Article: Allied Holdings' Subsidiary, Axis Group, Acquires Logistics Services Company.

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

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 ...

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