-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Bp0+HdnKA5RvYm0JhNjXfzN1X9nRad2ZHVtJyJRhOMYuOqe3rvKJhr4nUqxJ1qLR kDIi9c7bBWOlz17Fi5RtvQ== 0000950144-00-002917.txt : 20000307 0000950144-00-002917.hdr.sgml : 20000307 ACCESSION NUMBER: 0000950144-00-002917 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000302 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000303 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLIED HOLDINGS INC CENTRAL INDEX KEY: 0000909950 STANDARD INDUSTRIAL CLASSIFICATION: TRUCKING (NO LOCAL) [4213] IRS NUMBER: 580360550 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13867 FILM NUMBER: 561108 BUSINESS ADDRESS: STREET 1: 160 CLAIRMONT AVE STREET 2: STE 510 CITY: DECATUR STATE: GA ZIP: 30030 BUSINESS PHONE: 4043701100 MAIL ADDRESS: STREET 1: 160 CLAIREMONT AVENUE SUITE 510 CITY: DECATUR STATE: GA ZIP: 30030 8-K 1 ALLIED HOLDING, INC. 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934 Date of Report (Date of earliest event reported): March 2, 2000 Allied Holdings, Inc. - ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Georgia 0-22276 58-0360550 - ------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 160 Clairemont Avenue, Suite 510, Decatur, Georgia 30030 - ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) 404/370-1100 - ------------------------------------------------------------------------------- (Registrant's telephone number, including area code) Not applicable - ------------------------------------------------------------------------------- (Former name or former address, if changed since last report) The Total Number of Pages in this Document is 7. 2 ITEM 5. Other Events On March 1, 2000, Allied Holdings, Inc. (the "Company") issued the press release filed herewith as Exhibit 99.1 in connection with the acquisition by its subsidiary, Axis Group, Inc. of CT Group, Inc. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits. 99.1 Press release dated March 1, 2000. 3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALLIED HOLDINGS, INC. March 2, 2000 /s/ Daniel H. Popky ------------------------------------------- Daniel H. Popky, Senior Vice President and Chief Financial Officer 4 INDEX TO EXHIBITS
Exhibit Number Description Page - -------------- ----------- ---- 99.1 Press Release dated March 1, 2000 6
EX-99.1 2 PRESS RELEASE 1 EXHIBIT 99.1 ALLIED HOLDINGS' SUBSIDIARY, AXIS GROUP, ACQUIRES LOGISTICS SERVICES COMPANY DECATUR, GA., MARCH 1, 2000 - ALLIED HOLDINGS, INC. (NYSE: AHI) today announced that its wholly owned subsidiary, Axis Group, acquired CT Group, Inc., a Michigan-based holding company which owns CT Services and Cordin Transport. Terms of the transaction were not disclosed. The CT Group provides a variety of logistics services to the pre-owned vehicle market and is best known for its vehicle inspection programs. Through the CT Services subsidiary, the company provides custom inspection services for: vehicles returned after lease terms; rental cars returned under manufacturer programs; and other pre-owned vehicles requiring inspection prior to wholesale auction. These customized services and proprietary electronic notepad inspection tools have earned CT Services well-deserved market recognition for both customer service and value. Primarily through Cordin Transport, the CT Group also provides transportation services for inspection customers. The services include: driveaway and haulaway, rail loading and yard management, as well as both motor and rail carrier management. Finally, the subsidiaries support their inspection customers through administrative services such as vehicle titling and insurance claims processing. Axis acquired CT Group from Robert and Mark Chambers who owned and operated the business since the mid-1980s. The Chambers will remain as members of management of the business in charge of day to day activities. Commenting on the acquisition, Randall E. West, President and Chief Operating Officer of Allied Holdings, said, "Bob and Mark Chambers and their associates have established CT Services as the industry leader in the pre-owned vehicle inspection arena. We do not expect to change their business, but do hope to learn from them and then help them grow." West continued, "This acquisition supports our strategy to build value-added capabilities for the finished vehicle supply chain. As well, it reinforces our leadership as the most capable and successful provider of automotive logistics services in the world." Allied Holdings, Inc. is the parent 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, accessorization, and dealer prep. Allied, through its subsidiaries, is the largest company in North America specializing in the delivery of new and used vehicles. 2 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. ###
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