Company Covenant Logistics Group, Inc.

Equities

CVLG

US22284P1057

Ground Freight & Logistics

Real-time Estimate Cboe BZX 10:04:00 2024-04-25 am EDT 5-day change 1st Jan Change
44.11 USD -0.11% Intraday chart for Covenant Logistics Group, Inc. +1.17% -4.52%

Business Summary

Covenant Logistics Group, Inc., through its subsidiaries, offers a portfolio of transportation and logistics services to customers throughout the United States. The Company’s primary services include asset-based expedited and dedicated truckload capacity, as well as asset-light warehousing, transportation management and freight brokerage capability. Its asset-based transportation services include two segments: Expedited and Dedicated. The Expedited segment primarily provides truckload services to customers. The Dedicated segment provides customers with committed truckload capacity over contracted periods. The Managed Freight segment includes its brokerage services and transportation management services (TMS). The Warehousing segment provides day-to-day warehouse management services for customers who have chosen to outsource this function. It also provides shuttle and switching services related to shuttling containers and trailers in or around freight yards and to/from warehouses.

Number of employees: 3,750

Sales per Business

USD in Million2022Weight2023Weight Delta
Expedited
38.4 %
453 37.2 % 424 38.4 % -6.38%
Dedicated
29.0 %
363 29.8 % 320 29.0 % -11.77%
Managed Freight
23.5 %
321 26.4 % 259 23.5 % -19.34%
Warehousing
9.1 %
80 6.6 % 101 9.1 % +25.45%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
1,217 100.0 % 1,104 100.0 % -9.31%

Managers

Managers TitleAgeSince
Chief Executive Officer 66 84-12-31
Director of Finance/CFO 45 19-06-30
President 45 09-06-30
Chief Tech/Sci/R&D Officer - 96-12-31
Director/Board Member 61 97-07-31
Human Resources Officer - 18-06-30
Corporate Officer/Principal - 18-06-30
Corporate Officer/Principal - -
Corporate Officer/Principal 58 13-02-17

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 66 84-12-31
Director/Board Member 65 16-12-31
Director/Board Member 73 21-07-06
Director/Board Member 66 20-06-30
Director/Board Member 61 97-07-31
Director/Board Member 57 02-12-31
Director/Board Member 68 13-10-16
Director/Board Member 40 20-06-30

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,350,000 0 0 42.41 %
Stock B 1 16,125,786 7,836,035 ( 48.59 %) 5,404,269 ( 33.51 %)

Shareholders

NameEquities%Valuation
1,404,463 13.10 % 65 M $
BlackRock Advisors LLC
9.983 %
1,070,329 9.983 % 50 M $
1,000,000 9.327 % 46 M $
Dimensional Fund Advisors LP
7.330 %
785,872 7.330 % 36 M $
LSV Asset Management
5.244 %
562,277 5.244 % 26 M $
Vanguard Fiduciary Trust Co.
4.160 %
445,965 4.160 % 21 M $
Scopus Asset Management LP
3.662 %
392,643 3.662 % 18 M $
Patton Albertson Miller Group LLC
2.664 %
285,671 2.664 % 13 M $
Acadian Asset Management LLC
2.454 %
263,112 2.454 % 12 M $
198,107 1.848 % 9 M $
NameEquities%Valuation
2,350,000 100.00 % 109 M $

Company contact information

Covenant Logistics Group, Inc.

400 Birmingham Highway

37419, Chattanooga

+

http://www.covenanttransport.com
address Covenant Logistics Group, Inc.(CVLG)
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