Covenant Transportation Group Inc (NASDAQ:CVTI)

9.66
Data as of 10:11am ET
 -0.115 / -1.18%
Today’s Change
4.85
Today|||52-Week Range
12.29
+17.72%
Year-to-Date
SECTOR
Transportation
INDUSTRY
Trucking
MARKET CAP
$145.5M

Company Description

Covenant Transportation Group, Inc. is a specialized transportation company. It is a carrier for transportation companies such as freight forwarders, less-than-truckload carriers, and third-party logistics providers that require a high level of service to support their businesses, as well as for traditional truckload customers such as manufacturers, retailers, and food and beverage shippers. The company operates through two segments: Asset-Based Truckload Services and Brokerage Services. The Asset-Based Truckload segment consists of three asset-based operating fleets: Covenant Transport, Inc., which provides expedited long-haul and regional solo-driver service; Southern Refrigerated Transport, Inc., which provides primarily long-haul and regional temperature-controlled service; and Star Transportation, Inc., which provides regional solo-driver service, primarily in the Southeastern United States. The Brokerage Services segment provides freight brokerage service directly and through freight brokerage agents who are paid a commission for the freight they provide. Covenant Transportation Group was founded by David Ray Parker and Jacqueline F. Parker in 1985 and is headquartered in Chattanooga, TN.

Contact Information

Covenant Transportation Group, Inc.
400 Birmingham Highway
Chattanooga Tennessee 37419-2346
P:(423) 821-1212
Investor Relations:

Employees

Shareholders

Individual stakeholders37.57%
Other institutional25.45%
Mutual fund holders24.83%

Top Executives

David Ray ParkerChairman, President & Chief Executive Officer
Joey B. HoganChief Operating Officer & Senior Executive VP
Jim LyonVice President-Operations
Andy VanzantVice President-Operations
Richard B. CribbsChief Financial Officer & Senior Vice President

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