Compare · CVLG vs SAIA
CVLG vs SAIA
Side-by-side comparison of Covenant Logistics Group Inc. (CVLG) and Saia Inc. (SAIA): market cap, price performance, sector, and recent activity on the wire.
Summary
- Both CVLG and SAIA operate in Trucking Freight/Courier Services (Industrials), so they compete in similar markets.
- SAIA is the larger of the two at $11.30B, about 32.2x CVLG ($350.4M).
- Over the past year, CVLG is up 79.4% and SAIA is up 31.0% - CVLG leads by 48.4 points.
- CVLG has been more active in the news (5 items in the past 4 weeks vs 2 for SAIA).
- SAIA has more recent analyst coverage (25 ratings vs 9 for CVLG).
- Company
- Covenant Logistics Group Inc.
- Saia Inc.
- Price
- $46.64-3.22%
- $424.11-0.61%
- Market cap
- $350.4M
- $11.30B
- 1M return
- +8.87%
- -0.99%
- 1Y return
- +79.35%
- +31.00%
- Industry
- Trucking Freight/Courier Services
- Trucking Freight/Courier Services
- Exchange
- NASDAQ
- NASDAQ
- IPO
- News (4w)
- 5
- 2
- Recent ratings
- 9
- 25
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.
Saia Inc.
Saia, Inc., through its subsidiaries, operates as a transportation company in North America. The company provides less-than-truckload services for shipments between 100 and 10,000 pounds; and other value-added services, including non-asset truckload, expedited, and logistics services. As of December 31, 2020, it operated 174 owned and leased facilities; and owned approximately 5,700 tractors and 17,400 trailers. The company was formerly known as SCS Transportation, Inc. and changed its name to Saia, Inc. in July 2006. Saia, Inc. was founded in 1924 and is headquartered in Johns Creek, Georgia.
Latest CVLG
- Citizens initiated coverage on Covenant Logistics with a new price target
- EVP, Chief People & Safety Off Ballard Joey covered exercise/tax liability with 1,970 shares and converted options into 5,006 shares, increasing direct ownership by 23% to 16,185 units (SEC Form 4) to satisfy tax liability
- EVP and COO Koehl Dustin converted options into 6,073 shares and covered exercise/tax liability with 1,480 shares, increasing direct ownership by 215% to 6,726 units (SEC Form 4) (withholding tax)
- President Bunn Paul converted options into 14,280 shares and covered exercise/tax liability with 6,332 shares, increasing direct ownership by 4% to 206,841 units (SEC Form 4) to cover withholding tax
- EVP and CFO Grant James S Iii converted options into 7,139 shares and covered exercise/tax liability with 2,810 shares, increasing direct ownership by 9% to 50,608 units (SEC Form 4) (for withholding tax)
- Covenant Logistics Group, Inc. Announces Timing of Second Quarter Earnings Release and Conference Call
- SEC Form 11-K filed by Covenant Logistics Group Inc.
- Covenant Logistics Group Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement
- EVP, Chief People & Safety Off Ballard Joey sold $160,587 worth of shares (4,000 units at $40.15) as part of a pre-agreed trading plan, decreasing direct ownership by 23% to 13,149 units (SEC Form 4)
- EVP and CFO Grant James S Iii exercised 35,794 shares at a strike of $7.88 and covered exercise/tax liability with 10,430 shares, increasing direct ownership by 121% to 46,279 units (SEC Form 4)
Latest SAIA
- Saia upgraded by BofA Securities with a new price target
- Saia upgraded by Citigroup with a new price target
- Saia Sponsors Christopher Bell’s Patriotic No. 20 Toyota at Chicagoland Speedway
- Saia upgraded by Evercore ISI
- Saia to Announce Second Quarter 2026 Results on July 30, 2026
- Saia Launches REV Initiative to Advance Speed, Visibility and the Customer Experience
- Saia Expands Midwest Network with New Facilities in Minnesota and Missouri
- Saia downgraded by Citigroup with a new price target
- Saia Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
- EVP & CHRO Norwood Anthony R sold $136,881 worth of shares (292 units at $468.77), decreasing direct ownership by 6% to 4,894 units (SEC Form 4)