Welcome to our dedicated page for Covenant Logistics Group news (Ticker: CVLG), a resource for investors and traders seeking the latest updates and insights on Covenant Logistics Group stock.
Covenant Logistics Group Inc (CVLG) delivers premium freight transportation solutions with over three decades of industry leadership. This news hub provides investors and supply chain professionals with essential updates on the company’s operational milestones, financial performance, and strategic initiatives.
Access timely press releases and analysis covering earnings announcements, service expansions, leadership updates, and partnership developments. Our curated collection ensures you stay informed about critical logistics decisions impacting CVLG’s position in expedited freight and dry van transportation markets.
Discover updates categorized for efficient navigation: quarterly financial disclosures, operational enhancements, corporate governance changes, and market expansion efforts. Each entry maintains factual accuracy while contextualizing developments within the broader transportation sector.
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Covenant Logistics Group (NASDAQ: CVLG) has announced it will release its second quarter earnings on Wednesday, July 24, 2024, after 4:00 p.m. Eastern Time. The company will hold a live conference call to discuss the earnings on Thursday, July 25, 2024, at 10:00 a.m. Eastern Time. To participate in the call, dial 877-550-1505 for U.S./Canada, or 0800-524-4760 for international calls. An audio replay will be available for one week at 800-645-7964, access code 3895#, and an extended replay will be accessible on the company’s investor website.
Covenant Logistics Group offers a range of transportation and logistics services including truckload capacity, warehousing, transportation management, and freight brokerage. The company's stock trades on the NASDAQ Global Select Market under the symbol CVLG.
Food Logistics has named Covenant Logistics Group (CVLG) as a recipient of the 2024 Top 3PL & Cold Storage Providers Award. This accolade celebrates top third-party logistics (3PL) and cold storage providers within the cold food and beverage sector. The award highlights the importance of 3PLs and cold storage providers in mitigating supply chain disruptions. According to Marina Mayer, Editor-in-Chief of Food Logistics, 76% of the winners will invest in software solutions this year, showcasing their forward-thinking approach. Lynn Doster, EVP at Covenant Logistics, emphasized the company's commitment to excellence, leveraging advanced technologies, and fostering strong partnerships. Many winners offer services like LTL/TL (80%), refrigerated trucking (79%), and warehousing (72%).
Covenant Logistics Group has released its 2023 Corporate Social Responsibility (CSR) Report, detailing its commitment to sustainability and community engagement. The report highlights Covenant's efforts in emission reduction, fuel efficiency, and renewable energy investments. Key initiatives include the use of alternative fuels and emission-reduction technologies. The report also showcases Covenant's collaboration with industry leaders like REPOWR, Bridgestone, and Daimler Truck North America, and the company’s recognition as a Green Supply Chain Partner by Inbound Logistics for 2024. Matt McLelland, VP of Sustainability and Innovation, emphasizes Covenant's ongoing efforts to meet carbon reduction goals and embrace innovative solutions in decarbonization.
On May 17, 2024, Covenant Logistics Group announced a quarterly cash dividend of $0.11 per share for both Class A and Class B common stock. This dividend is payable to shareholders on record as of June 7, 2024, and will be paid on June 28, 2024. The announcement follows a previously approved cash dividend program, but future dividends and their dates will be determined by the board each quarter. Covenant Logistics Group provides a range of transportation and logistics services across the U.S. and trades under the NASDAQ symbol CVLG.
Covenant Logistics Group, Inc. announced the appointment of Dustin Koehl as Chief Operating Officer, bringing 17 years of transportation experience to the leadership team. The move is aimed at strengthening the company's operations and sales functions, allowing for a focus on strategic initiatives and diversification.
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