AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Allied Holdings Announces Strategic Realignment.

PR Newswire

| August 01, 2000 | COPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

DECATUR, Ga., Aug. 1 /PRNewswire/ --

Allied Holdings, Inc. (NYSE: AHI) announced today that it is realigning to establish a corporate structure that streamlines its organization and provides greater capabilities to meet customer expectations and increase shareholder value. These changes are effective immediately.

Allied Holdings, Inc. will eliminate three service companies -- Allied Industries, Haul Risk Management, and Link Information Systems -- and align those resources into the two remaining operating companies; Allied Automotive Group and Axis Group. Allied Automotive Group is the largest automotive transporter and distributor in North America. Axis Group provides logistics solutions, on a global basis, across the entire automotive supply chain.

"This realignment creates a more effective organizational structure and is part of our strategic initiative to manage our businesses in a cost-efficient manner that creates a fair value for shareholders," said A. Mitchell Poole Jr., vice chairman and CEO of Allied Holdings, Inc. "We remain committed to our vision of being the leading global ...

Related articles from newspapers, magazines, journals, and more
Allied Holdings names Hugh Sawyer President of Allied Automotive Group.
Press release article from: PR Newswire December 21, 1999 700+ words
...PRNewswire/ -- Allied Holdings, Inc...its Allied Automotive Group, Inc. unit...for Allied Automotive Group and look forward...customers." Allied Holdings is the parent...network. Allied Automotive Group Inc. is the...
Allied Holdings Reports Fourth Quarter and Full Year 2000 Unaudited Results.
Press release article from: PR Newswire February 13, 2001 700+ words
...charge. Allied Holdings, whose Allied Automotive Group subsidiary...this item, Allied Holdings recorded...Allied Automotive Group's vehicle...result, Allied Holdings said its Automotive Group expects vehicle...
Allied Holdings, Inc. Results to Be Impacted by Auto Industry Slowdown.
Press release article from: PR Newswire December 7, 2000 700+ words
...PRNewswire/ -- Allied Holdings, Inc. (NYSE...earnings. Allied Automotive Group, an Allied Holdings, Inc. subsidiary...Group. Allied Automotive Group is reacting to...ongoing basis. Allied Holdings, Inc. is the...
Allied Holdings Reaches Tentative Agreement With U.S. Teamsters.
Press release article from: PR Newswire June 1, 2003 700+ words
Allied Holdings, Inc. today announced...subsidiaries of its Allied Automotive Group have reached a tentative...approximately 70 percent of Allied Holdings employees. Economic...provisions as Allied Automotive Group. In a related matter...
Allied Holdings Informed of Pending Legal Matters.
Press release article from: PR Newswire June 13, 2000 700+ words
...PRNewswire/ -- Allied Holdings, Inc. (NYSE: AHI...subsidiary of Allied Automotive Group, Inc., a subsidiary of Allied Holdings, Inc. CCI recently...acquisition of CCI by Allied Holdings, Inc. from Ryder...
Allied Automotive Group Earns ISO-9002 Certification On First Attempt
Press release article from: PR Newswire June 5, 1998 700+ words
...PRNewswire/ -- Allied Holdings, Inc. (NYSE...subsidiary, Allied Automotive Group, has been awarded...Allied Automotive Group has achieved...operating officer of Allied Holdings. "We cannot...years ahead." Allied Holdings, Inc., is...business. Allied ...
Allied Holdings, Inc. Successfully Implements Administrative Fee.
Press release article from: PR Newswire October 15, 2001 700+ words
...PRNewswire/ -- Allied Holdings, Inc. (NYSE...subsidiary, Allied Automotive Group, has successfully...ongoing renewal of Allied Holdings." Mr. Sawyer...in 2002." About Allied Holdings Allied Holdings...
Allied Holdings Reaches Definitive Agreement to Renew General Motors Contract &...
Press release article from: PR Newswire December 12, 2005 700+ words
...PRNewswire-FirstCall/ -- Allied Holdings, Inc. (Pink Sheets...its subsidiary, Allied Automotive Group, Inc., has successfully...District of Georgia. About Allied Holdings Allied Holdings, Inc. is the parent company...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA