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                                                                    EXHIBIT 99.1


For Immediate Release
July 28, 1999


ASCHE TRANSPORTATION SERVICES, INC. EXCHANGES
SUBORDINATED DEBT FOR COMMON STOCK

SHANNON, Ill., July 28 /PRNewswire/ -- Asche Transportation Services, Inc.
(Nasdaq: ASHE - news) announced today that certain unrelated individuals
exchanged $400,000 of subordinated debt bearing 14% interest for 88,894 shares
of the Company's common stock. Additionally, $85,917 of accrued interest owed to
these individuals was exchanged for an additional 19,096 shares of the Company's
common stock. The Company originally incurred the subordinated debt in
connection with the financing of the acquisition of Specialty Transportation
Services, Inc. ("STS"). The transaction is expected to be anti-dilutive.

Asche, through its operating subsidiaries, Asche Transfer, Inc. and AG Carriers,
Inc., is a leading provider of temperature-controlled, time-sensitive
transportation of frozen foods, juice concentrates, perishable commodities,
household and retail commodities, and tropical foliage. STS, as an operating
subsidiary of Asche, is a leading provider of municipal solid waste and bulk
industrial transport services. Its shares trade on the Nasdaq National Market
under the symbol ASHE.

Statements included in this press release which are not historical in nature,
are intended to be, and are hereby identified as, "forward looking statements"
for purposes of the safe harbor provided by Section 21E of the Securities
Exchange Act of 1934, as amended by Public Law 104-67. Forward-looking
statements may be identified by words including "anticipates," "believes,"
"intends," "estimates," "expects" and similar expressions. The Company cautions
readers that forward-looking statements, including without limitation, those
relating to the Company's future business prospects, revenues and income are
subject to certain risks and uncertainties that could cause actual results to
differ materially from those indicated in the forward looking statements, due to
several important factors, including, among others, those identified from time
to time in the Company's reports filed with the SEC. Such risk factors include,
but are not limited to, general economic conditions, availability of drivers,
fuel costs, labor costs, interest rates, competition and governmental
regulations.

For more information, contact Leon M. Monachos, CFO of Asche Transportation
Services, Inc., 815-864-2421, or Brian Grabowski of EBS Public Relations, Inc.
for Asche Transportation Services, Inc., 847-714-8600, ext. 236, or e-mail,
bgrabowski@ebspr.com.