Todd Maiden
Friday, January 24, 2020
Covenant Transportation continuing to reshape offering
Covenant Transportation continues to reallocate equipment to units with a lower risk profile like dedicated.
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Todd Maiden
Thursday, January 23, 2020
Covenant Transportation sees ‘difficult operating environment’ in fourth quarter
Covenant Transportation sees significant year-over-year decline in earnings as excess capacity and higher costs persist.
Kevin Hill
Thursday, October 24, 2019
Load volumes continue to decelerate into the peak holiday shopping season
This Week’s DHL Supply Chain/FreightWaves Pricing Power Index: 25 (Shippers) Last Week’s DHL Supply Chain/FreightWaves Pricing Power Index: 25 (Shippers) Three-Month DHL Supply Chain/FreightWaves Pricing Power Index Outlook: 45 (Shippers) […]
Ashley Coker Prince
Thursday, April 25, 2019
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 the expectations the company itself announced earlier this quarter.
John Paul Hampstead
Thursday, April 4, 2019
Covenant Transport Solutions officially opens new brokerage floor
Another fast-growth brokerage in Freight Alley pops up.
John Paul Hampstead
Tuesday, March 19, 2019
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.
Ashley Coker Prince
Tuesday, March 19, 2019
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 in the early months of 2019.
Brian Straight
Wednesday, April 25, 2018
Covenant posts revenue increase, expects rates to climb in second quarter
Covenant Transportation Group saw revenue and earnings increase and predicted that the second quarter presents an even bigger opportunity for the carrier.