Covenant Logistics Group Overview
- Year Founded
-
1986

- Status
-
Public
- Employees
-
4,800

- Stock Symbol
-
CVLG

- Investments
-
5
- Share Price
-
$22.85
- (As of Friday Closing)
Covenant Logistics Group General Information
Description
Covenant Logistics Group Inc together with its wholly-owned subsidiaries offers truckload transportation and freight brokerage services to customers throughout the continental United States. The company's reportable segments include Expedited, Dedicated Services, Managed Freight and Warehousing. Expedited segment provides truckload services to customers with high service freight and delivery standards. Dedicated segment provides customers with committed truckload capacity over contracted periods with the goal of three to five years in length. Managed Freight segment includes brokerage services and TMS. Warehousing segment provides day-to-day warehouse management services to customers who have chosen to outsource this function. Majority of revenue is generated from expedited segment.
Contact Information
Website
www.covenantlogistics.comCorporate Office
- 400 Birmingham Highway
- Chattanooga, TN 37419
- United States
Corporate Office
- 400 Birmingham Highway
- Chattanooga, TN 37419
- United States
Covenant Logistics Group Stock Performance
As of 20-Jun-2025, Covenant Logistics Group’s stock price is $22.85. Its current market cap is $607M with 26.6M shares.
(As of Friday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$22.85 | $22.84 | $17.46 - $30.77 | $607M | 26.6M | 152K | $1.47 |
Covenant Logistics Group Financials Summary
As of 31-Mar-2025, Covenant Logistics Group has a trailing 12-month revenue of $1.12B.
In Thousands, USD |
TTM 31-Mar-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 |
---|---|---|---|---|
EV | 850,689 | 999,715 | 830,376 | 542,197 |
Revenue | 1,122,068 | 1,131,476 | 1,103,573 | 1,216,858 |
EBITDA | 150,081 | 146,002 | 150,150 | 203,387 |
Net Income | 38,509 | 35,921 | 55,229 | 108,682 |
Total Assets | 979,969 | 997,568 | 954,438 | 796,645 |
Total Debt | 278,172 | 296,889 | 293,464 | 179,629 |
Covenant Logistics Group Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Covenant Logistics Group Comparisons
Industry
Financing
Details
Covenant Logistics Group Competitors (34)
One of Covenant Logistics Group’s 34 competitors is U.S. Xpress Enterprises, a Corporate Backed or Acquired company based in Chattanooga, TN.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
U.S. Xpress Enterprises | Corporate Backed or Acquired | Chattanooga, TN | ||||
Heartland Express | Corporation | North Liberty, IA | ||||
Knight-Swift Transportation Holdings | Corporation | Phoenix, AZ | ||||
J.B. Hunt Transport | Corporation | Lowell, AR | ||||
PAMT | Corporation | Tontitown, AR |
Covenant Logistics Group Signals
Covenant Logistics Group Acquisitions (5)
Covenant Logistics Group’s most recent deal was a Merger/Acquisition with Sims Transport Services for . The deal was made on 18-Aug-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Sims Transport Services | 18-Aug-2023 | Merger/Acquisition | Logistics | ||
Lew Thompson & Son | 26-Apr-2023 | Merger/Acquisition | Road | ||
AAT Carriers | 09-Feb-2022 | Merger/Acquisition | Logistics | ||
Landair Holdings | 03-Jul-2018 | Merger/Acquisition | Road | ||
Star Transportation | 14-Sep-2006 | Merger/Acquisition | Road |
Covenant Logistics Group ESG
Risk Overview
Risk Rating
Updated April, 26, 2025
17.78 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,673
Rank
Percentile

Transportation
Industry
of 368
Rank
Percentile

Trucking
Subindustry
of 63
Rank
Percentile

Covenant Logistics Group Affiliates
Subsidiaries (3)
Name | Industry | Location | Year Founded |
---|---|---|---|
Sims Transport Services | Homer, GA | 2015 | |
AAT Carriers | Chattanooga, TN | 2007 | |
Lew Thompson & Son | Huntsville, AR | 1983 |
Covenant Logistics Group FAQs
-
When was Covenant Logistics Group founded?
Covenant Logistics Group was founded in 1986.
-
Where is Covenant Logistics Group headquartered?
Covenant Logistics Group is headquartered in Chattanooga, TN.
-
What is the size of Covenant Logistics Group?
Covenant Logistics Group has 4,800 total employees.
-
What industry is Covenant Logistics Group in?
Covenant Logistics Group’s primary industry is Road.
-
Is Covenant Logistics Group a private or public company?
Covenant Logistics Group is a Public company.
-
What is Covenant Logistics Group’s stock symbol?
The ticker symbol for Covenant Logistics Group is CVLG.
-
What is the current stock price of Covenant Logistics Group?
As of 20-Jun-2025 the stock price of Covenant Logistics Group is $22.85.
-
What is the current market cap of Covenant Logistics Group?
The current market capitalization of Covenant Logistics Group is $607M.
-
What is Covenant Logistics Group’s current revenue?
The trailing twelve month revenue for Covenant Logistics Group is $1.12B.
-
Who are Covenant Logistics Group’s competitors?
U.S. Xpress Enterprises, Heartland Express, Knight-Swift Transportation Holdings, J.B. Hunt Transport, and PAMT are some of the 34 competitors of Covenant Logistics Group.
-
What is Covenant Logistics Group’s annual earnings per share (EPS)?
Covenant Logistics Group’s EPS for 12 months was $1.47.
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