Allied Holdings Reaches Agreement in Principle to Renew Toyota Contract

Allied Holdings Reaches Agreement in Principle to Renew Toyota Contract: "The Agreement provides that Allied will continue to provide vehicle
delivery services for Toyota in the United States at locations which
generated approximately 60% of the Company's 2005 revenues associated
with the Toyota account. During the first quarter of 2006, Allied will
cease performing vehicle delivery services at locations which generated
approximately 32% of the Company's 2005 revenues associated with the
Toyota account in the United States."