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About Covenant Logistics
Covenant Logistics Group Inc., formerly Covenant Transportation Group, Inc., is a provider of high-service truckload transportation services. The Company operates through highway services, dedicated, managed freight, and factoring segments. The Company’s highway services segment includes two separate service offerings: expedited services and over-the-road services (OTR), both of which transports one-way freight over nonroutine routes. The dedicated segment provides similar transportation services but does so pursuant to agreements whereby it makes its equipment available to a specific customer for shipments over particular routes at specified times. Its managed freight segment relies heavily on technology and provides: freight brokerage (brokerage), transportation management services (TMS), and warehousing and shuttle and switching service offerings to its customers.
Stock Analysis
