Article: Allied Holdings, Inc. Successfully Implements Administrative Fee.

DECATUR, Ga., Oct. 15 /PRNewswire/ --

Allied Holdings, Inc. (NYSE: AHI) announced today that its car hauling subsidiary, Allied Automotive Group, has successfully entered into agreements with its manufacturing clients which provide for the payment of the previously announced administrative processing fee. The Company has implemented the fee with clients representing approximately 85% of its annual revenues effective September 6, 2001, and is continuing its discussions regarding fees with one client which is under a long term agreement with Allied. The new administrative processing fee is expected to generate an additional $40-$50 million in annual revenues with ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!