Covenant Transport
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News
Covenant Transport announces new military veteran driving program
Operation Victory credits military service time as full or partial truck driving experience.
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International
Trucking capacity in Mexico faces uncertainty with carriers ending, downsizing services (with video)
As two large companies in the freight industry announced they were eliminating or scaling back trucking services in Mexico last week, industry insiders say cross-border…
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International
Covenant Transport to close its truck service in Mexico (with video)
Covenant Transport has decided to end all service to the interior of Mexico, citing dropping spot market pricing, increasing detention times and an inability to…
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News
Analysts more bullish on TLs, valuation a key reason
The bulls are coming out in support of truckload carriers, kind of. Several equity analysts are using a recent positive inflection in TL volumes, a…
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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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What the Truck?!?
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News
Trucking industry sifts through an abundance of tech options
As the transportation industry adapts to a digital world, owner-operators to large fleets are all grappling with how to adopt new technology. “There are more…
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News
Brokers, carriers, and Wall Street agree: freight volumes stagnant
Port container volumes, railroad volumes, and truckload volumes are all down year-over-year.
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Company earnings
Covenant expects softening demand to take toll on Q1 earnings
After posting record earnings for the fourth quarter of 2018, the company is expecting its first quarter earnings to take a hit from lowered demand…
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Economics
Truckload stocks outperforming S&P 500 so far in 2019
Investors may be starting to come around to the idea that truckload carriers have another year of strong margins ahead of them.
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