Covenant Logistics Group, Inc. Class A

Excuse me, everyone. We now have all of our speakers in conference. Please be aware that each of your lines is in a listen-only mode. At the conclusion of today's presentation, we will open the floor for questions. At that time, instructions will be given as to the procedure to follow if you would like to ask a question. I would now like to turn today's conference over to Richard Cripps. Sir, you may begin.

Hey, thank you, Samantha. Good morning to everybody. Welcome to our first quarter conference call. Joining me on the call this morning are David Parker, Joey Hogan, and Paul Bunn here, and John Tweed from another location. This conference call will contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risk and uncertainty that could cause from those contemplated by the forward-looking statements. Please review our disclosures and filing for the SEC, including without limitation the risk factor section in our most recent Form 10-K and our current year Form 8-K. We undertake no obligation to update or revise any forward-looking statements to reflect subsequent events or circumstances. As a reminder, a copy of our prepared comments and additional financial information is available on our website at covenanttransport.com.

In the summary, the key highlights of the report were, our holiday versus truckload sales revenue, including fuel, decreased 1% to $77 million, primarily to a 5.8% or 80 tractors average operating fee reduction.