MASHINIi

Marten Transport, Ltd..

MRTN.US | Freight transport by road

Marten Transport, Ltd. is a temperature-sensitive truckload carrier providing protective service and time-sensitive transportation solutions for shippers who transport food, beverages, and other products that are temperature sensitive or require specialized handling. The company operates primarily i...Show More

Ethical Profile

Mixed.

Marten Transport, Ltd. receives a mixed ethical rating. On worker treatment, its 2022 CEO-to-median employee pay ratio was 21:1, significantly better than the peer average of 82:1. However, the company faced wage and hour violations, resulting in penalties totaling $70,525 between 2018-2020, and reports suggest employee concerns about management. Marten aims to increase living-wage earners from 50% to 75% within two years. Environmentally, it utilizes solar panels at terminals and on some trucks and has received freight efficiency awards, but has also faced penalties for air pollution violations. Critics point to a lack of specific emissions reduction targets. Marten maintains a code of ethics and an anonymous whistleblower hotline.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect-10
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-40
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-60
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess Marten Transport, Ltd. on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess Marten Transport, Ltd. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

-10

Marten Transport's CEO-to-median employee pay ratio was 23:1 in 2021, decreasing to 21:1 in 2022.

1
The company's employee rating on Glassdoor is 3.4 out of 5 stars (68%), with 59% of employees recommending working there.
2
The annualized driver turnover rate for large truckload fleets, which Marten Transport is part of, was 88% in Q4 2017.
3
The company has recorded three wage and hour violations in 2018, 2019, and 2020, totaling $70,525 in penalties, and one workplace safety or health violation in 2019 with a $6,500 penalty.
4

Fair Trade & Ethical Sourcing

0

Marten Transport, as a temperature-sensitive truckload carrier, primarily provides transportation services and does not procure or trade physical commodities in a way that would typically involve fair-trade certifications. Similarly, its business model does not involve material sourcing of at-risk inputs, making the materials risk index not applicable. No evidence was found for other KPIs related to fair trade and ethical sourcing, such as supplier audits, traceability, or specific ethical clauses in supplier contracts.

1

Honest & Fair Business

-40

Marten Transport has a formal whistleblower protection policy with an anonymous reporting hotline, which is monitored by the Audit Committee Chair, and procedures for confidential/anonymous submissions regarding accounting, internal controls, or auditing matters.

1
The board of directors has 75% independent members. A code of ethics/conduct addresses legal and regulatory compliance, insider trading, confidentiality, conflicts of interest, competition, fair dealing, financial reporting, asset protection, and reporting of illegal or unethical behavior, with oversight by the Audit Committee for key executives.
2

Kind to Animals

0

No evidence available to assess Marten Transport, Ltd. on Kind to Animals.

No War, No Weapons

0

No specific, concrete data points were found in the provided articles to assess Marten Transport, Ltd. against any of the KPIs for the 'No War, No Weapons' ethical value. The articles primarily detail the company's environmental sustainability initiatives, general operational improvements, and a human trafficking policy.

1
There is no information regarding revenue from arms or defense contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, or any other defense-related activities or policies.
2
A $30,000 donation to a National Ability Center for a children's adventure is not considered a peacebuilding or disarmament initiative as defined by the rubric.
3

Planet-Friendly Business

-60

Marten Transport does not market, sell, purchase, or use voluntary carbon offsets.

1
The company has faced environmental compliance violations, including an air pollution violation in 2017 resulting in a $100,000 penalty and an environmental violation in 2016 with a $7,197 penalty.
2

Respect for Cultures & Communities

0

No evidence available to assess Marten Transport, Ltd. on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess Marten Transport, Ltd. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

No specific, concrete data points were found in the provided articles for any of the KPIs related to Zero Waste & Sustainable Products. Information regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audits, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education was not available.

1
While the company mentions solar panel usage for CO2 offset,
2
this falls under general carbon reduction and is explicitly excluded from this value unless directly related to waste management.

Own Marten Transport, Ltd.?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.