Covenant Transport
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Type | Public company |
---|---|
Nasdaq: CVLG Russell 2000 Component | |
Industry | Transportation |
Founded | Chattanooga, Tennessee (1986) |
Founder | David Parker |
Headquarters | Chattanooga, Tennessee |
Area served | United States and Canada |
Website | ctgcompanies.com |
Covenant Transport, Inc. is a truckload carrier headquartered in Chattanooga, Tennessee and is the expedited specialist of publicly traded parent company Covenant Logistics Group (NASDAQ: CVLG) and doing business as Covenant Transport Services.[1] The company provides temperature controlled trucking, regional delivery, and longhaul team driver delivery.[2]
Covenant began operations on January 2, 1986,[3] by founders David and Jacqueline Parker, with 25 trucks and 50 trailers. The company now jointly operates over 3,000 trucks and 7,000 trailers with sister companies , Inc. (Texarkana, Arkansas), 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.
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.
References[]
- ^ "Covenant Logistics Group - Investors". Covenant transport web site.
- ^ "Services". Covenant Transport. Retrieved 2007-11-13.
- ^ "Covenant Transport - History". Covenant transport web site.
- Companies based in Chattanooga, Tennessee
- Trucking companies of the United States
- Companies listed on the Nasdaq
- Transportation companies based in Tennessee
- Transport companies established in 1986
- American companies established in 1986
- 1986 establishments in Tennessee