<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FORM THE FINANCIAL STATEMENTS OF ALLIED HOLDINGS, INC. FOR THE YEAR ENDED DECEMBER 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-START> JAN-01-1997 <PERIOD-END> DEC-31-1997 <EXCHANGE-RATE> 1 <CASH> 10,530 <SECURITIES> 19,540 <RECEIVABLES> 74,881 <ALLOWANCES> 0 <INVENTORY> 5,391 <CURRENT-ASSETS> 149,673 <PP&E> 286,214 <DEPRECIATION> 0 <TOTAL-ASSETS> 558,939 <CURRENT-LIABILITIES> 157,679 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 57,328 <TOTAL-LIABILITY-AND-EQUITY> 558,939 <SALES> 581,530 <TOTAL-REVENUES> 581,530 <CGS> 563,751 <TOTAL-COSTS> 563,751 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 14,095 <INCOME-PRETAX> 4,552 <INCOME-TAX> 2,150 <INCOME-CONTINUING> 2,402 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,402 <EPS-PRIMARY> .31 <EPS-DILUTED> .31