<SEC-DOCUMENT>0001008886-20-000062.txt : 20200423
<SEC-HEADER>0001008886-20-000062.hdr.sgml : 20200423
<ACCEPTANCE-DATETIME>20200423171819
ACCESSION NUMBER:		0001008886-20-000062
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20200417
ITEM INFORMATION:		Cost Associated with Exit or Disposal Activities
ITEM INFORMATION:		Changes in Registrant's Certifying Accountant
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200423
DATE AS OF CHANGE:		20200423

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COVENANT TRANSPORTATION GROUP INC
		CENTRAL INDEX KEY:			0000928658
		STANDARD INDUSTRIAL CLASSIFICATION:	TRUCKING (NO LOCAL) [4213]
		IRS NUMBER:				880320154
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-24960
		FILM NUMBER:		20811872

	BUSINESS ADDRESS:	
		STREET 1:		400 BIRMINGHAM HIGHWAY
		CITY:			CHATTANOOGA
		STATE:			TN
		ZIP:			37419
		BUSINESS PHONE:		4238211212

	MAIL ADDRESS:	
		STREET 1:		400 BIRMINGHAM HIGHWAY
		CITY:			CHATTANOOGA
		STATE:			TN
		ZIP:			37419

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	COVENANT TRANSPORT INC
		DATE OF NAME CHANGE:	19940818
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
<DESCRIPTION>FORM 8-K (AUDITOR CHANGE AND TEXARKANA CLOSURE)
<TEXT>
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        <div style="text-align: center; font-size: 18pt; font-weight: bold;">UNITED STATES</div>
        <div style="text-align: center; font-size: 18pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
        <div style="text-align: center; font-size: 12pt;">Washington, D.C.&#160;20549</div>
        <div style="text-align: center; font-weight: bold;">_____________________________________________________________________________</div>
        <div><br>
        </div>
        <div style="text-align: center; font-size: 18pt; font-weight: bold;">FORM 8-K</div>
        <div><br>
        </div>
        <div style="text-align: center; font-size: 12pt; font-weight: bold;">CURRENT REPORT</div>
        <div style="text-align: center; font-size: 12pt; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>
        <div><br>
        </div>
        <div style="text-align: center; font-size: 12pt;">Date of Report (Date of earliest event reported):</div>
        <div style="text-align: center; font-size: 12pt;">April 17, 2020</div>
        <div style="text-align: center; font-weight: bold;">_______________________________________________________________________________</div>
        <div style="text-align: center;"><img src="cvtilogo.jpg"></div>
        <div style="text-align: center; font-size: 18pt; font-weight: bold;">COVENANT TRANSPORTATION GROUP, INC.</div>
        <div style="text-align: center;">(Exact name of registrant as specified in its charter)</div>
        <div><br>
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                <div style="text-align: center;">Nevada</div>
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                <div style="text-align: center;">000-24960</div>
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                <div style="text-align: center;">88-0320154</div>
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              <td style="width: 35.67%; vertical-align: bottom;">
                <div style="text-align: center;">(State or other jurisdiction</div>
                <div style="text-align: center;">of incorporation)</div>
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              <td style="width: 28.66%; vertical-align: bottom;">
                <div style="text-align: center;">(Commission</div>
                <div style="text-align: center;">File Number)</div>
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              <td style="width: 35.67%; vertical-align: bottom;">
                <div style="text-align: center;">(IRS Employer</div>
                <div style="text-align: center;">&#160;&#160;Identification No.)</div>
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                <div style="text-align: center;">400 Birmingham Hwy., Chattanooga, TN</div>
              </td>
              <td style="width: 48.1%; vertical-align: bottom;">
                <div style="text-align: center;">37419</div>
              </td>
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                <div style="text-align: center;">(Address of principal executive offices)</div>
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                <div style="text-align: center;">(Zip Code)</div>
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      <div>
        <div style="text-align: center; line-height: 1.00;">(423) 821-1212</div>
        <div style="text-align: center; line-height: 1.00;">(Registrant's telephone number, including area code)</div>
        <div style="line-height: 1.00;"><br style="line-height: 1.00;">
        </div>
        <div style="line-height: 1.00;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</div>
        <div style="line-height: 1.00;">
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            <div style="line-height: 1.00;"> <br>
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                      <div style="text-align: center; line-height: 1;">[&#160;&#160;&#160;]</div>
                    </td>
                    <td style="WIDTH: 89.68%; VERTICAL-ALIGN: bottom">
