Covenant Transport, Chattanooga, TN, has purchased Harold Ives Trucking and Harold Ives Transportation, both based near Little Rock, AR.
The two Harold Ives companies generate $65 million in combined trucking and brokerage operations. The trucking company operates about 435 trucks, mostly company-owned, and 850 dry van trailers. This transaction makes for six companies that Covenant has acquired in the past two years.
"Harold Ives built the trucking and brokerage operations over the last 30 years with a strong commitment to his customers, drivers and carriers," said Covenant chairman, president and CEO David Parker. "We expect to continue the fine reputation that he and his employees enjoy."
Covenant expects the new business to contribute to its earnings within two quarters. All its previous acquisitions have contributed to earnings immediately, Parker said. The Ives operations had been modestly profitable in 1999.
Covenant Buys Harold Ives
Covenant Transport, Chattanooga, TN, has purchased Harold Ives Trucking and Harold Ives Transportation, both based near Little Rock, AR
More Drivers
Maverick Announces 2026 Driver Pay Raises
New raises for Maverick Transportation drivers will take effect on May 31, 2026.
Read More →
Illinois Trucker Indicted for Nearly $22,000 in Ohio Turnpike Toll Evasion
Authorities say an Illinois trucker avoided paying tolls for two years, and now faces felony charges, possible prison time, and forfeiture of his Freightliner tractor.
Read More →
New Trojan Driver Cargo Theft Scam Bypasses Carrier Vetting Systems
Cargo theft rings plant operatives as drivers inside legitimate, fully vetted carriers, then execute coordinated thefts that look like a traditional straight theft from the outside.
Read More →
WIM, Trucker Path Name Top 3 Women-Friendly Truck Stops
ATA’s Women In Motion Council and Trucker Path highlight three truck stops that meet all seven safety-focused criteria and rank highest among female drivers.
Read More →
FMCSA Extends Paper Medical Card Exemption … Again
Five states still aren't ready to accept commercial driver medical exam information directly from the medical examiner's registry.
Read More →
Mack Launches Digital Driver Guide for Chassis-Specific Truck Info
Mack’s new, virtual owner’s manual delivers VIN-based, on-demand guidance for vehicle systems via web, app, and soon in-cab displays.
Read More →
Western Star Showcases Truckers' Pride and Skill
Western Star is expanding its Star Nation Experience in 2026, adding new competitions and dealer participation to highlight operator skills and promote careers in trucking.
Read More →
Best Fleets to Drive For: Two Carriers Earn Overall Award for First Time
CarriersEdge announced the 2026 Best Fleets to Drive For overall winners, with Crawford Trucking, Fortigo Freight Services, and FTC Transportation receiving top awards.
Read More →
Federal Proposal Would Allow Pell Grants for Shorter-Term Job Training
The Department of Labor plans to expand Pell Grant eligibility to some shorter workforce training programs, a move the American Trucking Associations said will help strengthen commercial driver training schools and diesel technician training programs.
Read More →
Owner-Operator Model Gets Boost as DOL Proposes 2024 Independent Contractor Definition Reversal
For an industry that has watched this issue go back and forth for years, the independent contractor proposal marks the latest swing in the regulatory pendulum.
Read More →