Covenant Landair Deal
https://nooga.com/218036/chattanoogas-covenant-transport-acquires-trucking-logistics-company/ 6 months Net PCF roughly $45.5 MM If you look at the Power Units vs the Drivers, Tells me that 1621 power units with 2200 drivers, is a high team rate. It also tells me that they are doing roughly 32% profit margins on the Gross. However they probably have a large […]