                      <div style="text-align: left; line-height: 1;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
                    </td>
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                      <div style="text-align: left; line-height: 1;">&#160;</div>
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                      <div style="text-align: left; line-height: 1;">&#160;</div>
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                      <div style="text-align: center; line-height: 1;">[&#160;&#160;&#160;]</div>
                    </td>
                    <td style="WIDTH: 89.68%; VERTICAL-ALIGN: bottom">
                      <div style="text-align: left; line-height: 1;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
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                      <div style="text-align: center; line-height: 1;">[&#160;&#160;&#160;]</div>
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                    <td style="WIDTH: 89.68%; VERTICAL-ALIGN: bottom">
                      <div style="text-align: left; line-height: 1;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
                    </td>
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                      <div style="text-align: left; line-height: 1;">&#160;</div>
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                      <div style="text-align: center; line-height: 1;">[&#160;&#160;&#160;]</div>
                    </td>
                    <td style="WIDTH: 89.68%; VERTICAL-ALIGN: bottom">
                      <div style="text-align: left; line-height: 1;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
                    </td>
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            <div>&#160;</div>
            <div>
              <div>Securities registered pursuant to Section 12(b) of the Act:</div>
              <div>&#160;</div>
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                        <div style="TEXT-ALIGN: center">Title of each class</div>
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                      <td style="BORDER-TOP: #000000 1px solid; WIDTH: 33.33%; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; BORDER-LEFT: #000000 1px solid">Trading Symbol(s)</td>
                      <td style="BORDER-TOP: #000000 1px solid; BORDER-RIGHT: #000000 1px solid; WIDTH: 33.33%; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; BORDER-LEFT: #000000 1px solid">Name of each exchange on which registered</td>
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                      <td style="WIDTH: 33.33%; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; BORDER-LEFT: #000000 1px solid">$0.01 Par Value Class A common stock</td>
                      <td style="WIDTH: 33.33%; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; BORDER-LEFT: #000000 1px solid">CVTI</td>
                      <td style="BORDER-RIGHT: #000000 1px solid; WIDTH: 33.33%; BORDER-BOTTOM: #000000 1px solid; TEXT-ALIGN: center; BORDER-LEFT: #000000 1px solid">The NASDAQ Global Select Market</td>
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              <div>&#160;</div>
              <div>Indicate by check mark whether that registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this
                chapter).</div>
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                      <td style="WIDTH: 10.32%; VERTICAL-ALIGN: bottom">&#160;</td>
                      <td style="WIDTH: 89.68%; VERTICAL-ALIGN: bottom">&#160;</td>
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                      <td style="WIDTH: 10.32%; VERTICAL-ALIGN: top">&#160;</td>
                      <td style="WIDTH: 89.68%; VERTICAL-ALIGN: bottom">
                        <div style="text-align: right; line-height: 1; text-indent: 332.8pt;">Emerging growth company&#160; [&#160;&#160;&#160;]</div>
                      </td>
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                      <td style="WIDTH: 10.32%; VERTICAL-ALIGN: bottom">&#160;</td>
                      <td style="WIDTH: 89.68%; VERTICAL-ALIGN: bottom">&#160;</td>
                    </tr>
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                      <td colspan="2" style="WIDTH: 100%; VERTICAL-ALIGN: top">
                        <div style="text-align: justify; line-height: 1;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
                          accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#160;&#160; [&#160;&#160;&#160;]</div>
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          <div style="line-height: 1.00;">&#160;</div>
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            <div style="line-height: 1.00; font-weight: bold;">Item 2.05</div>
          </td>
          <td style="width: 84.52%; vertical-align: top;">
            <div style="line-height: 1.00; font-weight: bold;">Costs Associated with Exit or Disposal Activities</div>
          </td>
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          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td style="width: 84.52%; vertical-align: top;">
            <div style="line-height: 1.00;"><font style="line-height: 1.00;">&#160;</font></div>
            <div style="text-align: justify; line-height: 1.00;">
