Key facts
- Founded 1986 · headquartered in Chattanooga, TN
- Publicly traded — NASDAQ: CVLG
- 30,000+ carriers in network
- FMCSA broker authority: ACTIVE (MC-197949)
- #63 on the Transport Topics Top 100 (2026)
- Gross revenue: $287M per Transport Topics 2026
About Covenant Logistics (brokerage)
Covenant Logistics Group is a publicly traded truckload carrier and freight broker headquartered in Chattanooga, Tennessee, founded in 1986. The company (NASDAQ: CVLG) operates Covenant Transport Solutions, its brokerage division, alongside its core asset-based truckload fleet. Covenant's brokerage operation ranks approximately 30th in Transport Topics' Top 100 Freight Brokerage Firms, with an estimated $550 million in gross brokerage revenue in 2024.
Covenant's brokerage is a carrier-broker hybrid: Covenant Transport Solutions draws on Covenant's own asset fleet for capacity supplementation, giving shippers access to additional coverage when third-party carrier availability tightens. The company is particularly known for temperature-controlled and refrigerated freight, with dedicated teams and deep carrier relationships for food and beverage shippers. Dry van, flatbed, intermodal, and cross-border Mexico and Canada service are also available through the brokerage.
Covenant's position in Chattanooga — a major Southeast distribution gateway on the I-75 corridor — gives it natural advantages for shippers moving freight between the Southeast, Midwest, and Texas. Dedicated contract transportation and managed transportation programs round out the service mix, making Covenant a viable option for shippers seeking a single provider for both asset-based and brokered capacity. Publicly traded status provides financial transparency and long-term stability that enterprise shippers often require.
Listing assembled from public records (FMCSA Li-Public, Transport Topics, company website). Are you Covenant Logistics (brokerage)? Claim this profile →
Load Types Transport Topics Top 100
FMCSA & Licensing FMCSA Li-Public
Coverage
All 48 contiguous states · Mexico · Canada
Strongest Lanes
Pros & Cons
- Carrier-backed brokerage — Covenant Transport asset fleet supplements third-party capacity in tight markets
- Strong temperature-controlled and reefer expertise — dedicated food and beverage shipper teams
- Publicly traded (NASDAQ: CVLG) — financial transparency and long-term stability
- Dedicated contract and managed transportation programs for full-outsourcing shippers
- Cross-border Mexico and Canada coverage with dedicated teams
- Brokerage authority may differ from carrier MC# — verify Covenant Transport Solutions broker authority at li-public.fmcsa.dot.gov
- Primarily Southeast and Midwest focused — less carrier density in Pacific Northwest and Mountain West
- Rates may reflect carrier-side margin expectations — less aggressive on spot pricing than pure digital brokers
- Technology platform is functional but not self-serve — limited instant quoting or digital-first tools
- Smaller brokerage scale than top-10 brokers — less leverage on non-core lanes or unusual freight types
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FAQ
Is Covenant Logistics licensed and bonded as a freight broker?
Covenant holds active carrier authority under USDOT 598139 / MC-197949. Brokerage runs through Covenant Transport Solutions, which may hold a separate broker MC# — verify current broker authority at li-public.fmcsa.dot.gov before tendering.
What types of freight does Covenant Logistics brokerage move?
Per Transport Topics 2026, Covenant's brokerage primarily handles dry van TL and refrigerated. LTL, flatbed, and intermodal are active; air/expedited is limited; bulk/tank and parcel are not offered. Cross-border Mexico and Canada available; food and beverage is a core specialty.
How competitive are Covenant Logistics brokerage rates?
Covenant's brokerage is competitive on Southeast, Midwest, and Texas reefer and dry van lanes where its carrier relationships are strongest. As a carrier-broker hybrid, spot pricing may be less aggressive than pure digital brokers. Use ShipperGuide to compare against 50+ brokers.