Covenant News Updates

BusinessFor-Hire

Covenant Logistics Posts $291.6 Million in Revenue for Q1

Covenant Logistics Group Inc. saw revenue and earnings improvements during the first quarter of 2022, the company reported April 27.

April 28, 2022
BusinessTop 100

Covenant Reports $274.6 Million in Revenue for Q3 2021

Covenant Logistics Group Inc. saw revenue increase to $274.6 million during the third quarter of 2021, the company reported Oct. 20.

October 21, 2021
BusinessLogisticsTop 100

Manager’s Road Back to Baseball Took a Trucking Turn

Phillip Wellman is a baseball lifer, but a stint as a trucking fleet manager left an indelible impression.

June 8, 2021
BusinessLogisticsTop 100TCA

Covenant Realigns Top Management

Covenant Transportation Group Inc. is realigning its senior management team at its Chattanooga, Tenn., headquarters three years after making its biggest purchase in the company’s 35-year history.

April 12, 2021
BusinessTop 100

Covenant Reports Mixed Results for Q4 2020

Covenant Logistics Group Inc. posted a net loss of $25.7 million, or minus $1.50 a diluted share, for the three months ending Dec. 31, the Chattanooga, Tenn.-based truckload carrier announced Jan. 25.

January 26, 2021
BusinessTop 100

Covenant Logistics Reports Mixed Results for Q3

Covenant Logistics Group reported increased earnings on lower income during the third quarter, the carrier reported Oct. 26.

October 27, 2020
BusinessLogisticsTop 100

Covenant Relocates Texarkana Terminal Operations

Covenant Transportation Group is planning to close its Texarkana, Ark., terminal and relocate operations to other facilities, the company announced April 20.

April 21, 2020
BusinessTCA

Truckers Haul Supplies While Coronavirus Keeps Many at ºÚÁϳԹÏÍø

The truckers who haul toilet paper, hand sanitizer and ground beef to retail shelves across the country have their work cut out for them as stores try to rebound from the panic buying that has characterized the coronavirus crisis.

March 20, 2020
GovernmentBusinessSafety

Five Indicted in New Orleans Over Allegations of ‘Staged’ Accident With Truck

A federal grand jury in New Orleans has indicted five individuals on six counts of an alleged wire fraud conspiracy in connection with a 2017 auto accident with a tractor-trailer that prosecutors say was staged.

October 25, 2019
BusinessLogisticsTop 100

Covenant Transportation Posts $3.2 Million Net Loss in Q3

Covenant Transportation Group Inc. reported a net loss of $3.2 million in the third quarter of 2019, compared with net income of $11.6 million in the same quarter of 2018.

October 22, 2019