              <div>On April 17, 2020, Covenant Transportation Group, Inc., a Nevada corporation and subsidiaries (the &#8220;Company&#8221;), communicated the closure of its Texarkana terminal to potentially affected employees. The Texarkana terminal houses the
                operations of Southern Refrigerated Transport, Inc. and the closure involves the permanent workforce reduction of approximately 150 support staff teammates.</div>
              <div style="line-height: 1.00;"><br style="line-height: 1.00;">
              </div>
              <div style="line-height: 1; margin-bottom: 10pt; font-family: 'Times New Roman',Times,serif;">The Company expects the terminal closure to be substantially complete in the second quarter of 2020. The Company expects to incur an immaterial
                amount of one-time employee benefit termination costs in connection with the terminal closure. The Company is currently unable in good faith to make a determination of an estimate of the amount or range of any other amounts expected to be
                incurred in connection with these the terminal closure, both with respect to each major type of cost associated therewith and with respect to the total cost, or an estimate of the amount or range of amounts that will result in future cash
                expenditures. The Company will file an amendment to this Current Report on Form 8-K after it determines such estimate or range of estimates, if such estimates are material.</div>
            </div>
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          <td style="width: 15.48%; vertical-align: top; font-weight: bold;">Item 4.01</td>
          <td style="width: 84.52%; vertical-align: top; font-weight: bold;">Changes in Registrant&#8217;s Certifying Accountant</td>
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        <tr>
          <td style="width: 15.48%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 84.52%; vertical-align: top;" rowspan="1">&#160;</td>
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        <tr>
          <td style="width: 15.48%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 84.52%; vertical-align: top;" rowspan="1">
            <div style="text-align: justify; line-height: 1.00;">(a) Dismissal of Independent Registered Public Accounting Firm</div>
            <div style="line-height: 1.00;"><font style="line-height: 1.00;">&#160;</font></div>
            <div style="text-align: justify; line-height: 1.00;">On April 17, 2020, the Audit Committee of the Board of Directors (the &#8220;Audit Committee&#8221;) of the Company, made the decision to change the Company&#8217;s independent registered public accounting
              firm and the Company dismissed KPMG LLP (&#8220;KPMG&#8221;) as its independent registered public accounting firm.</div>
            <div style="line-height: 1.00;"><font style="line-height: 1.00;">&#160;</font></div>
            <div style="text-align: justify; line-height: 1.00;">The audit reports of KPMG on the Company's consolidated financial statements as of and for the years ended December 31, 2019 and 2018 did not contain an adverse opinion or disclaimer of
              opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles, except as follows:</div>
            <div style="line-height: 1.00;"><font style="line-height: 1.00;">&#160;</font></div>
            <div style="text-align: justify; text-indent: -9pt; margin-left: 18pt;">&#8226;&#160; The audit report of KPMG on the consolidated financial statements of the Company as of and for the year ended December 31, 2019 contained a paragraph stating that &#8220;As
              discussed in Note 1 to the consolidated financial statements, the Company has changed its method of accounting for leases as of January 1, 2019 due to the adoption of ASU 2016-02, Leases, and subsequently issued additional ASUs amending this
              ASU (collectively ASC 842, Leases).&#8221;</div>
            <div style="line-height: 1.00;"><font style="line-height: 1.00;">&#160;</font></div>
            <div style="text-align: justify; line-height: 1.00;">The audit reports of KPMG on the effectiveness of internal control over financial reporting as of and for the years ended December 31, 2019 and 2018 did not contain an adverse opinion or
              disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles, except that KPMG&#8217;s report indicates that the Company did not maintain effective internal control over financial reporting as
              of December 31, 2018 because of the effect of a material weakness described in the following paragraph.</div>
            <div style="line-height: 1.00;"><font style="line-height: 1.00;">&#160;</font></div>
            <div style="text-align: justify; line-height: 1.00;">During the two fiscal years ended December 31, 2019 and 2018, and from January 1, 2020 through March 10, 2020, there were no &#8220;disagreements&#8221; (as defined in Item 304(a)(1)(iv) of Regulation
              S-K and related instructions) with KPMG on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of KPMG, would have caused
              KPMG to make reference in connection with their opinion to the subject matter of the disagreement. During the years ended December 31, 2019 and 2018, and from January 1, 2020 through April 17, 2020, there have been no &#8220;reportable events&#8221; (as
