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Stock impact report

Covenant Logistics Receives U.S. EPA 2024 SmartWay Excellence Award

Covenant Logistics Group, Inc. Class A (CVLG) 
Company Research Source: GlobeNewswire
CHATTANOOGA, Tenn., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics was honored to be awarded the SmartWay® Excellence Award from the U.S. EPA (Environmental Protection Agency) as a true industry leader in supply chain performance and energy efficiency, confirming they are within the top 1% of freight carriers based on emissions. In their most recent CSR (Corporate Social Responsibility Report), Covenant Logistics highlighted one of their more significant decarbonization investments: a partnership with eAPU (electric auxiliary power unit) provider, DClimate. The eAPU allows professional drivers to maintain interior climate conditions and use most personal electronics without having to idle the engine to provide electricity. Their eAPUs can reduce idling by 2,220 hours annually, saves 1.76 million gallons of fuel per 1,000 trucks, and cut CO2 emissions by 31.68 million pounds per 1,000 trucks. Fleetwide adoption of the eAPU is an important part of Covenant Logistics overall dec Show less Read more
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