CVLG

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 1000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods 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. This segment also provides shuttle and switching services 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.