              defined in Regulation S-K Item 304(a)(1)(v)); except for a material weakness in internal control over financial reporting identified during the audit for the year ended December 31, 2018 related to the design and maintenance of effective
              program change management controls over certain information technology (&#8220;IT&#8221;) operating systems, databases and IT applications that support the Company&#8217;s financial reporting processes. This material weakness was disclosed in Item 9A of the
              Company&#8217;s Annual Report on Form 10-K for the year ended December 31, 2018 and was disclosed by the Company as remediated in Item 9A of the Company&#8217;s Annual Report on Form 10-K for the year ended December 31, 2019.</div>
            <div style="line-height: 1.00;"><font style="line-height: 1.00;">&#160;</font></div>
            <div style="text-align: justify; line-height: 1.00;">The Company has requested that KPMG furnish a letter addressed to the Securities and Exchange Commission, pursuant to Item 304(a)(3) of Regulation S-K, stating whether or not KPMG agrees with
              the statements related to them made by the Company in this report. A copy of KPMG&#8217;s letter, dated April 23, 2020, is attached as Exhibit 16 to this report.</div>
            <div style="line-height: 1.00;"><font style="line-height: 1.00;">&#160;</font></div>
            <div style="text-align: justify; line-height: 1.00;">(b) Newly Engaged Independent Registered Public Accounting Firm</div>
            <div style="text-align: justify; line-height: 1.00;"> <br>
            </div>
            <div style="text-align: justify; line-height: 1.00;">On April 17, 2020, the Audit Committee made the decision to engage Grant Thornton LLP (&#8220;GT&#8221;) as the Company's independent registered public accounting firm, effective immediately, to perform
              independent audit services for the fiscal year ending December 31, 2020. During the fiscal years ended December 31, 2019 or 2018, and from January 1, 2020 through April 17, 2020, neither the Company nor anyone on its behalf consulted GT
              regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered with respect to the consolidated financial statements of the Company,
              and no written report or oral advice was provided to the Company by GT that was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was the
              subject of a &#8220;disagreement&#8221; (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a &#8220;reportable event&#8221; (as that term is defined in Item 304(a)(1)(v) of Regulation S-K). </div>
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          <td style="width: 15.48%; vertical-align: top;" rowspan="1">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;" rowspan="1">&#160;</td>
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          <td style="width: 15.48%; vertical-align: top;">
            <div style="line-height: 1.00; font-weight: bold;">Item 7.01</div>
          </td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">
            <div style="line-height: 1.00; font-weight: bold;">Regulation FD Disclosure.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">
            <div style="text-align: justify; line-height: 1.00;">On April 20, 2020, the Company issued a press release announcing the closure of its Texarkana terminal and providing a liquidity update.</div>
            <div style="line-height: 1.00;"><font style="line-height: 1.00;">&#160;</font></div>
            <div style="line-height: 1.00;">A copy of the press release is attached to this report as Exhibit 99.</div>
          </td>
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          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">&#160;</td>
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          <td style="width: 15.48%; vertical-align: top;">
            <div style="line-height: 1.00; font-weight: bold;">Item 9.01</div>
          </td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">
            <div style="line-height: 1.00; font-weight: bold;">Financial Statements and Exhibits.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td style="width: 15.48%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.00; font-weight: bold;">(d)</div>
          </td>
          <td style="width: 69.04%; vertical-align: top;">
            <div style="line-height: 1.00; font-weight: bold;">Exhibits.</div>
          </td>
        </tr>
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          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">&#160;</td>
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          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td style="width: 15.48%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.00;">EXHIBIT</div>
            <div style="text-align: center; line-height: 1.00;"><u>NUMBER</u></div>
          </td>
          <td style="width: 69.04%; vertical-align: bottom;">
            <div style="line-height: 1.00;"><u>EXHIBIT DESCRIPTION</u></div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">&#160;</td>
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        <tr>
          <td style="width: 15.48%; vertical-align: top;" rowspan="1">&#160;</td>
