Covenant Transportation (CVTI -21%) plunges after projecting a surprise Q3 loss. The trucking...


Covenant Transportation (CVTI -21%) plunges after projecting a surprise Q3 loss. The trucking company says a 9-10% decrease in revenue miles/truck as costs for wages, fuel, and insurance rise is tagging the bottom line, and expects a loss of $500K-$1.7M vs. expectations for a $2.3M profit. (PR)

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