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Covenant's Operating Numbers Mostly Hold Up in Challenging First Quarter - Covenant Logistics Gr (NASDAQ:CVLG)

In what has been a difficult quarter for trucking companies, both truckload and to a lesser degree LTL, Covenant Logistics reported first-quarter operating earnings that held up relatively well. Covenant's adjusted earnings per share on a non-GAAP basis came in at 84 cents per share, down from 93 cents per share a year ago. ....

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Covenant buys poultry shipper as first quarter earnings drop in 'difficult freight environment'

Covenant Logistics Group, Inc. hauled in less revenue and profits in the first quarter than it did a year ago, and company CEO David Parker said he expects "a difficult freight environment for the remainder of the year." ....

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