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Sunday, November 1, 2026Nov 1

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Loss restrained at Covenant

Covenant Transportation Group has reported it had a smaller loss on increased revenues in the first quarter of this year.

The Chattanooga-based trucking company said revenues were up 13.6 percent to $152 million from the same period a year ago.

Covenant had a net loss in the quarter of $2.2 million or 15 cents per basic and diluted share. The same period of 2009 saw a net loss of $5.5 million or 38 cents per basic and diluted share.