Detail akcie Covenant Trans online

Business Summary: Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. The Company’s primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management and freight brokerage capability. Its asset-based transportation services include two segments: Expedited and Dedicated. The Expedited segment primarily provides truckload services to customers. The Dedicated segment provides customers with committed truckload capacity over contracted periods. The Managed Freight segment includes its brokerage services and transportation management services (TMS). The Warehousing segment provides day-to-day warehouse management services for customers who have chosen to outsource this function. It also provides shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Covenant Logistics Group Inc revenues decreased 9% to $1.1B. Net income before extraordinary items decreased 49% to $54.6M. Revenues reflect Managed Freight segment decrease of 19% to $258.9M, Dedicated segment decrease of 12% to $320.3M, Expedited segment decrease of 6% to $423.8M. Net income also reflects Expedited segment income decrease of 52% to $28.9M.