Covenant Logistics Group, Inc 8-K, filed Oct 28, 2020
Covenant Logistics Group, Inc. (CVLG)
8-K
2020-10-28
For: 2020-10-27
View Original
Added on
April 04, 2026
About this 8-K
Covenant Logistics Group, Inc filed this 8-K on October 28, 2020, reporting on events of October 27, 2020.
Items reported
- Item 7.01: Regulation FD disclosure
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
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(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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(Address of principal executive offices)
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(Zip Code)
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(423 ) 821-1212
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Emerging growth company
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
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Item 7.01
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Regulation FD Disclosure
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On October 27, 2020, Covenant Logistics Group, Inc., a Nevada corporation (the “Company”), held a conference call discussing its
financial and operating results for the quarter ended September 30, 2020. During the question and answer portion of the conference call, Company officers provided commentary concerning adjusted operating ratio expectations for the
fourth quarter of 2020 and full year of 2021. The commentary and any other prior statements are updated as set forth below:
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Fourth Quarter of 2020. Adjusted operating ratio is expected to improve slightly compared with the 93.2% adjusted operating ratio
generated in the third quarter of 2020.
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Full Year 2021. Adjusted operating ratio for the full year of 2021 is expected to improve compared with adjusted operating ratio for the
full year of 2020 but deteriorate compared with the 93.2% adjusted operating ratio achieved in the third quarter of 2020.
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This Item 7.01 of this
report contains "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act and such statements are subject to the safe harbor created by those sections and the
Private Securities Litigation Reform Act of 1995, as amended. Such statements are made based on the current beliefs and expectations of the
Company's management and are subject to significant risks and uncertainties. Actual results or events may differ from those anticipated by forward-looking statements. Please refer to the italicized paragraph at the end of the
press release relating to the September 30, 2020 earnings release and various disclosures by the Company in its press releases, stockholder reports, and filings with the Securities and Exchange Commission for information
concerning risks, uncertainties, and other factors that may affect future results.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
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COVENANT TRANSPORTATION GROUP, INC.
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(Registrant)
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Date: October 27, 2020
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By:
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/s/ M. Paul Bunn
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M. Paul Bunn
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Executive Vice President, Chief Financial Officer, and Secretary
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