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Stock impact report

Q4 Earnings Highs And Lows: Covenant Logistics (NYSE:CVLG) Vs The Rest Of The Ground Transportation Stocks [Yahoo! Finance]

Covenant Logistics Group, Inc. Class A (CVLG) 
Company Research Source: Yahoo! Finance
As the Q4 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the ground transportation industry, including Covenant Logistics (NYSE:CVLG) and its peers. The growth of e-commerce and global trade continues to drive demand for shipping services, especially last-mile delivery, presenting opportunities for ground transportation companies. The industry continues to invest in data, analytics, and autonomous fleets to optimize efficiency and find the most cost-effective routes. Despite the essential services this industry provides, ground transportation companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies' offerings while fuel costs can influence profit margins. The 15 ground transportation stocks we track reported a slower Q4. As a group, revenues were in line with analysts' consensus estimates. Amidst this news, share prices of the companies have had Show less Read more
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