Covenant Transport
Covenant Transport, Inc. is a truckload carrier headquartered in Chattanooga, Tennessee and is the expedited specialist of publicly traded parent company Covenant Transportation Group (CTG) (NASDAQ: CVTI) and doing business as Covenant Transport Services.[1] The company provides temperature controlled trucking, regional delivery, and longhaul team driver delivery.[2]
 | |
| Public company | |
| Traded as | NASDAQ: CVTI 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 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 Southern Refrigerated Transport, Inc. (Texarkana, Arkansas), Star Transportation 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 Transportation Group - Investors". Covenant transport web site.
- "Services". Covenant Transport. Retrieved 2007-11-13.
- "Covenant Transport - History". Covenant transport web site.
