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0 -0.000198688654877908 -0.000198688654877908 0.00655672561096758 -0.000993443274389117 0.00357639578780051 -0.0149016491158355 -0.00933836677925702
Stock impact report

Covenant Logistics signals rate momentum, fleet discipline after Q4 loss [Yahoo! Finance]

Covenant Logistics Group, Inc. Class A (CVLG) 
Company Research Source: Yahoo! Finance
improving, positioning the carrier for stronger operating performance in the second half of 2026. Executives said adjusted fourth-quarter results came in largely as expected despite disruptions from a prolonged U.S. government shutdown, elevated insurance claims and capacity costs, and startup expenses in warehousing. Chattanooga-based Covenant Logistics Group (NYSE: CVLG ) released its third-quarter earnings on Thursday and held an earnings call on Friday. “We believe the freight market continues to evolve toward equilibrium between shippers and carriers. In fact, we might be at equilibrium now,” Chairman and CEO David Parker said. Parker said spot rates rose meaningfully in the fourth quarter and revenue trends across all business units improved during the first three weeks of January. The company has already secured low- to mid-single-digit contractual rate increases in its expedited fleet that take effect in the first quarter, with additional increases expected across ex Show less Read more
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