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Shares of electric heavy-truck start-up Nikola (NASDAQ: NKLA) were trading higher on Tuesday, after the company announced that Covenant Logistics Group (NASDAQ: CVLG) has signed a letter of intent to buy 50 of Nikola's electric semi trucks, if a test program goes well. A...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The trucking industry was hit hard by the coronavirus pandemic in 2020. Since then, economic activity has improved, and freight market conditions have stabilized enough for volumes to return to normal gradually. And it ...
Transportation, freight and logistics stocks are breaking higher again after many names also had a solid session yesterday. Notable gainers include Yellow Corporation (YELL +13.4%), BEST (BEST +9.8%), P.A.M. Transportation Services (PTSI +10.2%), Saia (SAIA +6.1%), TFi International (TFII +5....
The benchmark equity indices have rallied to near record highs this week on the back of solid corporate earnings, better-than-expected retail sales performance, and optimism over some economic data. However, the expected monetary policy tightening, and historically high inflation, are catalys...
Despite mixed performance over the past three years, the financial picture at Old Dominion Freight Line is improving at a nice pace this year. It remains to be seen whether this move is temporary or permanent, but the overall fundamental picture of the business is solid. Unfortuna...
Image source: The Motley Fool. Covenant Logistics Group, Inc. (NASDAQ: CVLG) Q3 2021 Earnings Call Oct 21, 2021 , 10:00 a.m. ET Operator Continue reading For further details see: Covenant Logistics Group, Inc. (CVLG) Q3 2021 Earnings Call...
Covenant Logistics Group, Inc. (CVLG) Q3 2021 Earnings Conference Call October 21, 2021 10:00 AM ET Company Participants Joey Hogan - President & Principal Financial Officer David Parker - Chairman & Chief Executive Officer Paul Bunn - Chief Operating Officer Tripp Grant - Chief Accou...
Gainers: Kingsoft Cloud Holdings Limited (NASDAQ:KC) +8%. Trip.com Group Limited (NASDAQ:TCOM) +7%. LogicBio Therapeutics (NASDAQ:LOGC) +6%. Qualtrics International (NASDAQ:XM) +6%. Vroom (NASDAQ:VRM) +405%. Losers: Xiaobai Maimai (NASDAQ:HX) -6%. GDS Holdings Limited (NASDAQ:GDS) -...
CHATTANOOGA, Tenn., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) (“Covenant” or the “Company”) announced today financial and operating results for the third quarter ended September 30, 2021. The Company’s live conferen...
Because the demand for trucking transportation is expected to increase significantly in the coming months amid ongoing supply chain constraints, we think it could be wise to bet on quality trucking stocks ArcBest (ARCB), P.A.M Transportation (PTSI), and Covenant Logistics (CVLG). Let’s...
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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...