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Axis Group Purchases Equity in Logistics Company

8 February 2000

Allied Holdings' Subsidiary, Axis Group, Purchases Equity in Logistics Company

                  Axis Group Receives ISO-9001 Certification

    DECATUR, Ga., Feb. 7 -- Allied Holdings, Inc.
today announced its wholly owned subsidiary, Axis Group, has purchased a
25 percent equity interest in Auto Logistics Solutions, Inc. (ALS), a
California-based company.
    Auto Logistics Solutions, Inc. provides services related to the ocean
shipment of vehicles. ALS is a customer of Axis Group's containerized
equipment division and uses the Kar-Tainer(R) proprietary, externally loaded
vehicle cassettes.  The loading and unloading of the vehicles are also the
primary responsibility of ALS.
    Among other clients, Auto Logistics Solutions is a first tier logistics
support provider for General Motors.  ALS manages the movement of GM vehicles
to and from the US mainland and the state of Hawaii where GM is by far the
market share leader.
    Terms of the transaction were not disclosed.
    Commenting on the acquisition, Randall E. West, president and chief
operating officer of Allied Holdings, Inc., stated:  "This is a natural fit
for Allied Holdings as the Axis Group continues to accelerate its growth in
finished, international vehicle logistics."
    On a separate matter, West advised that the Axis Group had received ISO
certification in October 1999 by American Quality Assessors of Columbia, SC.
The ISO-9001 certification is the category of the ISO-9000 program designated
for service companies, and remains in effect for three years.
    Allied Holdings is the parent of several subsidiaries engaged in
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, accessorization, and dealer prep.  Allied, through its Allied
Automotive Group subsidiary, is the largest company in North America
specializing in the delivery of new and used vehicles.
    Statements in this press release that are not strictly historical are
"forward-looking" statements.  Investors are cautioned that such statements
are subject to certain risks and uncertainties that could cause actual results
to differ materially.  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.