CVLG

Covenant Logistics Group, Inc., formerly Covenant Transportation Group, provides transportation and logistics services primarily in the United States. The company operates through segments including Expedited (temperature-controlled trucking), Dedicated (dedicated contract carriage), Managed Freight (freight brokerage and transportation management), and Warehousing (cold storage warehousing). Covenant transports time-sensitive and temperature-sensitive freight for customers in automotive, food and beverage, manufacturing, and retail industries. The company operates company trucks, owner-operator trucks, and arranges third-party transportation. Founded in 1986 and headquartered in Chattanooga, Tennessee, Covenant has built specialized expertise in refrigerated expedited trucking and logistics services. The company benefits from dedicated and expedited service offerings providing customer stickiness, asset-light freight brokerage growth, and warehousing operations diversifying revenues. Covenant faces trucking industry cyclicality, freight rate volatility, driver recruitment and retention challenges, fuel cost volatility, and competitive pressures. The company continues to focus on specialized services, operational efficiency, technology investments, and profitable growth across transportation and logistics segments.