Covenant Transport
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News
Table set for 3Q truckload earnings blowout
Data and commentary point to an earnings blowout for trucking companies in the third quarter with the likelihood of similar results in the fourth quarter.…
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Truckload
Covenant follow: Strong third-quarter freight market will mean significant improvement in company’s OR
Covenant also announces it reached agreement with Triumph over sale of TFS factoring unit
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Trucking
Breaking News: Covenant, Triumph resolve dispute over sale of TFS factoring
Truckload carrier also sees strong third quarter
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Business
Startups, regulators aligned in aggressive approach to getting zero-emissions trucks on the road
Slower-going legacy companies try to figure out what exactly the path to the green transportation future is going to look like.
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News
The Daily Dash: Amazon and malls; Convoy’s big deals; and could a big deal fall through?
In today’s edition of The Daily Dash, Amazon is looking at how it might utilize mall space and Convoy unveils some big deals for carriers.…
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Business
‘Sloppy’ earnings at Covenant, but restructuring steps in Q2 were significant
Fleet size down by 10%; cutback in other costs highlighted company’s performance.
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Trucking
Sale of Covenant factoring business to Triumph hits a snag
Sale of TFS hits a dispute over status of more than half the assets in the deal
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Business
Covenant sells its factoring arm to Triumph
TFS being sold for more than $100 million, other considerations
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Business
Covenant shuts down SRT’s Texarkana terminal and operations, relocates to Chattanooga headquarters
Citing economic challenges tied to the coronavirus pandemic, as well as the need to focus resources toward targeted business units, Southern Refrigerated Transport (SRT), a…
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Online Haul of Fame
Online Haul of Fame: M.S. Carriers
This is part of our ongoing weekly feature called the “Online Haul of Fame.” FreightWaves will feature companies that have had a lasting impact on…
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