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Covenant Logistics Group, Inc. Stock AnalysisComprehensive stock analysis for Covenant Logistics Group, Inc. (CVLG) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisCVLG
CVLG
Covenant Logistics Group, Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
CVLG
Home🔹Stocks🔹Covenant Logistics Group, Inc.

Covenant Logistics Group, Inc.

CVLG•NASDAQ

Covenant Logistics Group, Inc.

CVLG•NASDAQ
Market cap
$1.09B
Sentiment

Your view on CVLG

Mkt Cap
$1.09B
Sentiment
Your view
CVLG
Covenant Logistics Group, Inc.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
CVLG
Company Overview

Overview

What the company does, where it operates, and who runs it.

About Covenant Logistics Group, Inc.

Industry
Trucking
Sector
Industrials
CEO
David Ray Parker
Headquarters
400 Birmingham Highway, Chattanooga, TN, US
Industry
Trucking
Sector
Industrials
CEO
David Ray Parker
Headquarters
400 Birmingham Highway, Chattanooga, TN, US
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. 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. The 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. As of December 31, 2021, it operated 2,291 tractors and 5,331 trailers. 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.

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Earnings Analysis

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Financial Statements

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Peer Comparison

Comparables

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Ownership & News

Institutional Ownership

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Insider Trading

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Senate Trading

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News

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