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Compare · CVLG vs ODFL

CVLG vs ODFL

Side-by-side comparison of Covenant Logistics Group Inc. (CVLG) and Old Dominion Freight Line Inc. (ODFL): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both CVLG and ODFL operate in Trucking Freight/Courier Services (Industrials), so they compete in similar markets.
  • ODFL is the larger of the two at $49.09B, about 140.1x CVLG ($350.4M).
  • Over the past year, CVLG is up 83.3% and ODFL is up 46.2% - CVLG leads by 37.1 points.
  • ODFL has been more active in the news (18 items in the past 4 weeks vs 17 for CVLG).
  • ODFL has more recent analyst coverage (25 ratings vs 8 for CVLG).
PerformanceCVLG+83.30%ODFL+46.20%
2025-06-04+0.00%2026-06-03
MetricCVLGODFL
Company
Covenant Logistics Group Inc.
Old Dominion Freight Line Inc.
Price
$42.14+0.54%
$236.11+3.12%
Market cap
$350.4M
$49.09B
1M return
+33.27%
+22.85%
1Y return
+83.30%
+46.20%
Industry
Trucking Freight/Courier Services
Trucking Freight/Courier Services
Exchange
NASDAQ
NASDAQ
IPO
1991
News (4w)
17
18
Recent ratings
8
25
CVLG

Covenant Logistics Group Inc.

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 to customers 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, 2020, it operated 2,461 tractors and 5,647 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.

ODFL

Old Dominion Freight Line Inc.

Old Dominion Freight Line, Inc. operates as a less-than-truckload (LTL) motor carrier in the United States and North America. It provides regional, inter-regional, and national LTL services, including expedited transportation. The company also offers various value-added services, such as container drayage, truckload brokerage, and supply chain consulting. It owns 9,288 tractors and 42 maintenance centers. As of August 3, 2021, it owned 248 service centers. Old Dominion Freight Line, Inc. was founded in 1934 and is based in Thomasville, North Carolina.

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