Covenant Logistics Group, Inc. (NYSE:CVLG) Q4 2024 Earnings Conference Call January 24, 2025 10:00 AM ET
Company Participants
Tripp Grant – EVP, CFO
David Parker – CEO
Paul Bunn – President
Dustin Koehl – COO
Conference Call Participants
Daniel Imbro – Stephens
Jason Seidl – TD Cowen
Scott Group – Wolfe Research
Jeff Kauffman – Vertical Research Partners
Michael Vermut – Newland Capital
Operator
Welcome to today’s Covenant Logistics Group Fourth Quarter Earnings Release and Investor Conference Call. Our host for today’s call is Tripp Grant. At this time, all participants will be in a listen only mode. Later, we will conduct a question and answer session. I would now like to turn the call over to your host. Mr. Grant, you may begin.
Tripp Grant
Good morning, everyone. And welcome to the Covenant Logistics Group fourth quarter 2024 conference call. As a reminder, this call will contain forward-looking statements under the Private Securities Litigation Reform Act, which are subject to risks and uncertainties that could cause actual results to differ materially. Please review our SEC filings and most recent risk factors. We undertake no obligation to publicly update or revise any forward looking statements. Our prepared comments and additional financial information are available on our Web site at www.covenantlogistics.com/investors. Joining me on the call today are CEO, David Parker; President, Paul Bunn; and COO, Dustin Koehl. Before addressing the quarter’s results, I would like to take a moment to comment on the year as a whole. For the second consecutive year, our business model demonstrated durability in a weak general freight environment, which would not have been possible without the commitment of our talented team executing on a common strategic goal. In 2025, we will continue to focus on factors within our control that make Covenant a more profitable and consistent company over the long term. We made great strides in 2024 and will continue to work on improving our model