Covenant Transportation Group, Inc. · Chattanooga, TN United States ·(NASDAQ (GS): CVTI)
Company Description
View Covenant Transportation Group, Inc. Locations On A US Map
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This link will open in a new window Truckload freight carrier Covenant Transportation Group promises its customers speedy service on long-haul and regional routes. The company operates a fleet of about 3,300 tractors and 8,270 trailers, including both dry vans and temperature-controlled units (through its Southern Refrigerated Transport subsidiary). In addition to for-hire transportation, Covenant offers dedicated contract carriage, in which drivers and equipment are assigned long-term to a customer or route, and freight brokerage services. Averaging about 800 miles per length of haul, the company gets business from manufacturers, retailers, and other transportation companies; among its top customers are Georgia-Pacific , Wal-Mart , and UPS . To read the full description, subscribe now.
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Key Covenant Transportation Group, Inc. Financials
| Company Type | Public - NASDAQ (GS): CVTI Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $773.9 |
| 2008 Employees | 5,279 |
Covenant Transportation Group, Inc. Executives
27 executives listed for Covenant Transportation Group, Inc.'s Chattanooga, TN location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | David Parker | Network |
| SEVP and COO; President, Covenant Transport | Joey Hogan | Network |
| SVP and CFO | Richard Cribbs | Network |
Competition
Competitive Landscape for Covenant Transportation Group, Inc.
Demand is driven by consumer spending and manufacturing output. The profitability of individual companies depends on efficient operations. Large companies have advantages in account relationships, bulk fuel purchasing, fleet size, and access to drivers. Small operations can compete effectively by providing quick turnaround, serving a local market, or transporting unusually sized goods. Average annual revenue per employee is $135,000. Trucking competes with other forms of cargo transportation, including rail, air, and water. However, the shift toward intermodal transportation means that these modes of delivery are often more complementary than competitive. To read the full description, subscribe now.Top Covenant Transportation Group, Inc. Competitors
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