First look: Covenant points to March rebound after weak first-quarter earnings
Covenant Logistics Group reported weaker-than-expected earnings in the first quarter of 2026 as severe winter weather and higher fuel costs weighed on performance, although improving transportation trends in March point to a possible rebound. The Chattanooga, Tennessee-based trucking freight and logistics provider posted net income of $4.4 million, or 17 cents per diluted share, down…