Covenant Logistics Publishes Third-Quarter 2026 Conference Call Transcript

• Covenant Logistics Group's third-quarter 2026 earnings call featured CEO David Parker, President Paul Bunn and COO Dustin Koehl.
• Freight revenue rose 17.2% to $315.1 million; adjusted operating income increased 5.7% to $15.8 million.
• Managed Freight's adjusted operating income jumped approximately 133.3%, offsetting Truckload transition costs and inflation pressures.
• Management expects modest sequential growth in fourth-quarter adjusted earnings per diluted share, driven by improved Combined Truckload margins.
• TEL's pretax income contribution is forecast at $3.7 million–$4 million, down from $5.7 million, reflecting seasonal equipment-volume weakness and a bad-debt adjustment.

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