Type Public company Industry Transportation Area served United States, Canada Founded 1986 | Traded as NASDAQ: CVTI Founder David Parker Website ctgcompanies.com | |
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Stock price CVTI (NASDAQ) US$ 18.57 -0.35 (-1.85%)7 Mar, 11:05 AM GMT-5 - Disclaimer Headquarters Chattanooga, Tennessee, United States Subsidiaries Southern Refrigerated Transport Inc Profiles | ||
Covenant transport orientation
Covenant Transport, Inc. is a truckload carrier headquartered in Chattanooga, Tennessee. The company provides temperature controlled trucking, regional delivery, and longhaul delivery.
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It began operations on January 2, 1986, with 25 trucks and 50 trailers. The company now jointly operates over 2,700 trucks and 7,000 trailers with the companies Southern Refrigerated Transport Inc. (Texarkana, Arkansas) and Star Transportation Inc. (Nashville). The three companies have shared terminals in Chattanooga TN, Hutchins, TX, Pomona, CA, Texarkana, AR, Nashville, TN, and Dalton, GA.
On August 12, 2011, Factory & Steel Transportation, Inc. (Fastrans) of Tennessee announced that its van operations would be acquired by Covenant. A letter issued to Fastrans' customers by Mark Paré, Covenant's Senior Vice President of Sales and Marketing, stated that the acquisition would increase the company's access to the Canadian transportation market.