• Covenant Logistics Group reported first-quarter net income of $4.4 million, or $0.17 per diluted share, down from $6.6 million, or $0.24 per diluted share, a year earlier.
• Revenue rose 14% to $307.2 million, while operating income slipped to $6.3 million from $7.6 million.
• GAAP operating ratio worsened 0.8 percentage points to 98%, while adjusted operating ratio widened 1.1 percentage points to 96.6%.
• Managed Freight revenue climbed to $90.7 million from $56.9 million, while Expedited revenue fell to $84.7 million from $94.7 million.
• Management cited severe weather shutdowns and fuel cost headwinds early in the quarter, while pointing to improving volumes and rates in March and expecting gradual improvement beginning in second-quarter 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Covenant Logistics Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-26-015445), on May 07, 2026, and is solely responsible for the information contained therein.