Allied Holdings turns a profit
Troubled car hauler Allied Holdings turned a profit for the first time in two years, posting net income of $2.1 million on revenue of $239 million, compared to a net loss of $5.7 million on revenues of $250.2 million last year. President & CEO Hugh Sawyer said Allied's revenues declined largely as a result of exiting several markets and selling off assets. But for the first six months of 2002, Allied