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.
Its 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.
Its 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 |
| IPO Date | Oct 28, 1994 |
| Industry | Trucking |
| Sector | Industrials |
| Employees | 2,900 |
| CEO | David Ray Parker |
Contact Details
Address: 400 Birmingham Highway Chattanooga, Tennessee 37419 United States | |
| Phone | (423) 821-1212 |
| Website | covenantlogistics.com |
Stock Details
| Ticker Symbol | CVLG |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000928658 |
| CUSIP Number | 22284P105 |
| ISIN Number | US22284P1057 |
| Employer ID | 88-0320154 |
| SIC Code | 4213 |
Key Executives
| Name | Position |
|---|---|
| David Ray Parker | Chairman of the Board and Chief Executive Officer |
| M. Paul Bunn | President and Chief Operating Officer |
| James S. Grant III | Executive Vice President and Chief Financial Officer |
| Joey B. Hogan | Executive Vice President and Director |
| Samuel F. Hough | Executive Vice President of Expedited Operations |
| Lynn Doster | Executive Vice President of Dedicated and Warehousing Operations |
| Matisse Long | Chief Accounting Officer |
| Eric Whitton | Senior Vice President of Technology |
| Troy A. Robertson | Senior Vice President and General Counsel |
| Joey Ballard | Executive Vice President of People and Safety |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 29, 2024 | 8-K | Current Report |
| Apr 24, 2024 | 8-K | Current Report |
| Apr 12, 2024 | ARS | Filing |
| Apr 12, 2024 | DEF 14A | Other definitive proxy statements |
| Apr 4, 2024 | 8-K | Current Report |
| Mar 1, 2024 | SC 13D/A | [Amend] General statement of acquisition of beneficial ownership |
| Feb 28, 2024 | 10-K | Annual Report |
| Feb 16, 2024 | 144 | Filing |
| Feb 15, 2024 | 8-K | Current Report |
| Feb 9, 2024 | SC 13G | Statement of acquisition of beneficial ownership by individuals |