COVENANT LOGISTICS GROUP, INC. (CVLG) Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers’ freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers, as well as shuttle and switching services related to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in May 2007. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
Sector: Trucking (No Local)
Industry: Trucking
Covenant Logistics Group, Inc. NYSE:CVLG Industrials · Trucking
Mkt Cap $800.67M
Div Yield 0.89%
Pre Pre-market $31.23 Close $31.55 0.00% AH $31.55 Now $31.23 PM VOL 4K $ Vol ≈ $124K RVOL 884.67x
Close $31.55 -2.53% AH $31.55 -1.01% since
Mkt Cap $800.67M
PM VOL 4K sh
$ Vol ≈$124K
RVOL 884.67×
Div Yield 0.89%
Press Release ● Major ⚠ 4
Covenant Logistics Group Announces Third Quarter 2026 Financial and Operating Results
Covenant Logistics reported Q3 2026 total revenue of $353.9 million, up 19.2% year-over-year, with GAAP diluted EPS of $0.40 and adjusted EPS of $0.50 versus $0.44 a year ago.
Management highlighted that this was the first quarter since Q2 2022 with adjusted EPS up both sequentially and year-over-year, driven by Managed Freight revenue growth of 68.4% and a stronger TEL equity investment contribution of $5.7 million pre-tax.
Roughly 80% of fleet assets are now under long-term contracts, and the company guided to a modest sequential EPS increase in Q4 as repositioning costs moderate.
Cost inflation in driver wages, equipment, and insurance remains a headwind, with rate increases only partially offsetting expense growth; Warehousing adjusted operating income declined year-over-year.
• 10d ago AI analysis › Press Release
Covenant Logistics Group, Inc. Announces Timing of Third Quarter Earnings Release and Conference Call
Covenant Logistics Group (NYSE: CVLG) announced it will release third quarter earnings after 4:00 p.m. Eastern on Thursday, October 29, 2026.
A live conference call to discuss the results is scheduled for Friday, October 30, 2026, at 10:00 a.m. Eastern, with audio replay available for one week.
The release is a routine scheduling notice with no financial figures or business updates.
• 1mo ago AI analysis › Press Release
Covenant Logistics Group Announces Quarterly Cash Dividend
Covenant Logistics Group's board of directors declared a quarterly cash dividend of $0.07 per share for both Class A and Class B common stock.
The dividend is payable to stockholders of record on September 4, 2026, with payment expected to occur on September 25, 2026.
This declaration follows a cash dividend program previously approved by the board, though future dividends remain subject to quarterly determination.
• 2mo ago AI analysis › Press Release ⚠ 3
Covenant Logistics Group Announces Second Quarter 2026 Financial and Operating Results
Covenant Logistics reported Q2 2026 revenue of $332.9 million, up 9.9% year-over-year, while diluted EPS declined to $0.32 from $0.36 in the prior year period.
Management attributed the earnings decline to unexpected cost pressures, specifically elevated maintenance and insurance claims that negatively impacted margins by approximately 8 cents per share.
The company reduced its net indebtedness by $6.9 million to $289.7 million and guided for a modest sequential increase in EPS for the third quarter, alongside capital expenditures of $50 million to $60 million for the remainder of the year.
• 3mo ago AI analysis › Press Release
Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call
Covenant Logistics Group, Inc. scheduled the release of its second quarter 2026 earnings for after the market closes on Wednesday, July 29.
The company will host a conference call to discuss the results on Thursday, July 30 at 10:00 a.m. Eastern time, accessible via dial-in or webcast.
Covenant provides asset-based truckload, warehousing, and freight brokerage services throughout the United States.
• 4mo ago AI analysis › Press Release
Covenant Logistics Releases 2025 Corporate Social Responsibility Report
Covenant Logistics released its 2025 Corporate Social Responsibility report, detailing the use of nearly 2 million gallons of renewable diesel and the expansion of its B100 biodiesel fleet through a pilot with Optimus Technologies.
The company highlighted environmental progress via its TRANSTEX partnership, which has yielded $67.9 million in cumulative savings and reduced CO2 by 204,000 metric tons since 2010, alongside the deployment of fuel-saving trailer skirts.
Additional 2025 milestones include equipping over 50% of the fleet with electric APUs, eliminating 175,845 empty trailer miles, and achieving EcoVadis Committed certification.
• 5mo ago AI analysis › Press Release
Covenant Logistics Group Announces Quarterly Cash Dividend
Covenant Logistics Group declared a quarterly cash dividend of $0.07 per share for both Class A and Class B common stock.
The dividend is payable on June 26, 2026, to stockholders of record on June 5, 2026.
This declaration is part of an existing board-approved dividend program, with future payments subject to quarterly board determination.
• 5mo ago AI analysis › Press Release ● Major ⚠ 2
Covenant Logistics Group Announces First Quarter 2026 Financial and Operating Results
Covenant Logistics reported Q1 2026 total revenue of $307.2 million, up 14% year-over-year, while GAAP diluted EPS dropped to $0.17 from $0.24 in the prior year.
Management attributed the earnings shortfall to severe weather and fuel costs but noted improving freight volumes and rates in March with momentum carrying into Q2.
Net indebtedness decreased by $51.0 million to $245.3 million during the quarter, and the company expects 2026 capital expenditures to range between $40 million and $50 million.
• 6mo ago AI analysis › 
