Covenant Logistics Group Inc - ESG Rating & Company Profile powered by AI
This Disclosure score covers 17 United Nations SDGs including: 'Quality Education', 'Sustainable Cities & Communities' and 'Peace, Justice & Strong Institutions'. Scroll down to the end of this page for potential risks for Covenant Logistics Group Inc based on sector, location and marketcap. Detailed Sustainability assessment of Covenant Logistics Group Inc are accessed by registering for free.
Covenant Logistics Group Inc in the Ground Freight & Logistics industry gained a UN SDG ESG Transparency Score of 6.9; made up of an environmental score of 6.9, social score of 6.9 and governance score of 6.9.
6.9
Medium ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Union Pacific Corp | 8.4 | High |
| 2 | CSX Corp | 8.3 | High |
| 19 | Asia-express Logistics Holdings Ltd | 7.1 | High |
| 20 | J B Hunt Transport Services Inc | 7.0 | High |
| 21 | Covenant Logistics Group Inc | 6.9 | High |
| 21 | Burlington Northern Santa Fe LLC | 6.9 | High |
| 21 | Stef SA | 6.9 | High |
| ... | ... | ... | |
| 172 | Wheels Group Inc | 0.0 | Low |
| 172 | Velocity Express Corp | 0.0 | Low |
| ... | ... | ... |
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Potential Risks for Covenant Logistics Group Inc
These potential risks are based on the size, segment and geographies of the company.
Covenant Logistics Group, Inc., together with its subsidiaries, provides transportation and logistics services in the United States. It operates through four segments: Expedited, Dedicated, Managed Freight, and Warehousing. The Expedited segment primarily provides truckload services with high service freight and delivery standards, such as 1,000 miles in 22 hours or 15-minute delivery windows. The Dedicated segment provides customers with committed truckload capacity over contracted periods using equipment either owned or leased by the company. The Managed Freight segment offers brokerage services, including logistics capacity by outsourcing the carriage of customers' freight to third parties; and transport management services, such as logistics services on a contractual basis to customers who prefer to outsource their logistics needs. The Warehousing segment provides day-to-day warehouse management services to customers. The segment also provides shuttle and switching services to shuttling containers and trailers. The company also engages in used equipment sales and leasing business. It serves transportation companies, such as parcel freight forwarders, less-than-truckload carriers, and third-party logistics providers; and traditional truckload customers, including manufacturers, retailers, and food and beverage shippers. As of December 31, 2021, it operated 2,291 tractors and 5,331 trailers. The company was formerly known as Covenant Transportation Group, Inc. and changed its name to Covenant Logistics Group, Inc. in July 2020. Covenant Logistics Group, Inc. was founded in 1986 and is based in Chattanooga, Tennessee.