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Allied Holdings' Axis Group Announces New Contract With BMW

28 June 1999

Allied Holdings' Axis Group Announces New Contract With BMW 
    DECATUR, Ga., June 28 -- Allied Holdings, Inc.
announced today that Axis Group, a wholly owned subsidiary, has been awarded a
contract to provide its Kar-Tainer(R) exterior loading cassette system for
containerized international shipment of BMW 3 Series automobiles.
    Axis, in association with Mediterranean Shipping Company, has been awarded
the contract to ship BMW 3 series vehicles manufactured in South Africa to
various right-hand drive countries including the United Kingdom.  These
vehicles will be shipped from BMW's Rosslyn, South Africa plant.  BMW imports
parts for vehicle manufacturing from Germany in standard 40-foot ocean
containers.  These containers are used with the Kar-Tainer exterior loading
cassette system for the outbound transportation of the built-up vehicles.
    Axis will provide cassettes, which are manufactured at its facility in
Port Elizabeth, South Africa, and will be responsible for the loading process
at the BMW facility in Rosslyn, South Africa.  Approximately 5,000 vehicles
will be shipped through the end of the year; volumes for ensuing years are
unconfirmed at this time.
    Allied Holdings, Inc. is the parent company of several subsidiaries
engaged in automotive distribution.  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 automobiles
and light trucks 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.  Axis Group, Inc., through
its subsidiaries, provides logistics solutions to the United States and
international automotive markets.  Axis utilizes innovative methods of
distribution, as well as traditional and emerging technologies, to help
customers solve complex transportation, inventory and logistics problems.