Covenant Transportation Group, Inc. is a carrier for transportation companies, such as freights forwarders, less-than-truckload carriers, and third-party logistics providers that require a high level of service to support their businesses, as well as for traditional truckload customers, such as manufacturers, retailers, and food and beverage shippers. It also generates revenue through a subsidiary that provides freight brokerage services. The Company operates in two segments: Asset-Based Truckload Services (Truckload) and its Brokerage Services, also known as Covenant transports Solutions, Inc. (Solutions). The Truckload segment consists of three asset-based operating fleets. The Solutions segment provides freight brokerage service directly and through freight brokerage agents who are paid a commission for the freight they provide. The Company's primary customers include manufacturers and retailers. On May 31, 2011, it acquired a 49% interest in Transport Enterprise Leasing, LLC.
|Headquarters||400 Birmingham Hwy.|
CHATTANOOGA, TN, United States 37419
|Chairman of the Board, President and Chief Executive Officer||David Parker|
|Chief Financial Officer, Senior Vice President||Richard Cribbs|
|President of Star Transportation, Inc||James Brower|
|President of Southern Refrigerated Transport, Inc||Tony Smith|
|Chief Operating Officer, Senior Executive Vice President||Joey Hogan|
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|Shares Out.||14.8M||Book Value||$6.41|
|Annual Dividend Rate||$0.00||Price/Sales (TTM)||0.1|
|Ex-Div Date||1/1/01||P/Cash Flow (TTM)||1.4x|
|Pay Date||1/1/01||Operating Margin||2.95%|
*GAAP = prior to non-GAAP analyst adjusted earnings.