Covenant Logistics Group Company Description
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States.
It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows.
The Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length using equipment either owned or leased by the company.
The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers’ freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs.
The Warehousing segment provides day-to-day warehouse management services to customers, as well as shuttle and switching services related to shuttling containers and trailers.
The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers.
The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020.
Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.
| Country | United States |
| Founded | 1986 |
| Industry | Trucking, except Local |
| Employees | 4,800 |
| CEO | David Parker |
Contact Details
Address: 400 Birmingham Highway Chattanooga, Nevada 37419 United States | |
| Phone | 423 821 1212 |
| Website | covenantlogistics.com |
Stock Details
| Ticker Symbol | CV5 |
| Exchange | Frankfurt Stock Exchange |
| Stock Type | Common Stock |
| Share Class | Class A Shares |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| SIC Code | 4213 |
Key Executives
| Name | Position |
|---|---|
| David Parker | Chief Executive Officer |
| James Grant | Chief Financial Officer |
| Dustin Koehl | Chief Operating Officer |