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Covenant Logistics Group CVLG Dedicated — Gain Loss On Sale Of Property Plant Equipment
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Where this comes from
Reported directly by Covenant Logistics Group in its filing.
Tagged under the XBRL concept us-gaap:GainLossOnSaleOfPropertyPlantEquipment.
The source filing: Covenant Logistics Group’s 10-Q, filed August 7, 2026.
- Filed
- Aug 7, 2026, 3:08 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001437749-26-026547
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Communications and utilities | 1,877 | 1,481 | 3,911 | 2,949 |
| General supplies and expenses | 12,399 | 14,657 | 26,598 | 28,252 |
| Depreciation and amortization | 22,819 | 23,121 | 46,795 | 44,916 |
| Loss on disposition of property and equipment, net | 299 | 295 | 637 | 621 |
| Total operating expenses | 324,032 | 291,291 | 624,911 | 553,019 |
| Operating income | 8,841 | 11,563 | 15,123 | 19,190 |
| Interest expense, net | 2,981 | 2,470 | 6,867 | 5,327 |
| Income from equity method investment | (5,265) | (4,268) | (8,952) | (8,044) |
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FAQ
- What is Covenant Logistics Group's dedicated — gain loss on sale of property plant equipment?
- Covenant Logistics Group (CVLG) reported dedicated — gain loss on sale of property plant equipment of -$13K in Q2 2026.
- How has Covenant Logistics Group's dedicated — gain loss on sale of property plant equipment changed year-over-year?
- Covenant Logistics Group's dedicated — gain loss on sale of property plant equipment increased by 93.7% year-over-year, from -$207K to -$13K.
- What is the long-term trend for Covenant Logistics Group's dedicated — gain loss on sale of property plant equipment?
- Over 2 years (2022 to 2025), Covenant Logistics Group's dedicated — gain loss on sale of property plant equipment has grown at a 93.2% compound annual growth rate (CAGR), from -$67K to -$250K.
- What does dedicated — gain loss on sale of property plant equipment mean?
- Represents the net financial impact from the disposal of long-lived assets such as tractors, trailers, or other logistics equipment within the Dedicated segment. This metric reflects the difference between the carrying value of the assets and the proceeds received upon sale, serving as an indicator of fleet management efficiency and equipment lifecycle strategy.
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