We are not owned by Covenant. Earlier this year we had to make a decision on what to do with our brokerage authority. We made a strategic decision that we would be come an agent of a larger broker and after some research we settled on Covenant Solutions.
That opened discussion regarding expedite. Fast forward and they contracted with us to run their expedited division, Covenant Transport Solutions Expedited (we just call it Covenant Expedited).
Our focus right now is growing with Straight Trucks (we already have 3,800+ tractor power units under CTG). All units are run under the Covenant authority and not Farm2Fleet. Drivers for fleet owners are employees of Covenant (W-2 with workers comp, health insurance, 401k, vacation, etc.). True Owner Operators are 1099.
We are not leasing cargo vans or sprinters for Farm2Fleet or Covenant. At Farm2Fleet we are actually pulling back from that side and just working with a select group of drivers that we enjoy working with.
Hope that answers peoples questions. Trying to balance this post between being informative and not sounding like a recruiting pitch.