Financial Ports

Covenant Logistics rides 68% freight surge to $354m quarter

CLAVE 1 / 4$353.9m total revenue in Q3, up 19.2% year-over-year.

CLAVE 2 / 468.4% surge in Managed Freight revenue to $121.6m.

CLAVE 3 / 4Adjusted earnings per share climb 13.6% to 50 cents.

CLAVE 4 / 4Tractor fleet shrinks 8.9% as company shifts to long-term contracts.

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