Marten Transport Announces $51.8M Sale of Intermodal Assets to Hub Group

Reuters

2025/07/22

Marten Transport Announces $51.8M Sale of Intermodal Assets to Hub Group

Marten Transport Ltd. has announced the sale of assets related to its intermodal business to Hub Group, Inc. The deal involves the transfer of over 1,200 refrigerated containers and contracts for $51.8 million in cash. The transaction is set to close by the end of the third quarter, subject to customary closing conditions. This move is part of Marten's strategy to focus on its core operations and capitalize on growth opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marten Transport Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9498251-en) on July 22, 2025, and is solely responsible for the information contained therein.

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