Marten Transport Q3 Profit Hit by Cost Pressures Despite Rate Gains
U.S. refrigerated carrier Marten Transport reported $2.9 million in Q3 net income as higher fuel and labor costs offset improving rates, sending shares down 7%.
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US Reefer Truckload Rejections Hit 21% as Fall Harvest and Protein Shipments Tighten Capacity
About one in five reefer loads is being rejected nationally, with fall produce and protein shipments plus diesel costs pushing refrigerated spot rates up roughly 28% year-to-date.
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