Covenant
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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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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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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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News
Covenant reports strong revenue growth, but number of team drivers falls again
Covenant Transportation Group (NASDAQ: CVTI) reported a total revenue jump of 19.5 percent to $196.3 million in the second quarter of 2018 during its earnings…
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Economics
Strong transport stocks act as green signal for some investors, others anticipate downturn
With transport stocks surging, some market watchers are hopeful that the current expansion period will continue despite downturns in the broader market earlier this year.
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News
T18 panelists discuss managing telematics data flows
The telematics revolution is creating a vast data lake, but now the industry has to figure out how to navigate it.
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Company earnings
FreightWaves adds freight stock watchlist
FreightWaves adds stock tickers for publicly traded stocks in the freight space
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News
Today’s Pickup: autonomous Uber vehicle kills pedestrian
Uber AV kills pedestrian in Arizona; XPO Logistics takes its app to Europe; CSX has no apologies; China COSCO building methanol fuel plants in Louisiana;…
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Economics
Tweeners and teams: Covenant Transport stock jumps 5% on optimistic guidance
An optimistic Q1 guidance document released by Covenant Transport yesterday caused the carrier's stock to jump 5% this morning. We explain how the team fleet…
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