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2023-03-28 16:11:06 ET Summary Universal Logistics Holdings continues to fare well, especially on its bottom line, even though recent top line figures have been mixed. Despite some weakness the company has shown, it should see an improvement in key areas later this year. Add i...
CHATTANOOGA, Tenn., March 14, 2023 (GLOBE NEWSWIRE) -- The Women In Trucking (WIT) Association's Redefining the Road magazine has named Covenant Logistics Group’s (Covenant) Misti Olszewski , vice president of enterprise and safety, as a Top Woman to Watch this year. The award ex...
2023-03-09 11:23:29 ET Summary Covenant provides expedited light-duty services. In my view, the use of technology may help explain recent efficiency increases in the average freight revenue per total mile and the average freight revenue per tractor per week. I am optimistic ab...
2023-03-08 01:52:45 ET Summary Covenant’s revenue and margins in 2023 should face headwinds due to inventory destocking across the majority of the end markets. The company is adding new tractors to its fleet which should help reduce operating, maintenance, and insurance cas...
Covenant Logistics ( NASDAQ: CVLG ) declares $0.11/share quarterly dividend , 37.5% increase from prior dividend of $0.08. Forward yield 1.3% Payable March 31; for shareholders of record March 3; ex-div March 2. See CVLG Dividend Scorecard, Yield Chart, & Div...
CHATTANOOGA, Tenn., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today that, in connection with continued monitoring of the productivity of the Company’s assets and allocation of cash,...
Covenant Logistics ( NASDAQ: CVLG ) on Tuesday announced that its board of directors approved an amendment its stock repurchase program. The amended program authorizes purchase of up to $55 million of class A common stock in open market or privately negotiated transactions. Th...
CHATTANOOGA, Tenn., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today that on January 30, 2023, the Company’s board of directors approved an amendment to the Company’s stock re...
Covenant Logistics Group (CVLG) Q4 2022 Earnings Conference Call January 26, 2022 10:00 ET Company Participants Tripp Grant - Executive Vice President & Chief Financial Officer Paul Bunn - Senior Executive Vice President & Chief Operating Officer David Parker -...
Covenant Logistics (NASDAQ: CVLG) has been a rare standout stock in a difficult market, with shares up more than 60% in the 12 months leading up to the company's late-Wednesday earnings release. But those earnings weren't quite what investors had hoped for, and shares of Covenant have falle...
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2024-06-20 19:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
CHATTANOOGA, Tenn., June 10, 2024 (GLOBE NEWSWIRE) -- Food Logistics named Covenant Logistics Group as one of the winners of this year’s Top 3PL & Cold Storage Providers Award, which recognizes leading 3PLs and cold storage providers in the cold food and beverage industry. ȁ...
CHATTANOOGA, Tenn., June 06, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc ., a leading provider of transportation and logistics services in the U.S., is proud to announce the release of its 2023 Corporate Social Responsibility Report, a detailed report highlighting the company's unw...