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Covenant earnings drop in 2023 but still the company's second best year for profits

Covenant Logistics Group Inc. said Tuesday its adjusted net income for all of 2023 was down 43% from the previous year, but the Chattanooga-based trucking carrier still outperformed the market expectations for the company in the fourth quarter and had the second best year ever for its annual earnings. ....

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Covenant Logistics optimistic despite 7.4% drop in Q4 revenue

Chattanooga, Tennessee-based Covenant Logistics Group’s fourth-quarter revenue declined 7.4% year over year to $273.9 million. The post Covenant Logistics optimistic despite 7.4% drop in Q4 revenue appeared first on FreightWaves. ....

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Covenant Logistics Reports Second-Best Adjusted Earnings For Fourth Quarter

Covenant Logistics Reports Second-Best Adjusted Earnings For Fourth Quarter
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