Allied Holdings adding “processing fee”

Aug. 6, 2001
Automotive transporter Allied Holdings, Inc. will increase its pricing with an administrative processing fee for vehicles transported on behalf of its clients in the U.S. and Canada. Allied said it will begin charging this fee – adding up to an 8.5% price increase – on or about September 6 to approximately 85% of its business. “We have completed a careful diagnosis of our rate structure and pricing
Automotive transporter Allied Holdings, Inc. will increase its pricing with an administrative processing fee for vehicles transported on behalf of its clients in the U.S. and Canada. Allied said it will begin charging this fee – adding up to an 8.5% price increase – on or about September 6 to approximately 85% of its business.

“We have completed a careful diagnosis of our rate structure and pricing for all of our customers and have determined that Allied will charge a new processing fee for all vehicles transported for each of our clients so that we are more fully compensated for our services,” said Hugh E. Sawyer, Allied’s president & CEO.

“Allied performs many underlying services for its clients which are directly related to our core business of transporting vehicles and this processing fee is designed to compensate us for these services,” he added. “Our new rate structure will enable Allied to continue to invest in the people, technology and equipment needed to better serve our clients and meet their requirements for service and delivery times.”

The new fee comes at a time of heavy financial losses for Allied. The company recently reported that its second quarter revenues declined 15%, resulting in a loss of $5.7 million. Through the first six months of 2001, Allied has posted losses of $24.6 million, compared to net income of $5.9 million for the same period in 2000.

About the Author

Sean Kilcarr | Editor in Chief

Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.

 

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Waiting for a breakdown is costing you. Learn how smart preventive maintenance plans, accurate data, and cross-team coordination can protect your bottom line and boost profits...
Is your fleet ready for California's Clean Truck Check program? Our guide helps you navigate CARB compliance, avoid costly fines, and keep your trucks rolling. Learn how telematics...
Boost truck leasing profits with telematics insights! Reduce maintenance costs, improve uptime, and strengthen customer relationships. Learn how data drives success.
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...