The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. Notes: Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. Price-fixing or anti-competitive practices Ownership Structure: publicly traded (ticker symbol CVLG)
CTG has a 49% stake in Transport Enterprise Leasing, a tractor and trailer leasing company that caters to smaller fleets and captive owner-operator programs, in addition to used tractor and trailer sales.įollowing its acquisition of Landair Holdings, the company re-named itself from Covenant Transport to Covenant Logistics.Violation Tracker Current Parent Company Summary Current Parent Company Name: Covenant Logistics Group In addition to the four asset-based companies, CTG owns a freight brokerage company, Covenant Transport Solutions, and an accounts receivable factoring company for smaller trucking companies, Transport Financial Solutions, both based in Chattanooga. The four companies have shared terminals in Chattanooga, Hutchins, Texas, Pomona, California, Texarkana, Arkansas, La Vergne, Allentown, Pennsylvania, Orlando, Florida, and Greenville. ( La Vergne, Tennessee) and Landair Transportation, Inc. ( Texarkana, Arkansas), Star Transportation Inc.
The company now jointly operates over 3,000 trucks and 7,000 trailers with sister companies Southern Refrigerated Transport, Inc. History Ĭovenant began operations on January 2, 1986, by founders David and Jacqueline Parker, with 25 trucks and 50 trailers. The company provides temperature controlled trucking, regional delivery, and longhaul team driver delivery. The company is headquartered in Chattanooga, Tennessee and is publicly traded on Nasdaq (NASDAQ: CVLG). (formerly Covenant Transport, Inc.) is an American company focused on truckload shipping.
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