Allied Holdings keeps NYSE name

Aug. 22, 2001
Car hauling specialist Allied Holdings Inc. will remain listed on the New York Stock Exchange (NYSE), despite falling below the exchange’s listing standards. Allied will remain listed with NYSE, subject to quarterly monitoring by NYSE. Allied had been advised by NYSE that it had fallen below NYSE continued listing standards, falling under $50-million in total market capitalization. Allied, however,
Car hauling specialist Allied Holdings Inc. will remain listed on the New York Stock Exchange (NYSE), despite falling below the exchange’s listing standards.

Allied will remain listed with NYSE, subject to quarterly monitoring by NYSE. Allied had been advised by NYSE that it had fallen below NYSE continued listing standards, falling under $50-million in total market capitalization.

Allied, however, worked out a deal where it will remain listed as long as it gets over the $50-million mark by November 29, 2002.

Sponsored Recommendations

Heavy-Duty Maintenance Checklist

A maintenance checklist can help ensure you hit everything necessary during an inspection. Check out our free downloadable checklist to help streamline your repairs.

Five Ways a Little Data Can Save Your Company Millions

While most trucking and logistics companies rely on cellular to keep their work fleet connected, satellite has the ability to connect anywhere and through small data transmission...

Fleet Case Study: 15% YOY Growth for ITDS

Learn how this small trucking company scaled significantly and maintained outstanding customer service without adding additional people. Sylectus TMS can automate operations and...

Unlocking Fleet Safety & Efficiency: The Managed Service Advantage

Want to boost your fleet's safety and efficiency? Tune in now to discover the power of Managed Services in optimizing your safety program, streamlining operations, and making ...

Voice your opinion!

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