Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
4/25/2012 5:15:00 PM Write a Letter to the Editor Write a letter to the Editor

Covenant’s First-Quarter Loss Narrows

Covenant Transportation Group reported a first-quarter loss of $640,000, or 4 cents per share, compared with a loss of $2.5 million, or 17 cents, a year earlier.

Total revenue edged up 0.4% to $157 million, while freight revenue slipped 2% to $121.9 million, the truckload carrier said in a statement Wednesday.

Operating income climbed to $2.4 million, from $300,000 last year.

Covenant Transportation Group is ranked No. 36 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement