Corporate Profile for Allied Holdings Inc., dated Oct. 2, 1998.

DECATUR, Ga.--(BUSINESS WIRE)--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-

Published Date:   Oct. 2, 1998

Company Name:          Allied Holdings, Inc.

Address:          160 Clairemont Ave., Suite 510
                  Decatur, GA 30030

Main Telephone
 Number:          404/373-4285

Internet Home
 Page Address
  (URL)           www.alliedholdings.com
Chief Executive
 Officer:          Robert J. Rutland

Chief Financial
 Officer:          A. Mitchell Poole Jr.

Investor Relations
 Contact:          Adam I. Friedman
Business number:  212/896-1215
 e-mail address:  [e-mail]
Trading Symbol/
 Exchange:          NYSE:AHI

Industry:          Automotive Distribution

    Company description: Allied Holdings, Inc. is the parent company
of several subsidiaries engaged in the automotive distribution
business. 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 United
States and international automotive markets. Axis utilizes innovative
methods of distribution, as well as traditional and emerging
technologies to help customers solve the most complex transportation,
inventory and logistics problem.
52 Week Price Range:                    $10-24
Current Price:                            $113/4
Market Capitalization:                    $89.6 million
Shares Outstanding as of 5/1:            7.877 million
Fiscal Year Ending:                    December 31
FY 1997 Net Revenues:                    $581.530 million
Earnings Per Share:                    $0.31
Float:                                    4.22 million