          <td style="width: 15.48%; vertical-align: top; text-align: center;" rowspan="1"><a href="exhibit16.htm">16</a></td>
          <td style="width: 69.04%; vertical-align: top;" rowspan="1">Letter dated April 23, 2020 to the Securities and Exchange Commission from KPMG LLP.</td>
        </tr>
        <tr>
          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td style="width: 15.48%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.00;"><a href="exhibit99.htm">99</a></div>
          </td>
          <td style="width: 69.04%; vertical-align: top;">
            <div style="text-align: justify; line-height: 1.00;">Covenant Transportation Group, Inc. press release announcing the closure of its Texarkana terminal and providing a liquidity update.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.48%; vertical-align: top;" rowspan="1">&#160;</td>
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        </tr>
        <tr>
          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">
            <div style="text-align: justify; line-height: 1.00;">The information contained in Items 7.01 and 9.01 of this report and the exhibit hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as
              amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.48%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 84.52%; vertical-align: top;">
            <div style="text-align: justify; line-height: 1.00; font-style: italic;">The information in Item 2.05, 7.01, and 9.01 of this report may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section
              21E of the Exchange Act and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended.&#160; Such statements are made based on the current beliefs and expectations
              of the Company's management and are subject to significant risks and uncertainties.&#160; Actual results or events may differ from those anticipated by forward-looking statements.&#160; Please refer to the stockholder reports and filings with the
              Securities and Exchange Commission for information concerning risks, uncertainties, and other factors that may affect future results.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="text-align: center; line-height: 1.00; font-weight: bold;">SIGNATURE</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="text-align: justify; text-indent: 24pt; line-height: 1.00;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly
      authorized.</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
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        <tr>
          <td style="width: 38.36%; vertical-align: bottom;">&#160;</td>
          <td colspan="2" style="width: 61.64%; vertical-align: bottom;">
            <div style="line-height: 1.00; font-weight: bold;">COVENANT TRANSPORTATION GROUP, INC.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.36%; vertical-align: bottom;">&#160;</td>
          <td style="width: 13.86%; vertical-align: bottom;">
            <div style="line-height: 1.00; font-style: italic;">(Registrant)</div>
          </td>
          <td style="width: 47.78%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 38.36%; vertical-align: bottom;">&#160;</td>
          <td style="width: 13.86%; vertical-align: bottom;">&#160;</td>
          <td style="width: 47.78%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 38.36%; vertical-align: bottom;">
            <div style="line-height: 1.00;">Date: April 23, 2020</div>
          </td>
          <td style="width: 13.86%; vertical-align: bottom;">
            <div style="line-height: 1.00;">By:</div>
          </td>
          <td style="width: 47.78%; vertical-align: bottom; border-bottom: #000000 1px solid;">
            <div style="line-height: 1.00;">/s/ Richard B. Cribbs</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.36%; vertical-align: bottom;">&#160;</td>
          <td style="width: 13.86%; vertical-align: bottom;">&#160;</td>
          <td style="width: 47.78%; vertical-align: bottom; border-top: #000000 1px solid;">
            <div style="line-height: 1.00;">Richard B. Cribbs</div>
          </td>
        </tr>
        <tr>
          <td style="width: 38.36%; vertical-align: bottom;">&#160;</td>
          <td style="width: 13.86%; vertical-align: bottom;">&#160;</td>
          <td style="width: 47.78%; vertical-align: bottom;">
            <div style="line-height: 1.00;">Executive Vice President and Chief Financial Officer</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.00; margin-bottom: 10pt;"><br style="line-height: 1.00;">
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
  </div>
  <div>
    <div style="text-align: center; line-height: 1.00; font-weight: bold;">EXHIBIT INDEX</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <table cellspacing="0" cellpadding="0" id="z9005e644624e4fa0a42dbaaf61e98e7b" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">

        <tr>
          <td style="width: 15.8%; vertical-align: bottom;">
            <div style="text-align: center; line-height: 1.00; font-weight: bold;">EXHIBIT</div>
            <div style="text-align: center; line-height: 1.00; font-weight: bold;"><u>NUMBER</u></div>
          </td>
          <td style="width: 84.2%; vertical-align: bottom;">
