Covenant Logistics Group, Inc. (formerly Covenant Transport, Inc.) is an American company focused on

truckload shipping Truckload shipping is the movement of large amounts of homogeneous cargo, generally the amount necessary to fill an entire semi-trailer or intermodal container. A truckload carrier is a trucking company that generally contracts an entire trailer-l ...

. The company is headquartered in

Chattanooga, Tennessee Chattanooga ( ) is a city in and the county seat of Hamilton County, Tennessee, United States. Located along the Tennessee River bordering Georgia, it also extends into Marion County on its western end. With a population of 181,099 in 2020, ...

and is publicly traded on

Nasdaq The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

(NASDAQ: CVLG). The company provides temperature controlled trucking, regional delivery, and longhaul team driver delivery.

History

Covenant began operations on January 2, 1986, by founders David and Jacqueline Parker, with 25 trucks and 50 trailers. The company now jointly operates over 3,000 trucks and 7,000 trailers with sister companies Southern Refrigerated Transport, Inc. (

Texarkana, Arkansas Texarkana is a city in the U.S. state of Arkansas and the county seat of Miller County, on the southwest border of the state. As of the 2020 census, it had a population of 29,387. The city is located across the state line from its twin city ...

), Star Transportation Inc. (

La Vergne, Tennessee La Vergne ( ) is a city in Rutherford County, Tennessee. The population was 38,719 at the 2020 census. La Vergne lies within the Nashville Metropolitan Statistical Area. History La Vergne was incorporated in 1861. Historical variant names incl ...

) and Landair Transportation, Inc. (

Greeneville, Tennessee Greeneville is a town in and the county seat of Greene County, Tennessee, United States. The population as of the 2020 census was 15,479. The town was named in honor of Revolutionary War hero Nathanael Greene, and it is the second oldest town i ...

). The four companies have shared terminals in Chattanooga,

Hutchins, Texas Hutchins is a city in Dallas County, Texas, United States. Its population was 5,338 at the 2010 census. History The area was first inhabited by families around 1860 as a trading place for immigrants who settled along the west bank of the Trinity ...

Pomona, California Pomona is a city in Los Angeles County, California. Pomona is located in the Pomona Valley, between the Inland Empire and the San Gabriel Valley. At the 2020 census, the city's population was 151,713. The main campus of California State Polyte ...

, La Vergne,

Allentown, Pennsylvania Allentown (Pennsylvania Dutch language, Pennsylvania Dutch: ''Allenschteddel'', ''Allenschtadt'', or ''Ellsdaun'') is a city in Lehigh County, Pennsylvania, Lehigh County, Pennsylvania. The city has a population of 125,845 as of the 2020 United ...

Orlando, Florida Orlando () is a city in the U.S. state of Florida and is the county seat of Orange County, Florida, Orange County. In Central Florida, it is the center of the Greater Orlando, Orlando metropolitan area, which had a population of 2,509,831, acco ...

, and Greenville. In addition to the four asset-based companies, CTG owns a freight brokerage company, Covenant Transport Solutions, and an accounts receivable factoring company for smaller trucking companies, Transport Financial Solutions, both based in Chattanooga. CTG has a 49% stake in Transport Enterprise Leasing, a tractor and trailer

leasing A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial ...

company that caters to smaller fleets and captive

owner-operator An owner-operator is a small business or microbusiness owner who also runs the day-to-day operations of the company. Owner-operators are found in many business models and franchising companies in many different industries like restaurant chains, ...

programs, in addition to used tractor and trailer sales. Following its acquisition of Landair Holdings, the company re-named itself from Covenant Transport to Covenant Logistics.

References

External links

Official WebsiteCompany
{{Trucking industry in the United States Companies based in Chattanooga, Tennessee Trucking companies of the United States Companies listed on the Nasdaq Transportation companies based in Tennessee Transport companies established in 1986 American companies established in 1986 1986 establishments in Tennessee