Covenant Logistics (CVLG) 8-K Regulation FD Disclosure

Exhibit 99.1

Covenant Logistics Group, Inc. Revised Unaudited Segment Financial and Operating Data

	For the three months ended,						For the three months ended,
	June 30, 2020						March 31, 2020
	Expedited		Dedicated		Combined Truckload		Expedited		Dedicated		Combined Truckload
Weighted avg tractors per period		1,208		1,612		2,820		1,311		1,676		2,987
Miles per tractor per week		2,649		1,509		1,998		2,417		1,781		2,061
Average freight revenue per total mile	$	1.76	$	1.91	$	1.83	$	1.87	$	1.80	$	1.84
Average freight revenue per tractor per week	$	4,670	$	2,881	$	3,647	$	4,517	$	3,207	$	3,782
	For the three months ended,						For the three months ended,
	December 31, 2019						September 30, 2019
	Expedited		Dedicated		Combined Truckload		Expedited		Dedicated		Combined Truckload
Weighted avg tractors per period		1,282		1,734		3,015		1,259		1,813		3,072
Miles per tractor per week		2,432		1,746		2,037		2,430		1,746		2,026
Average freight revenue per total mile	$	1.97	$	1.82	$	1.89	$	1.92	$	1.80	$	1.86
Average freight revenue per tractor per week	$	4,787	$	3,169	$	3,857	$	4,669	$	3,137	$	3,765
	For the three months ended,						For the three months ended,
	June 30, 2019						March 31, 2019
	Expedited		Dedicated		Combined Truckload		Expedited		Dedicated		Combined Truckload
Weighted avg tractors per period		1,324		1,763		3,087		1,391		1,729		3,120
Miles per tractor per week		2,425		1,760		2,045		2,214		1,743		1,953
Average freight revenue per total mile	$	1.89	$	1.79	$	1.84	$	1.94	$	1.83	$	1.89
Average freight revenue per tractor per week	$	4,580	$	3,156	$	3,767	$	4,298	$	3,188	$	3,683
	For the three months ended,						For the three months ended,
	December 31, 2018						September 30, 2018
	Expedited		Dedicated		Combined Truckload		Expedited		Dedicated		Combined Truckload
Weighted avg tractors per period		1,546		1,575		3,120		1,608		1,460		3,068
Miles per tractor per week		2,298		1,737		2,016		2,442		1,772		2,123
Average freight revenue per total mile	$	2.29	$	1.93	$	2.14	$	2.06	$	1.82	$	1.97
Average freight revenue per tractor per week	$	5,271	$	3,352	$	4,304	$	5,036	$	3,227	$	4,175

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(in thousands)	Quarter ended
	6/30/2020			3/31/2020			12/31/2019			9/30/2019			6/30/2019		3/31/2019			12/31/2018		9/30/2018
Freight Revenues1:
Expedited	$	73,330		$	76,977		$	80,643		$	77,609		$	78,830	$	77,757		$	102,516	$	102,233
Dedicated		60,378			69,871			72,202			74,398			72,354		71,649			73,957		66,141
Managed Freight		34,362			30,737			42,891			33,339			29,707		32,677			54,041		33,156
Warehousing		11,493			11,996			11,575			12,031			11,768		11,831			11,870		11,709
Total freight revenues	$	179,564		$	189,581		$	207,311		$	197,377		$	192,659	$	193,914		$	242,385	$	213,239
Operating (Loss) Income1:
Expedited	$	(12,835	)	$	(1,832	)	$	605		$	(2,638	)	$	1,662	$	(870	)	$	10,394	$	9,268
Dedicated		(13,169	)		(1,250	)		(1,517	)		(2,979	)		3,519		2,145			5,944		2,692
Managed Freight		(3,627	)		653			1,302			507			369		1,144			3,647		1,552
Warehousing		681			975			1,275			1,239			1,480		1,527			1,149		1,724
Total operating (loss) income	$	(28,950	)	$	(1,454	)	$	1,665		$	(3,871	)	$	7,030	$	3,946		$	21,133	$	15,237

⁽¹⁾ The results of our former factoring segment, Transport Financial Solutions, the assets of which were sold on July 8, 2020, will be reflected as discontinued operations and are not included herein.

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