First look: Covenant Logistics’ Q3 freight revenue surges 68%
Covenant Logistics Group reported a 19.2% year-over-year increase in third-quarter revenue Thursday, driven by strong growth in its managed freight segment . The Chattanooga, Tennessee-based carrier (NYSE: CVLG ) generated $353.9 million in total revenue for the quarter ended Sept. 30, compared with $296.9 million a y…