---

Allied Holdings' Subsidiary, Axis Group, Announces New Subsidiary In Mexico

19 January 1999

Allied Holdings' Subsidiary, Axis Group, Announces New Subsidiary In Mexico

    DECATUR, Ga., Jan. 19 -- Allied Holdings, Inc.
today announced that its wholly owned subsidiary, Axis Group, Inc., has
recently established a new subsidiary with the sole purpose of leasing car
hauling equipment to Mexican car carriers.  The new subsidiary, ARETA
(Arrendadora de Equipo Para El Transporte de Automoviles S. de R.L. de C.V.),
will have offices in Mexico City.
    Allied Holdings, Inc. is the parent company of several subsidiaries
engaged in automotive distribution.  The Allied Automotive Group (AAG),
through its subsidiaries, is the largest motor carrier in North America
specializing in the delivery of automobiles and light trucks.  AAG transports
for all major domestic and foreign manufacturers primarily from manufacturing
plants, rail ramps, ports and auctions to automobile dealers throughout the
United States and Canada.  Allied Holdings' Axis Group, through its
subsidiaries, provides logistics solutions to the automotive market.  Axis
utilizes innovative methods of distribution, as well as traditional and
emerging technologies, to help customers solve the most complex
transportation, inventory and logistics problems.