Covenant Logistics Group (NASDAQ:CVLG) (NASDAQ: CVLG) is a diversified transportation and logistics company that provides an array of services designed to meet the evolving needs of shippers across North America. Its core operations include truckload and less-than-truckload (LTL) freight, expedited and dedicated services, temperature-controlled shipping, intermodal transport and freight brokerage. By integrating its own fleet assets with third-party carriers, Covenant offers flexible solutions that aim to optimize supply chain efficiency and reduce transit times for customers in industries ranging from retail and manufacturing to food and beverage.
Since its founding in 1986 in Chattanooga, Tennessee, Covenant has grown from a regional expedited carrier into a nationwide logistics provider. Over the years, the company has expanded through strategic acquisitions, development of proprietary technology platforms and establishment of service lines such as final-mile delivery, supply chain consulting and cross-border operations. Its technology stack includes real-time tracking tools, freight-matching algorithms and customer portals that facilitate seamless booking, dispatch and monitoring of freight movements.
Operating a modern fleet of tractors and trailers—many equipped with multi-temperature capabilities—Covenant maintains terminals and service centers across the contiguous United States and Canada. This network supports point-to-point truckload and LTL lanes, as well as intermodal connections to major rail hubs. The company’s regional footprint allows for next-day and two-day service options on high-density lanes, while its brokerage arm leverages a broad carrier base to accommodate irregular flows and seasonal spikes.
Leadership at Covenant Logistics Group includes President and Chief Executive Officer Marcel J. Schaefer, who has overseen the company’s strategic diversification and digital investments, and Founder and Executive Chairman David F. Parker, whose focus on operational excellence and customer service has guided the firm’s longstanding growth. Under this executive team, Covenant continues to invest in sustainable practices, driver recruitment initiatives and technology enhancements to support future expansion and maintain its commitment to service reliability.
