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Trucking market downturn and inflection point
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Covenant CEO sees ‘pain before the gain’ as trucking capacity tightens
Yahoo Finance· 2025-10-23 19:10
Covenant Logistics Group  CEO David Parker told analysts Thursday that the trucking market remains mired in “one of the most interesting times” of his five-decade career — but believes the prolonged downturn is nearing an inflection point as more smaller carriers close under mounting regulatory and insurance pressure. Chattanooga-based Covenant Logistics Group (NYSE: CVLG) released its third-quarter earnings on Wednesday and held an earnings call on Thursday. The company posted revenue of $296.9 million d ...