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Covenant Logistics Unveils 2023 Corporate Social Responsibility Report
Newsfilter· 2024-06-06 04:15
CHATTANOOGA, Tenn., June 06, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc., a leading provider of transportation and logistics services in the U.S., is proud to announce the release of its 2023 Corporate Social Responsibility Report, a detailed report highlighting the company's unwavering commitment to sustainability, environmental responsibility, and community engagement. This report provides invaluable insights into Covenant's strategic initiatives to reduce environmental impact and promote soci ...
Covenant Logistics Unveils 2023 Corporate Social Responsibility Report
GlobeNewswire News Room· 2024-06-06 04:15
"As we unveil our fourth-annual CSR report, we are proud to showcase Covenant's commitment to environmental stewardship. Our focus on people, sustainability, and community engagement is evident in our ongoing efforts to reduce emissions, invest in renewable energy, and optimize our operations for a more sustainable future." Said Covenant's Matt McLelland, Vice President of Sustainability and Innovation. "Through collaboration with our customers, suppliers, and industry partners, we are actively working towa ...
Covenant Logistics Group Announces Quarterly Cash Dividend
globenewswire.com· 2024-05-17 20:05
CHATTANOOGA, Tenn., May 17, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (NASDAQ/GS: CVLG) ("Covenant" or the "Company") announced today that its board of directors has declared a quarterly cash dividend of $0.11 per share of Class A and Class B common stock. The quarterly cash dividend is payable to stockholders of record on June 7, 2024, and is expected to be paid on June 28, 2024. The quarterly cash dividend is pursuant to a cash dividend program previously approved by the Company's board of d ...
enant Logistics (CVLG) - 2024 Q1 - Quarterly Report
2024-05-03 19:36
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 0-24960 COVENANT LOGISTICS GROUP, INC. (Exact name of registrant as specified in its charter) Nevada 88-0320154 (State or other jur ...
enant Logistics (CVLG) - 2024 Q1 - Earnings Call Transcript
2024-04-25 19:43
Covenant Logistics Group, Inc. (NASDAQ:CVLG) Q1 2024 Results Conference Call April 25, 2024 10:00 AM ET Company Participants Tripp Grant - Executive Vice President & Chief Financial Officer Paul Bunn - President & Chief Operating Officer David Parker - Founder & Chief Executive Officer Conference Call Participants Scott Group - Wolfe Research Elliot Alper - TD Cowen Jeff Kauffman - Vertical Research Partners Operator Welcome to today's Covenant Logistics Group First Quarter Earnings Release Conference Call. ...
enant Logistics (CVLG) - 2024 Q1 - Quarterly Results
2024-04-24 20:33
Mr. Parker concluded, "We are once again pleased with our quarterly results, which were achieved during a very difficult operating environment. Although we believe freight market fundamentals are slowly improving, the second quarter has provided little evidence of a 2024 recovery. Regardless of the operating environment, we remain focused on our strategic plan and the tactical steps it takes to make us better every day. We will continue to execute on opportunities to dive deeper into the supply chain, add v ...
Covenant Logistics (CVLG) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-04-04 22:56
The most recent trading session ended with Covenant Logistics (CVLG) standing at $46.18, reflecting a +0.98% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 1.23%. Meanwhile, the Dow experienced a drop of 1.36%, and the technology-dominated Nasdaq saw a decrease of 1.4%.Coming into today, shares of the truckload transportation services provider had lost 0.93% in the past month. In that same time, the Transportation sector gained 1.27%, while the S&P 500 gained ...
Why Covenant Logistics (CVLG) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-04-02 23:05
In the latest trading session, Covenant Logistics (CVLG) closed at $45.46, marking a -1.04% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.72%. At the same time, the Dow lost 1%, and the tech-heavy Nasdaq lost 0.95%.The truckload transportation services provider's stock has dropped by 1.23% in the past month, falling short of the Transportation sector's gain of 1.19% and the S&P 500's gain of 2.16%.Market participants will be closely following the financial resu ...
Covenant Logistics Group, Inc. Announces Timing of First Quarter Earnings Release and Conference Call
GlobeNewsWire· 2024-04-01 20:01
CHATTANOOGA, Tenn., April 01, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics Group, Inc. (Nasdaq/GS: CVLG) announced its plans to release its first quarter earnings after 4:00 p.m. Eastern time on Wednesday, April 24, 2024. Covenant Logistics Group, Inc. will hold a live conference call to discuss its first quarter earnings release on Thursday, April 25, 2024, at 10:00 a.m. Eastern time. Individuals with questions may dial in at 877-550-1505 (U.S./Canada) and 0800-524-4760 (International). An audio replay will ...
Should Value Investors Buy Covenant Logistics Group (CVLG) Stock?
Zacks Investment Research· 2024-03-14 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...