            <div style="line-height: 1.00; font-weight: bold;"><u>EXHIBIT DESCRIPTION</u></div>
          </td>
        </tr>
        <tr>
          <td style="width: 15.8%; vertical-align: bottom;">&#160;</td>
          <td style="width: 84.2%; vertical-align: bottom;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 15.8%; vertical-align: top; text-align: center;" rowspan="1"><a href="exhibit16.htm">16</a></td>
          <td style="width: 84.2%; vertical-align: top;" rowspan="1">Letter dated April 23, 2020 to the Securities and Exchange Commission from KPMG LLP.</td>
        </tr>
        <tr>
          <td style="width: 15.8%; vertical-align: top;">
            <div style="text-align: center; line-height: 1.00;"><a href="exhibit99.htm">99</a></div>
          </td>
          <td style="width: 84.2%; vertical-align: top;">
            <div style="text-align: justify; line-height: 1.00;">Covenant Transportation Group, Inc. press release announcing the closure of its Texarkana terminal and providing a liquidity update.</div>
          </td>
        </tr>

    </table>
    <div style="line-height: 1.00;">
      <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; border-collapse: collapse; text-align: left; color: #000000;">
      </table>
    </div>
    <div style="line-height: 1.00; margin-bottom: 10pt;"><br>
    </div>
  </div>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-16
<SEQUENCE>2
<FILENAME>exhibit16.htm
<DESCRIPTION>EXHIBIT 16 (KPMG LLP LETTER TO THE SEC)
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Scudder Law Firm
         Document created using EDGARfilings PROfile 6.5.1.0
         Copyright 1995 - 2020 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
  <div><br>
  </div>
  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 16</font><br>
  </div>
  <div> <br>
  </div>
  <div>
    <div style="line-height: 1.00;">April 23, 2020</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="line-height: 1.00;">Securities and Exchange Commission</div>
    <div style="line-height: 1.00;">Washington, D.C. 20549</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="line-height: 1.00;">Ladies and Gentlemen:</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="text-align: justify; line-height: 1.00;">We were previously principal accountants for Covenant Transportation Group, Inc. (the &#8220;Company&#8221;) and, under the date of March 9, 2020,
      we reported on the consolidated financial statements of the Company as of and for the years ended December 31, 2019 and 2018 and the effectiveness of internal control over financial reporting as of December 31, 2019. On April 17, 2020, we were
      dismissed. We have read the Company&#8217;s statements included under Item 4.01 of its Form 8-K dated April 23, 2020, and we agree with such statements, except that we are not in a position to agree or disagree with the Company&#8217;s statement that the change
      was approved by the Audit Committee of the Board of Directors and we are not in a position to agree or disagree with the Company&#8217;s statements in Item 4.01(b).</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="line-height: 1.00;">Very truly yours,</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="line-height: 1.00;">/s/ KPMG LLP</div>
  </div>
  <div> <br>
  </div>
  <div style="text-align: center;"><a href="form8k.htm">Back to Form 8-K</a><br>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>exhibit99.htm
<DESCRIPTION>EXHIBIT 99 (PRESS RELEASE FOR TEXARKANA CLOSURE)
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Scudder Law Firm
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<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <hr align="center" style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;"></div>
  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99 </font><br>
  </div>
  <div><br>
  </div>
  <div>
    <div style="text-align: center; line-height: 1.00; font-size: 12pt; font-weight: bold;">COVENANT TRANSPORTATION GROUP ANNOUNCES TEXARKANA TERMINAL CLOSURE AND PROVIDES LIQUIDITY UPDATE</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="text-align: justify; line-height: 1.00; font-size: 12pt;"><font style="font-weight: bold;">CHATTANOOGA, TENNESSEE</font> &#8211; April 20, 2020 - Covenant Transportation Group, Inc.&#160; (NASDAQ/GS: CVTI) (&#8220;CTG&#8221;) today announced its plans for closing
      its Texarkana, Arkansas terminal and an update on liquidity as of March 31, 2020.</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="line-height: 1.00; font-size: 12pt; font-weight: bold;">Texarkana Facility</div>
    <div style="line-height: 1; font-size: 12pt; text-align: justify;">Chairman and Chief Executive Officer, David R. Parker, commented: &#8220;Beginning May 1, 2020, CTG plans to wind down operations at the Texarkana, Arkansas terminal, which had primarily
      served as the operating center for solo-driven refrigerated service. CTG is continuing to provide its high-quality solo-driven refrigerated service. The terminal closure is expected to result in a permanent workforce reduction of approximately 150
      support staff teammates, who will be provided severance and healthcare insurance support. This action, while regrettable and extremely painful to many in our enterprise and especially to those directly impacted, is necessary to focus our staffing and
