Covenant Logistics Group, Inc.

Company overview

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.

Sector

Industrials

Industry

Trucking

Exchange

NYSE

Market cap

$785M

Employees

4,800

Headquarters

Chattanooga, TN

Website

covenantlogistics.com

CEO

David R. Parker

Listed

October 28, 1994

P/E

171.78

Dividend yield

0.80%