Covenant News Updates

Business

Covenant Transportation Celebrates 30 Years in Business

Parker was in his 20s when he started Covenant. Longhaul trucking pioneer Clyde Fuller raised him. Parker came up in trucking and discovered a talent for the work.

May 16, 2016
Business

Joey Hogan Succeeds David Parker as President of Covenant Transportation Group

Joey Hogan, an 18-year veteran executive at Covenant, has been promoted to president of Covenant Transportation Group, succeeding chairman and CEO David Parker in that role.

February 22, 2016
Business

Strong Online Shopping Offers Blessings, Curses for Covenant Transportation

Covenant Transportation is poised to grab a share of the growing e-commerce market, which delivered a mixed bag of blessings and curses during the Christmas holiday rush, the Chattanooga, Tennessee, trucking company said Jan. 26.

January 27, 2016
Business

Higher Rates Help Knight, Covenant Improve Profits

Two of the nation’s largest truckload fleets raised second-quarter earnings with help from rate increases.

July 22, 2015
Business

Covenant Transport Offers Hazmat Driver Pay Guarantee

Covenant Transport announced a new compensation package for experienced hazardous material team drivers that guarantees weekly pay of $1,000.

June 5, 2015
Business

Covenant Transportation Expects Higher 4Q Earnings

Covenant Transportation Group Inc. said it expects fourth-quarter 2014 net income of 70 cents to 78 cents a share, compared with 40 cents a share in the previous year’s quarter.

December 11, 2014
Business

Covenant Expects 4Q Earnings to Rise

Covenant Transportation Group Inc. said it expects its fourth-quarter earnings per share to be “materially greater” than a year earlier based on improved operating results in the quarter to date.

November 17, 2014
Business

Covenant’s 3Q Profit Declines Due to Cargo Claim

Covenant Transportation Group said its third-quarter earnings declined from a year ago due to a cargo claim judgment.

October 22, 2014
Business

Covenant Forecasts Higher 3Q Earnings

Covenant Transportation Group Inc. said its third-quarter earnings per share will be triple what they were a year ago, excluding charges.

September 12, 2014
Business

Covenant Transport Raises Driver Pay 6%

Covenant Transport Inc. said it is increasing driver pay by about 6% to attract hazmat-certified team drivers for its over-the-road program.

September 3, 2014