Covenant Logistics Group, Inc. CVLG

What this company does

Covenant Logistics Group, Inc. provides truckload transportation services primarily throughout the continental United States, utilizing equipment it owns or leases or equipment owned by independent contractors. At December 31, 2025, it employed approximately 2,900 drivers and approximately 1,800 non-driver personnel. Its top ten customers accounted for approximately 44% of its total revenue in 2025. It organizes its service offerings into four reportable segments, Expedited, Dedicated, Managed Freight, and Warehousing, which represented 29.95%, 33.47%, 27.08%, and 9.44% of 2025 freight revenue, respectively. In its Expedited business it operates approximately 800 tractors, substantially all driven by two-person driver teams providing truckload services with high service freight and delivery standards, while in its Dedicated business it operates approximately 1,500 tractors, substantially all driven by a solo driver, providing customers with committed truckload capacity over contracted periods with a goal of three to five years in length. The company was founded in 1986 as a provider of expedited freight transportation, primarily using two-person driver teams in transcontinental lanes, and has since grown from 25 tractors to approximately 2,300 tractors.

Written from the business description in COVENANT LOGISTICS GROUP, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 27 February 2026. Every sentence was checked against that document before publication.