Covenant Logistics

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Covenant Logistics Group, Inc.
FormerlyCovenant Transport, Inc.
Company type Public
NYSE:  CVLG
Russell 2000 Component
IndustryTransportation
Founded1986;39 years ago (1986), in Chattanooga, Tennessee
FounderDavid Parker
HeadquartersChattanooga, Tennessee
Area served
USA and Canada
Website www.covenantlogistics.com

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]

Contents

History

Covenant was founded in 1986 by David and Jacqueline Parker, with 25 trucks and 50 trailers. [2] 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 ]

Covenant Transport rebranded as Covenant Logistics in 2021 following its acquisition of Landair Holdings. [3] [4]

Acquisitions

In July 2018, Covenant Logistics (Covenant Transport at the time) acquired Landair Holdings Inc., the parent of Landair Transport and Landair Logistics. [5]

In April of 2023, Covenant Logistics acquired Lew Thompson & Son Trucking, Inc.. [6] Lew Thompson & Son Trucking is based out of Northern Arkansas and specializes in live haul transportation. [7]

See also

References

  1. ↑ "Services". Covenant Transport. Retrieved November 13, 2007.
  2. ↑ "Our History". Covenant Logistics. Retrieved November 17, 2025.
  3. ↑ "Covenant completes rebranding to Covenant Logistics Group". Commercial Carrier Journal. October 7, 2021. Retrieved November 17, 2025.
  4. ↑ "Covenant Logistics Announces New Website, Rebranding Effort Complete". The Greeneville Sun. October 7, 2021.
  5. ↑ "Covenant Transport Services Acquires Landair Holdings". Transport Topics. July 6, 2018. Retrieved October 25, 2023.
  6. ↑ Rosa, Jeff Della (May 1, 2023). "Covenant buys Lew Thompson & Son Trucking for $100 million". Talk Business & Politics. Retrieved October 25, 2023.
  7. ↑ "Covenant Logistics Completes Acquisition Of Arkansas Trucking Firm". www.chattanoogan.com. April 27, 2023. Retrieved October 25, 2023.
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