Covenant numbers relatively flat
Covenant Transport Inc. said its first-quarter financial results were relatively flat compared to the same period last year. For the quarter, Covenant's revenue increased approximately 4% to $137.9 million. Freight revenue, before fuel and accessorial surcharges, decreased 1% to $128.0. Net income increased to $839,000 from a net loss of $1.7 million. "The positive news for the quarter was that revenue