Truckload carrier Covenant Logistics Group said the freight market is bottoming out, and the company is eyeing only a “modest decline” in earnings next quarter. The post Covenant Logistics hopeful...
Chattanooga, Tennessee-based Covenant Logistics Group’s third-quarter revenue declined 7% year over year to $288.7 million. The post Covenant Logistics Group sees Q3 revenue slip in weak freight market...
Covenant Logistics Group’s Matt McLelland said at FreightWaves’ Net-Zero Carbon Summit on Thursday that his company’s sustainability plan includes fleet initiatives to reduce idle percentage and...
Even truckload companies are being asked how a Yellow collapse might benefit them; Covenant had an answer on its second-quarter earnings call. The post Covenant sees some opportunity from Yellow collapse...
Covenant’s biggest announcement in disclosing its first-quarter earnings is that it bought a large hauler of poultry-related freight. The post Covenant buys poultry hauler and reports softer 1st quarter...
Covenant Logistics (CVLG) delivered earnings and revenue surprises of 20.78% and 4.24%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Covenant Logistics (CVLG) closed the most recent trading day at $35.42, moving +1.55% from the previous trading session.
Covenant Logistics (CVLG) closed at $32.57 in the latest trading session, marking a -1.66% move from the prior day.
Covenant Logistics (CVLG) closed the most recent trading day at $34.31, moving +0.12% from the previous trading session.
In the latest trading session, Covenant Logistics (CVLG) closed at $35.87, marking a +1.41% move from the previous day.