Covenant Logistics Group Inc Cl A
About
Covenant Logistics Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Highway Services and Dedicated Contract Services. The Highway Services Segment includes two separate service offerings: Expedited Services (Expedited) and Over-the-Road Services (OTR), both of which transport one-way freight over non-routine routes.
The Dedicated Contract Services Segment provides similar transportation services, but does so pursuant to agreements whereby equipment available to a specific customer for shipments over particular routes at specified times. The company was founded by David Ray Parker in 1986 and is headquartered in Chattanooga, TN.
Growth
Covenant Logistics is a well-established enterprise in the logistics and transportation industry. With a strong portfolio of solutions, the company has achieved a stable position in the market, focusing on providing value-driven supply chain services. Covenant has experienced consistent growth and development, which has established its reputation as a reliable provider in the industry.
Achievements
Covenant Logistics has achieved significant milestones in its history, including expanding its customer base across various industries such as consumer goods, retail, food & beverage, industrial manufacturing, paper & packaging, and healthcare. The company has also received awards and recognition for its expertise in data-driven logistics solutions. Covenant's commitment to continuous improvement and operational efficiencies has led to sustainable initiatives, managed costs, and efficient services for its customers.
Case Studies
Covenant Logistics has been involved in numerous noteworthy projects that have had a significant impact on its customers. One notable case study involves helping a major sporting goods discount store chain manage their supply chain challenges related to inconsistent forecasting. By providing freight consolidation services and ensuring consistent capacity at contractual rates, Covenant has brought stability and efficiency to their operations, showcasing the company's ability to deliver value-driven solutions.
Key Events
In recent years, Covenant Logistics has been actively involved in key industry events, such as product launches, partnerships, acquisitions, funding rounds, and awards. The company has expanded its service offerings through strategic partnerships and acquisitions, strengthening its market position and enhancing its capabilities. Covenant has also received important awards and industry recognition for its innovative solutions and commitment to continuous improvement, further establishing its leadership in the logistics and transportation sector.
Socials
Website
Founded
-
Operating Status
Active
Industry
Transportation/Logistics
headquarters
Address
400 Birmingham Highway Chattanooga Tennessee 37419 United States...
Country
United States
Employees
4600
Key People
Joey B. Hogan (Director)
Benjamin Solomon Carson (Director)
M. Paul Bunn (President)
Dustin Koehl (Chief Operating Officer)
Revenue
1.10 B
Operating Income
Stock Price
$50.90
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Covenant Logistics Group Inc Cl A
-
Website
-
Founded
-
-
Industry
Transportation/Logistics
-
Address
400 Birmingham Highway Chattanooga Tennessee 37419 United States...
-
Country
United States
-
Number of employees
4600+
-
Revenue
1.10 B
About Covenant Logistics Group Inc Cl A
Covenant Logistics Group, Inc. is a holding company, which engages in the provision of freight and logistics services. It operates through the following segments: Highway Services and Dedicated Contract Services. The Highway Services Segment includes two separate service offerings: Expedited Services (Expedited) and Over-the-Road Services (OTR), both of which transport one-way freight over non-routine routes.
The Dedicated Contract Services Segment provides similar transportation services, but does so pursuant to agreements whereby equipment available to a specific customer for shipments over particular routes at specified times. The company was founded by David Ray Parker in 1986 and is headquartered in Chattanooga, TN.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
