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Note 3 - Segment Information
 6 Months Ended
Jun. 30, 2012
Segment Reporting Disclosure [Text Block]
Note 3.   Segment Information

We have two reportable segments: Asset-Based Truckload Services ("Truckload") and Covenant Transport Solutions, Inc. ("Solutions").

The Truckload segment consists of three asset-based operating fleets that are aggregated because they have similar economic characteristics and meet the aggregation criteria.  The three operating fleets that comprise our Truckload segment are as follows: (i) Covenant Transport, Inc. ("Covenant Transport"), our historical flagship operation, which provides expedited long-haul, dedicated, and regional solo-driver service; (ii) Southern Refrigerated Transportation, Inc. ("SRT"), which provides primarily long-haul and regional temperature-controlled service; and (iii) Star Transportation, Inc. ("Star"), which provides regional solo-driver service.

The Solutions segment provides: (i) freight brokerage services directly and through freight brokerage agents who are paid a commission for the freight they provide; (ii) less-than-truckload consolidation services; and (iii) accounts receivable factoring.

"Unallocated Corporate Overhead" includes expenses that are incidental to our activities and are not specifically allocated to one of the segments.

The following tables summarize our segment information:

(in thousands)
 
Three months ended
June 30,
   
Six months ended
June 30,
 
   
2012
   
2011
   
2012
   
2011
 
Total Revenues:
                       
Truckload
  $ 163,798     $ 165,459     $ 316,175     $ 315,344  
Solutions
    7,503       7,406       12,157       13,912  
                                 
Total
  $ 171,301     $ 172,865     $ 328,332     $ 329,256  
                                 
Operating Income (Loss):
                               
Truckload
  $ 11,333     $ 12,124     $ 17,527     $ 15,273  
Solutions
    (152 )     251       (151 )     830  
Unallocated Corporate Overhead
    (122 )     (5,141 )     (3,960 )     (8,568 )
                                 
Total
  $ 11,059     $ 7,234     $ 13,416     $ 7,535