Covenant Pays 300% More for Half the Liability Coverage as Nuclear Verdicts Spike
Covenant Logistics CEO says insurance costs tripled while total coverage dropped 50% over four years. A Utah jury awarded $86M against QXO despite finding no…
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Covenant Q1 Earnings Miss by 4¢, March Rebound Flags Rate Gains
Chattanooga truckload carrier posted 26¢ per share against 30¢ forecast as winter weather and fuel costs hit margins, but CEO cites improving freight volumes…
Covenant Reports Driver Market Tightening for First Time in 40 Months
Chattanooga carrier sees Q1 net income fall to $4.4M but says capacity is shrinking, driver pay talks are back, and rate momentum is building into Q2.