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To: ~digs who wrote (5269)7/22/2008 10:06:36 PM
From: ~digs  Respond to of 7944
 
6:08PM Marten Transport beats by $0.01 (MRTN) 19.05 +1.07 : Reports Q2 (Jun) earnings of $0.16 per share, $0.01 better than the First Call consensus of $0.15; revenues rose 15.3% year/year to $160 mln vs the $153.8 mln consensus. Co says "For the second half of 2008, we expect freight demand to continue to improve somewhat but to remain less than robust. We also expect industry-wide equipment capacity to remain flat or decrease as poorly capitalized and poorly operated trucking companies shrink their fleets or fail in a difficult environment. In light of those general economic assumptions, our goals are to improve our rate structure by focusing on profitable freight and providing superior service, to maintain our fleet at or modestly above our current size, and to aggressively control our costs. Assuming fuel does not spike rapidly in the second half of the year, we expect to continue to improve our operating results sequentially in the third and fourth quarters."