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Teacher Retirement System of Texas trimmed its holdings in shares of Covenant Logistics Group, Inc. (NASDAQ:CVLG – Free Report) by 40.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,298 shares of the company’s stock after selling 9,004 shares during the […]
ATA reported the 14th straight year-over-year decline in freight hauled by trucks. Also: Covenant looks to allow pre-CDL drivers to operate after passing skills test; Estes opens another former Yellow terminal.
In what has been a difficult quarter for trucking companies, both truckload and to a lesser degree LTL, Covenant Logistics reported first-quarter operating earnings that held up relatively well. Covenant's adjusted earnings per share on a non-GAAP basis came in at 84 cents per share, down from 93 cents per share a year ago.
Covenant Logistics Group (NASDAQ:CVLG – Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, April 24th. Analysts expect the company to announce earnings of $0.87 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link. […]
ALEXANDRIA, Va. — The Truckload Carriers Association (TCA) recently announced that its scholarship fund is now accepting applications. TCA has also