Truckload carrier Covenant Logistics Group beat fourth-quarter expectations for profit and revenue, “despite the lingering weakness in the overall freight environment,” according to Tripp Grant, executive vice president.
Chattanooga, Tennessee-based Covenant (NASDAQ: CVLG) reported fourth-quarter earnings after the market closed Tuesday. Company officials held a conference call to discuss the results with analysts on Wednesday.
The transportation services provider reported adjusted earnings per...
https://www.freightwaves.com/news/covenant-logistics-sees-gradual-freight-market-recovery