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$70,000 For A Part-Time Driver


What’s happening, he said,
is that drivers are looking at the fact that they can make $70,000 “and stay home a little more.”
The result is a tightening of capacity. Parker said utilization in the first quarter at Covenant was three or four percentage points less than it would have as a result of that development. “
It’s an interesting dynamic that none of us have calculated,” he said.
To put the numbers in perspective, Todd Amen, the president of ATBS, which prepares taxes for mostly independent owner-operators, said in a recent interview with the FreightWaves Drilling Deep podcast that ....

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Covenant Logistics Group, Inc. (CVLG) Q1 2021 Earnings Call Transcript


Covenant Logistics Group, Inc. (CVLG) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
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Covenant Logistics Group, Inc. (NASDAQ: CVLG)
Q1 2021 Earnings Call
Joey Hogan
Co-President and Chief Administrative Officer
Thank you. Now welcome to Covenant Logistics Group s first-quarter conference call. As a reminder for everyone, this call will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated by the forward-looking statements.
Please review our disclosures and filings with the SEC, including, without limitation, the Risk Factors section and our most recent Form 10-K and our current year Form 10-Qs. We undertake no obligation to publicly update or revise any fo ....

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