      capital towards our targeted business units and to lower overhead costs. We plan to transfer all professional truck drivers and non-driving functions to our Chattanooga, Nashville, or Greeneville, Tennessee, locations.&#160; The enterprise has detailed
      plans in place with the objective of continuing to deliver outstanding service for our customers and support our professional driving force from these locations.&#8221;</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="line-height: 1.00; font-size: 12pt; font-weight: bold;">Liquidity Update</div>
    <div style="text-align: justify; line-height: 1.00; font-size: 12pt;">Mr. Parker continued: &#8220;We have a strong balance sheet and ample liquidity. At March 31, 2020, CTG had approximately $75.3 million in liquidity (cash and cash equivalents plus
      available borrowings under its revolving line of credit). Other potential flexible sources of liquidity include over $30 million in net book value of unencumbered owned revenue equipment and over $105 million in net book value of accounts receivable
      attributable to our factoring business that are not currently included in the borrowing base of our revolving credit facility. <font style="background-color: #FFFFFF;">Our revolving credit facility contains a fixed charge coverage ratio covenant
        that will only apply in the event that available borrowing capacity is below a certain threshold. Based on availability as of March 31, 2020, there was no fixed charge coverage requirement and we do not expect to be required to test our fixed
        charge covenant in the foreseeable future.&#8221;</font></div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="text-align: justify; line-height: 1.00; font-size: 12pt;">Covenant Transportation Group, Inc. is the holding company for several transportation providers that offer premium transportation services for customers throughout the United States.
      The consolidated group includes operations from Covenant Transport and Covenant Transport Solutions of Chattanooga, Tennessee; Southern Refrigerated Transport of Texarkana, Arkansas; Landair Transport and Landair Logistics of Greeneville, Tennessee;
      and Star Transportation of Nashville, Tennessee.&#160; In addition, Transport Enterprise Leasing, of Chattanooga, Tennessee is an integral affiliated company providing revenue equipment sales and leasing services to the trucking industry. The Company's
      Class A common stock is traded on the NASDAQ Global Select market under the symbol, &#8220;CVTI&#8221;.</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="text-align: justify; line-height: 1.00; font-style: italic;">This press release contains certain statements that may be considered forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and
      Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are subject to the safe harbor created by those sections and the Private Securities Litigation Reform Act of 1995, as amended. &#160;Such statements may be identified by
      their use of terms or phrases such as "expects," "estimates," "projects," "believes," "anticipates," "plans," "intends," &#8220;outlook,&#8221; &#8220;focus,&#8221; &#8220;seek,&#8221; &#8220;potential,&#8221; &#8220;continue,&#8221; &#8220;goal,&#8221; &#8220;target,&#8221; &#8220;objective,&#8221; derivations thereof, and similar terms and
      phrases. &#160;Forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, which could cause future events and
      actual results to differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. &#160;<a name="z_Hlk22635438"></a>In this press release, the statements relating to expectations for the Texarkana closure and
      related impact, plans, and objectives, as well as our expectations for testing our fixed charge covenant are forward-looking statements. The following factors, among others could cause actual results to differ materially from those in the
      forward-looking statements: elevated experience in the frequency and severity of claims relating to accident, cargo, workers' compensation, health, and other claims, increased insurance premiums, higher self-insured retentions, reduced insurance
      coverage, fluctuations in claims expenses that result from our self-insured retention amounts, including in our excess layers and in respect of claims for which we commute policy coverage, and the requirement that we pay additional premiums if there
      are claims in certain of those layers, differences between estimates used in establishing and adjusting claims reserves and actual results over time, adverse changes in claims experience and loss development factors, or additional changes in
      management's estimates of liability based upon such experience and development factors that cause our expectations of insurance and claims expense to be inaccurate or otherwise impacts our results; government regulations imposed on our captive
      insurance companies; changes in the market condition for used revenue equipment and real estate that impact our capital expenditures and our ability to dispose of revenue equipment and real estate on the schedule and for the prices we expect;
      increases in the prices paid for new revenue equipment that impact our capital expenditures and our results generally; changes in management&#8217;s estimates of the need for new tractors and trailers; the effect of any reduction in tractor purchases on
