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Allied Holdings Wins Motion For Interim Relief

Law360 (May 5, 2006, 12:00 AM EDT) -- Allied Holdings Inc., the largest auto hauler in the United States, may be on the road to sound financial standing after receiving court permission to cut the salaries of its union workers by 10% for the next two months.

The U.S. Bankruptcy Court for the Northern District of Georgia approved Allied’s motion to seek interim relief from its collective bargaining agreement with the Teamster’s Union.

The proposal cuts 10% off the current wages for all collective-bargaining employees of Allied’s subsidiaries represented by the Teamsters and also...
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