-----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, L67FSqV99KlK2e8T3o1XIgQdDWh9xIgTuYd4gnBJcs6d8x58XHQSboUPGvCHGg1f OyK2TMLwWmNHNYZXK/zxzA== /in/edgar/work/20000613/0000950144-00-007788/0000950144-00-007788.txt : 20000919 0000950144-00-007788.hdr.sgml : 20000919 ACCESSION NUMBER: 0000950144-00-007788 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000614 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20000613 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALLIED HOLDINGS INC CENTRAL INDEX KEY: 0000909950 STANDARD INDUSTRIAL CLASSIFICATION: [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: 654367 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 0001.txt ALLIED HOLDINGS, 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: June 14, 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 200, 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 6. 2 ITEM 5. Other Events On June 13, 2000, Allied Holdings, Inc. (the "Company") issued the press release filed herewith as Exhibit 99.1 in connection with a judgment entered against a subsidiary, Commercial Carriers, Inc., and related matters. 2 3 ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits. 99.1 Press release dated June 13, 2000. 3 4 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. June 14, 2000 /s/ Daniel H. Popky -------------------------------------------- Daniel H. Popky, Senior Vice President and Chief Financial Officer 4 5 INDEX TO EXHIBITS
Exhibit Number Description Page - -------------- ----------- ---- 99.1 Press Release dated June 13, 2000 6
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EX-99.1 2 0002.txt PRESS RELEASE 1 EXHIBIT 99.1 ALLIED HOLDINGS INFORMED OF PENDING LEGAL MATTERS DECATUR, GEORGIA, JUNE 13, 2000 - ALLIED HOLDINGS, INC. (NYSE:AHI), parent company of the world's largest automotive distribution and logistics network, said today that the company has been informed of issues relating to legal proceedings involving Commercial Carriers, Inc. (CCI), which is a subsidiary of Allied Automotive Group, Inc., a subsidiary of Allied Holdings, Inc. CCI recently learned that National Union Fire Insurance Company of Pittsburgh, PA -- an insurance carrier which is to provide coverage of approximately $20 million regarding a $35 million judgment against CCI -- has fully reserved its rights of insurance coverage. CCI has filed a lawsuit seeking a declaratory judgment that National Union has no basis for reserving its rights and intends to vigorously pursue this claim. CCI believes that insurance is in place to provide sufficient coverage for the remaining amount of the judgment. The judgment relates to claims for personal injury incurred as a result of an accident involving a CCI vehicle that occurred in November 1994, prior to the acquisition of CCI by Allied Holdings, Inc. from Ryder System, Inc. in 1997. CCI has appealed this judgment and also intends to vigorously proceed with its appeal rights. While the ultimate results of this litigation cannot be determined, Allied Holdings, Inc. does not currently expect that the resolution of this proceeding will have a material adverse effect on the company's consolidated financial position or results of operations. 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. With limitation, these risks and uncertainties include the outcome of litigation and the results of the discovery process related to such litigation, economic recessions or downturns in new vehicle production or sales, the highly competitive nature of the automotive distribution industry, dependence on the automotive industry, labor disputes involving the company or its significant customers, the dependence on key personnel who have been hired or retained by the company, the availability of strategic acquisitions or joint-venture partners, changes in regulatory requirements which are applicable to the company's business, risks associated with conducting business in foreign countries, changes in vehicle sizes and weights which may impact vehicle deliveries per load, the ability to increase rates charged to customers, and problems related to information technology systems and computations that must be made by the company or its customers and vendors in 2000 or beyond. Investors are urged to carefully review and consider various disclosures made by the company in this press release and the Company's reports filed with the Securities and Exchange Commission. ### 6
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