Allied Holdings Extends Form 10-K Filing

    DECATUR, Ga., March 30 Allied Holdings, Inc.
today announced that it has filed with the Securities and Exchange Commission
for a 15-day extension of the March 31, 2001, deadline for filing its Annual
Report on Form 10-K.  Additional time is required because the company is
finalizing amendments to its present credit facility and its subordinated debt
facility which affect the information provided in the Form 10-K.  The company
expects to file its Annual Report on Form 10-K before the end of the extension
period.
    Robert J. Rutland, Chairman and CEO of Allied Holdings, said, "We have
made considerable progress with our lenders regarding various technical
compliance issues and expect to complete discussions in the next two weeks.
At that time, the company will file the appropriate information."

    About Allied Holdings, Inc.
    Allied Holdings, Inc. is the parent company of several subsidiaries
engaged in providing logistics, distribution and transportation services to
the automotive industry.  The services of Allied's subsidiaries span the
entire finished vehicle distribution continuum, and include logistics, car-
hauling, intramodal transport, inspection, accessorization, and dealer prep.
Allied, through its subsidiaries, is the largest company in North America
specializing in the delivery of new and used vehicles in the global
marketplace.
    Statements in this press release that are not strictly historical are
"forward-looking" statements.  Such statements include, without limitations,
any statements containing the words "believe," "anticipate," "estimate,"
"expect," "intend," "plan," seek," and similar expressions.  Investors are
cautioned that such statements are subject to certain risks and uncertainties
that could cause actual results to differ materially.  Without limitation,
these risks and uncertainties include economic recessions or downturns in new
vehicle production or sales, the highly competitive nature of the automotive
distribution industry, the possibility that the Company's lenders will not
agree to amend the covenants in its credit agreements, dependence on the
automotive industry, labor disputes involving the Company or its significant
customers, the dependence on key personnel who have been hired or retained by
the Company, the availability of strategic acquisitions or joint venture
partners, changes in regulatory requirements which are applicable to the
Company's business, risks associated with conducting business in foreign
countries, and changes in vehicle sizes and weights which may impact vehicle
deliveries per load.  Investors are urged to carefully review and consider the
various disclosures made by the Company in this press release and in the
Company's reports filed with the Securities and Exchange Commission.