    17.4800 / 17.2700
  • Day Range
    17.0347
    17.7900
  • 52 Week Range
    15.3300
    21.3800
  • Volume
    227,638

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  • Sep 12, 2024

      Show headlines and story abstract

    • 8:08AM ET on Thursday Sep 12, 2024 by Dow Jones
      Companies Mentioned: MRTN

      By Dean Seal

      Marten Transport cut the salaries of its top leaders to offset ongoing weakness in the freight market.

      The refrigerated trucking company said Thursday that it has reduced by 7.5% the base salaries of Executive Chairman Randolph Marten, Chief Executive Timothy Kohl, Chief Financial Officer James Hinnendael and President Douglas Petit. Chief Operating Officer Adam Phillips and Chief Technology Officer Randall Baier have each taken a 5% cut to their base salaries.

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