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Covenant Logistics Group Inc(CV5)

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. Its Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length 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. Its Warehousing segment provides day-to-day warehouse management services to customers, as well as shuttle and switching services related 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.


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Home Page: www.covenantlogistics.com

400 Birmingham Highway
Chattanooga, TN 37419
United States
Phone: 423 821 1212


Officers

Name Title
Mr. David Ray Parker Chairman of the Board & CEO
Mr. M. Paul Bunn CPA President
Mr. James S. Grant III Executive VP & CFO
Mr. Joey B. Hogan Executive VP & Director
Mr. Samuel F. Hough Executive Vice President of Expedited Operations
Ms. Lynn Doster Executive Vice President of Dedicated & Warehousing Operations
Mr. Dustin Koehl Chief Operating Officer
Mr. Matisse Long Chief Accounting Officer
Mr. Eric Whitton Senior Vice President of Technology
Mr. Troy A. Robertson Senior VP & General Counsel

Exchange: F

Country: DE : Germany

Currency: Euro (€)

GIC Sector: Industrials
GIC Group: Transportation
GIC Industry: Ground Transportation
GIC Sub-Industry: Trucking
Forward PE: 12.0337
Trailing PE: 19.2171
Price-to-Book MRQ: 1.7457
Price-to-Sales TTM: 0.6388
IPO Date:
Fiscal Year End: December
Full Time Employees: 2900
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