Covenant

Business, Top 100

Covenant Logistics Reports Mixed Results for Q3

Covenant Dan Henry for Covenant Transport

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
Business, Logistics, Top 100

Covenant Relocates Texarkana Terminal Operations

Covenant truck Covenant Transport

Covenant Transportation Group is planning to close its Texarkana, Ark., terminal and relocate operations to other facilities, the company announced April 20.

Connor D. Wolf | Staff Reporter
April 21, 2020
Business, TCA

Truckers Haul Supplies While Coronavirus Keeps Many at Home

Truck moving down a highway. (Getty Images)

The truckers who haul toilet paper, hand sanitizer and ground beef to retail shelves across the country have their work cut out for them as stores try to rebound from the panic buying that has characterized the coronavirus crisis.

Mary Fortune | Chattanooga (Tenn.) Times/Free Press
March 20, 2020
Government, Business, Safety

Five Indicted in New Orleans Over Allegations of ‘Staged’ Accident With Truck

Covenant Transport Services truck Covenant attorneys James Prather and Bowman Fetzer, of New Orleans law firm Galloway Johnson, said they spent at least three months investigating the accident. (John Sommers II for Transport Topics)

A federal grand jury in New Orleans has indicted five individuals on six counts of an alleged wire fraud conspiracy in connection with a 2017 auto accident with a tractor-trailer that prosecutors say was staged.

Eric Miller | Senior Reporter
October 25, 2019
Business, Logistics, Top 100

Covenant Transportation Posts $3.2 Million Net Loss in Q3

Covenant truck Covenant Transport

Covenant Transportation Group Inc. reported a net loss of $3.2 million in the third quarter of 2019, compared with net income of $11.6 million in the same quarter of 2018.

Jim Stinson | Staff Reporter
October 22, 2019
Business, Logistics, Top 100

Covenant 2Q Transport Revenue Up, Net Income Down

Covenant truck John Sommers II for Transport Topics

Covenant Transportation Group Inc. reported earnings of 33 cents per share on $6.1 million in net income in the quarter ending June 30, the company said in a July 24 news release.

Jim Stinson | Staff Reporter
July 29, 2019
Business

Covenant Transport Reports Record Revenue, Profits in 4Q 2018

Covenant truck on a highway TT File Photo

Covenant Transportation Group reported record revenue and profits in the fourth quarter of 2018 as strong demand and higher rates boosted its truckload and freight brokerage business units.

Daniel P. Bearth | Senior Staff Writer
January 25, 2019
Business, Top 100

Covenant Transport Reports Record Profits, Revenue in 3Q

Covenant truck on a Kentucky interstate John Sommers II for Transport Topics

Covenant Transportation Group posted record revenue and profits in the third quarter as a strong freight market drove rates higher and the company began to see benefits from its recent acquisition of Landair Holdings.

Daniel P. Bearth | Staff Writer
October 23, 2018
Business, Logistics, Top 100

Covenant Profits Jump on 20% Revenue Rise

Covenant truck Daniel Dubois

Covenant Transportation Group reported a positive second quarter, recording greater revenues and income as it moved forward on its purchase of Landair Holdings.

Burney Simpson | Staff Reporter
July 26, 2018
Business, Top 100

Covenant Transport Services Acquires Landair Holdings

Covenant truck Daniel Dubois

Covenant Transport Services has acquired Landair Holdings Inc. of Greeneville, Tenn., for $83 million in cash and the assumption of $15.5 million in debt.

Daniel P. Bearth | Staff Writer
July 6, 2018

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