First look: Covenant Logistics’ Q3 freight revenue surges 68%

CDL & Trucking News · · Source: FreightWaves · By Noi Mahoney · 5 min read at the source

Covenant Logistics increased third-quarter revenue to nearly $354 million while operating 8.9% fewer tractors, highlighting its shift toward committed freight contracts and asset-light logistics. (Photo: Covenant Logistics)
Covenant Logistics increased third-quarter revenue to nearly $354 million while operating 8.9% fewer tractors, highlighting its shift toward committed freight contracts and asset-light logistics. (Photo: Covenant Logistics)

Covenant Logistics Group reported a 19.2% increase in third-quarter revenue to $353.9 million, fueled by rapid growth in its managed freight segment.

Reported by Noi Mahoney for FreightWaves (Company Earnings), originally published October 29, 2026.

Read the full article on FreightWaves

Topics: Company Earnings, Trucking, Covenant, Covenant Logistics

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