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

headquarter Headquarters (often referred to as HQ) notes the location where most or all of the important functions of an organization are coordinated. The term is used in a wide variety of situations, including private sector corporations, non-profits, mil ...

ed in Chattanooga, Tennessee and is publicly traded on the

New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It is the List of stock exchanges, largest stock excha ...

. 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

truck A truck or lorry is a motor vehicle designed to transport freight, carry specialized payloads, or perform other utilitarian work. Trucks vary greatly in size, power, and configuration, but the vast majority feature body-on-frame construct ...

s 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. It is the twin city of Texarkana, Texas, located just acros ...

), Star Transportation Inc. (

La Vergne, Tennessee La Vergne ( ) is a city in Rutherford County, Tennessee, United States. The population was 38,719 at the 2020 census. La Vergne lies within the Nashville Metropolitan Statistical Area. Notably, its police department was the subject of a 2023 ...

) and Landair Transportation, Inc. (

Greeneville, Tennessee Greeneville is an incorporated town in and the county seat of Greene County, Tennessee, United States. The population as of the 2020 United States census, 2020 census was 15,479. The town was named in honor of American Revolutionary War, Revol ...

). The four companies have shared terminals in Chattanooga, Hutchins, Texas,

Pomona, California Pomona ( ) is a city in eastern Los Angeles County, California, United States. Pomona is located in the Pomona Valley, between the Inland Empire and the San Gabriel Valley. At the 2020 United States census, 2020 census, the city's population was ...

, La Vergne,

Allentown, Pennsylvania Allentown (Pennsylvania Dutch language, Pennsylvania Dutch: ''Allenschteddel'', ''Allenschtadt'', or ''Ellsdaun'') is a city in eastern Pennsylvania, United States. The county seat of Lehigh County, Pennsylvania, Lehigh County, it is the List o ...

Orlando, Florida Orlando ( ) is a city in and the county seat of Orange County, Florida, United States. The city proper had a population of 307,573 at the 2020 census, making it the fourth-most populous city in Florida behind Jacksonville, Florida, Jacksonville ...

, 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.

Acquisitions

In July 2018, Covenant Logistics (Covenant Transport at the time) acquired Landair Holdings Inc., the parent of Landair Transport and Landair Logistics. In April of 2023, Covenant Logistics acquired Lew Thompson & Son Trucking, Inc.. Lew Thompson & Son Trucking is based out of Northern Arkansas and specializes in live haul transportation.

Renaming

Following its acquisition of Landair Holdings, the company re-named itself from Covenant Transport to Covenant Logistics.

References

External links

Official WebsiteLogistics Software
{{Trucking industry in the United States Companies listed on the New York Stock Exchange Companies formerly listed on the Nasdaq 1986 establishments in Tennessee 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 1994 initial public offerings