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Covenant Logistics Group CVLG Managed Freight — Revenue Equipment Rentals And Purchased Transportation
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Where this comes from
Reported directly by Covenant Logistics Group in its filing.
Tagged under the XBRL concept cvti:RevenueEquipmentRentalsAndPurchasedTransportation.
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 |
|---|---|---|---|---|
| Salaries, wages, and related expenses | $110,134 | $109,148 | $219,402 | $214,100 |
| Fuel expense | 37,850 | 27,989 | 66,147 | 56,157 |
| Operations and maintenance | 18,766 | 17,066 | 36,680 | 32,816 |
| Revenue equipment rentals and purchased transportation | 98,724 | 76,791 | 187,942 | 133,596 |
| Operating taxes and licenses | 3,026 | 3,436 | 6,015 | 7,022 |
| Insurance and claims | 18,138 | 17,307 | 30,784 | 32,590 |
| Communications and utilities | 1,877 | 1,481 | 3,911 | 2,949 |
| General supplies and expenses | 12,399 | 14,657 | 26,598 | 28,252 |
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FAQ
- What is Covenant Logistics Group's managed freight — revenue equipment rentals and purchased transportation?
- Covenant Logistics Group (CVLG) reported managed freight — revenue equipment rentals and purchased transportation of $88.8M in Q2 2026.
- How has Covenant Logistics Group's managed freight — revenue equipment rentals and purchased transportation changed year-over-year?
- Covenant Logistics Group's managed freight — revenue equipment rentals and purchased transportation increased by 33.4% year-over-year, from $66.56M to $88.8M.
- What is the long-term trend for Covenant Logistics Group's managed freight — revenue equipment rentals and purchased transportation?
- Over 3 years (2022 to 2025), Covenant Logistics Group's managed freight — revenue equipment rentals and purchased transportation has grown at a -1.6% compound annual growth rate (CAGR), from $259.18M to $246.9M.
- What does managed freight — revenue equipment rentals and purchased transportation mean?
- Represents the costs associated with renting transportation equipment and outsourcing freight capacity to third-party carriers. This is a key variable cost metric that reflects the segment's reliance on external capacity versus owned assets.
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