      the number of tractors that will be accepted by manufacturers under tradeback arrangements; our inability to generate sufficient cash from operations and obtain financing on favorable terms to meet our significant ongoing capital requirements; our
      ability to respond to changes in our industry or business in light of our substantial indebtedness and lease obligations; our ability to sustain or increase profitability in the future; the risks related to our Factoring segment; our ability to
      maintain compliance with the provisions of our credit agreements, particularly financial covenants in our revolving credit facility; excess tractor or trailer capacity in the trucking industry; &#160;decreased demand for our services or loss of one or
      more of our major customers; our ability to renew dedicated service offering contracts on the terms and schedule we expect; surplus inventories, recessionary economic cycles, and downturns in customers' business cycles; strikes, work slowdowns, or
      work stoppages at the Company, customers, ports, or other shipping related facilities; increases or rapid fluctuations in fuel prices, as well as fluctuations in hedging activities and surcharge collection, including, but not limited to, changes in
      customer fuel surcharge policies and increases in fuel surcharge bases by customers; the volume and terms of diesel purchase commitments and hedging contracts; &#160;interest rates, fuel taxes, tolls, and license and registration fees; increases in
      compensation for and difficulty in attracting and retaining qualified drivers and independent contractors; our ability to retain our key employees; the risks associated with engaging independent contractors to provide a portion of our capacity;
      seasonal factors such as harsh weather conditions that increase operating costs; competition from trucking, rail, and intermodal competitors; our dependence on third-party providers, particularly in our Managed Freight segment; regulatory
      requirements that increase costs, decrease efficiency, or impact the availability or effective driving time of our drivers and other drivers in the industry, including the terms and exemptions from hours-of-service and electronic log requirements for
      drivers and the Federal Motor Carrier Safety Administration&#8217;s Compliance, Safety, Accountability program applicable to driver standards and the methodology for determining a carrier&#8217;s Department of Transportation safety rating; the proper functioning
      and availability of our management information and communication systems and other information technology assets; volatility of our stock price; our ability to maintain effective internal controls without material weaknesses; impairment of goodwill
      and other intangible assets; future outcomes of litigation; uncertainties in the interpretation of the 2017 Tax Cuts and Jobs Act and other tax laws; the ability to reduce, or control increases in, operating costs; changes in the Company&#8217;s business
      strategy that require the acquisition of new businesses, the disposition of businesses, and the ability to identify acceptable acquisition candidates and appropriate assets or businesses to be disposed, consummate acquisitions and dispositions, and
      integrate acquired operations; our ability to achieve our strategic plan; fluctuations in the results of Transport Enterprise Leasing, which are included as equity in income (loss) of affiliate in our financial statements; our Chairman of the Board
      and Chief Executive Officer and his wife control a large portion of our stock and have substantial control over us, which could limit other stockholders' ability to influence the outcome of key transactions, including changes of control; changes in
      methods of determining LIBOR or replacement of LIBOR; future share repurchases, if any; and the impact of the recent coronavirus outbreak or other similar outbreaks.&#160;Readers should review and consider these factors along with the various disclosures
      by the Company in its press releases, stockholder reports, and filings with the Securities and Exchange Commission. We disclaim any obligation to update or revise any forward-looking statements to reflect actual results or changes in the factors
      affecting the forward-looking information.</div>
    <div style="line-height: 1.00;"><br style="line-height: 1.00;">
    </div>
    <div style="text-align: justify; line-height: 1.00; font-size: 12pt;">For further information contact:</div>
    <div style="text-align: justify; line-height: 1.00; font-size: 12pt;">Richard B. Cribbs, Executive Vice President and Chief Financial Officer</div>
    <div style="text-align: justify; line-height: 1.00; font-size: 12pt;">RCribbs@covenanttransport.com</div>
    <div style="text-align: justify; line-height: 1.00; font-size: 12pt;"> <br>
    </div>
    <div style="text-align: center; line-height: 1; font-size: 12pt;"><a href="form8k.htm"><font style="font-size: 10pt;">Back to Form 8-K </font></a><br>
    </div>
  </div>
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</TEXT>
</DOCUMENT>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
