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Covenant
Business, For-Hire

Covenant Sees Year-End Slowdown

Covenant

Covenant Logistics Group Inc. saw a 35% year-over-year decline in earnings amid marginal revenue improvements during the fourth quarter of 2022, the company reported Jan. 25.

Connor D. Wolf | Staff Reporter
January 26, 2023
Business

Covenant Reports Robust Earnings, Revenue Results for Q3

Covenant Logistics truck

Covenant Logistics Group Inc. experienced year-over-year revenue and earnings growth during the third quarter, the company reported Oct. 20.

Connor D. Wolf | Staff Reporter
October 23, 2022
Business, Technology, For-Hire, TCA

Covenant Official Says Range Is Biggest Factor in EV Adoption

Matt McLelland

CHATTANOOGA, Tenn. — The distance a battery-powered tractor-trailer can travel before recharging is “the big holdup” for the adoption of electric trucks, a top official for Chattanooga-based Covenant Logistics said Aug. 23.

Mike Pare | Chattanooga (Tenn.) Times Free Press
August 24, 2022
Business, For-Hire

Covenant Logistics Reaches $317M Revenue by Overcoming Q2 Headwinds

Covenant Logistics Group Inc. reported second-quarter revenue and earnings growth July 25, despite market headwinds.

Connor D. Wolf | Staff Reporter
July 26, 2022
Business, For-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.

Connor D. Wolf | Staff Reporter
April 28, 2022
Business, Top 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.

Connor D. Wolf | Staff Reporter
October 21, 2021
Business, Logistics, Top 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.

Dan Ronan | Senior Reporter
June 8, 2021
Business, Logistics, Top 100, TCA

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.

Chattanooga (Tenn.) Times Free Press
April 12, 2021
Business, Top 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.

Connor D. Wolf | Staff Reporter
January 26, 2021
Business, Top 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.

Connor D. Wolf | Staff Reporter
October 27, 2020

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