Covenant
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News
Covenant gets Q3 boost from managed, expedited divisions
Covenant Logistics Group’s managed freight segment revenue grew 89% year-over-year during the third quarter, to $90 million.
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News
Covenant beats analysts’ expectations with $274M in revenue
Chattanooga-based Covenant benefited from an exceptionally strong freight market resulting from growing economic activity, low inventories and supply chain disruptions.
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Trucking
Investors, Wall Street research firm like Covenant’s bullish forecast
Cowen raises price projection for the truckload carrier after its announced third-quarter forecast
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Trucking
Commentary: 2019 was a tough year for trucking
Ben Thrower writes about what most in the trucking industry know - 2019 was a tough year for almost everyone.
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Trucking
Covenant promotes trio of young executives
Three young executives have taken on new roles at Chattanooga-based Covenant Transport Services. The promotions, effective last month, set the trio up to take on…
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Covenant executives talk rate negotiations on earnings conference call
Parker said the company has been pleasantly surprised by the rate increases they have seen when negotiating contracts with existing customers, noting that many are…
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Company earnings
Covenant executives talk rate negotiations on earnings conference call
Covenant Transportation Group (NASDAQ: CVTI) posted adjusted earnings per share (EPS) of $0.27 for the first quarter of 2019, beating analyst estimates and edging past…
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Company earnings
Soft CVTI guidance sparks truckload selloff
Covenant Transport is the first enterprise carrier to lower guidance for Q1 on a numbers of headwinds, none of which are macroeconomic—yet.
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Truckload carrier recognized as one of America’s best employers for diversity
Forbes has named Covenant Transport (NASDAQ: CVTI) one of America’s Best Employers For Diversity in 2019. Coming in at number 463, Covenant was the only…
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Company earnings
Covenant beats analyst projections and posts record Q4 revenues
Covenant Transport (NASDAQ: CVTI) reported record revenue in the fourth quarter, beating analyst projections by $10.72 million. The company announced $272.3 million in total revenue,…
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