MONDOVI, Wis. — Marten Transport Ltd., which hauls food and other consumer goods in temperature-controlled trucks, said Tuesday its profit fell despite an increase in fuel-surcharge revenue.
The company's cost rose too, especially for fuel and transportation it purchased for its brokerage and logistics businesses.
Marten said it earned $3.9 million, or 18 cents per share, compared with $4.1 million, also 18 cents per share, a year earlier.
Analysts expected the company to earn 15 cents per share, according to a survey by Thomson Reuters.
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