Covenant Q2: Better OR in dedicated, worse in expedited

Net income down but not far from consensus projection

Covenant's earnings reflected the weak truckload market. (Photo: Jim Allen/FreightWaves)

There were some key points in the second-quarter earnings release of truckload carrier Covenant Logistics (NASDAQ: CVLG).

The Covenant call with analysts is at 10 a.m. EDT Friday. Its stock has been a high flier, up 43.2% in just the last three months. 

More articles by John Kingston

Covenant buys poultry hauler and reports softer 1st quarter


Covenant Logistics announces leadership change

Aurora signs up truckload carrier Covenant to work on autonomous technology

Exit mobile version