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 official record: Covenant Logistics Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- 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 $79.37M in Q1 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 66.6% year-over-year, from $47.63M to $79.37M.
- 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.