4/25/2012 5:15:00 PM
Write a Letter to the Editor
Print This
Covenant Transportation Group reported a first-quarter loss of $640,000, or 4 cents per share, compared with a loss of $2.5 million, or 17 cents, a year earlier.
Total revenue edged up 0.4% to $157 million, while freight revenue slipped 2% to $121.9 million, the truckload carrier said in a statement Wednesday.
Operating income climbed to $2.4 million, from $300,000 last year.
Covenant Transportation Group is ranked No. 36 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
Follow Transport Topics on RSS Twitter Facebook
Print This
© 2012, Transport Topics Publishing Group. All rights reserved.