Covenant Logistics
| Formerly | Covenant Transport, Inc. |
|---|---|
| Company type | Public |
| NYSE: CVLG Russell 2000 Component | |
| Industry | Transportation |
| Founded | 1986, in Chattanooga, Tennessee |
| Founder | David Parker |
| Headquarters | Chattanooga, Tennessee |
Area served | USA and Canada |
| Website | www |
Covenant Logistics Group, Inc. (formerly Covenant Transport, Inc.) is an American company focused on truckload shipping. The company is headquartered in Chattanooga, Tennessee, and is publicly traded on the New York Stock Exchange. The company provides temperature controlled trucking, regional delivery, and longhaul team driver delivery.[1]
History
[edit | edit source]Covenant was founded in 1986 by David and Jacqueline Parker, with 25 trucks and 50 trailers.[2]
In July 2018, Covenant Transport acquired Landair Holdings Inc., the parent of Landair Transport and Landair Logistics.[3]
Covenant Transport rebranded as Covenant Logistics in 2021 following its acquisition of Landair Holdings.[4][5]
In April of 2023, Covenant Logistics acquired Lew Thompson & Son Trucking,[6] a company based out of Northern Arkansas that specialized in live haul transportation.[7]
Operations
[edit | edit source] | This section needs to be updated. The reason given is: Needs update to reflect more recent mergers and acquisitions. (November 2025) |
The company now jointly operates over 3,000 trucks and 7,000 trailers with sister companies Southern Refrigerated Transport, Inc. (Texarkana, Arkansas), Star Transportation Inc. (La Vergne, Tennessee) and Landair Transportation, Inc. (Greeneville, Tennessee). The four companies have shared terminals in Chattanooga, Hutchins, Texas, Pomona, California, Texarkana, Arkansas, La Vergne, Allentown, Pennsylvania, Orlando, Florida, and Greenville.[citation needed]
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 company that caters to smaller fleets and captive owner-operator programs, in addition to used tractor and trailer sales.[citation needed]
See also
[edit | edit source]References
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External links
[edit | edit source]- 1994 initial public offerings
- 1986 establishments in Tennessee
- Companies listed on the New York Stock Exchange
- Companies formerly listed on the Nasdaq
- Transport companies established in 1986
- Trucking companies of the United States
- Companies based in Chattanooga, Tennessee
- Transportation companies based in Tennessee
- American companies established in 1986