IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: ALLIED SYSTEMS HOLDINGS, INC., et al.

,1 Debtors. ) ) ) ) ) ) ) Chapter 11 Case No. 12-11564 (CSS) (Jointly Administered) Related Docket Nos. 230, 369

CERTIFICATION OF COUNSEL REGARDING STIPULATION EXTENDING THE TIME FOR THE CREDITORS COMMITTEE TO COMPLETE ITS LIEN INVESTIGATION WITH RESPECT TO CERTAIN DISPUTED ASSETS AND TO COMMENCE A CHALLENGE RELATED THERETO The undersigned hereby certifies as follows: 1. On July 12, 2012, the Court entered the DIP Order,2 which established certain

deadlines for the Committee and all non-debtor parties in interest to file a complaint or assert a setoff, claim, offset or defense that seeks to invalidate, subordinate, recharacterize or otherwise challenge any of the Prepetition Lender Liens, Prepetition Secured Claims or the actions taken by any Prepetition Secured Party in its capacity as such (a Challenge Action). 2. On August 22, 2012, the Court entered the First Stipulation and Order, which

extended, solely for the Committee, the Challenge Period Termination Date with respect to Challenge Actions relating to the perfection of any applicable lien.

The debtors in the above-captioned cases (collectively, the Debtors), along with the federal tax identification number (or Canadian business number where applicable) for each of the Debtors, are: Allied Systems Holdings, Inc. (58-0360550); Allied Automotive Group, Inc. (58-2201081); Allied Freight Broker LLC (592876864); Allied Systems (Canada) Company (90-0169283); Allied Systems, Ltd. (L.P.) (58-1710028); Axis Areta, LLC (45-5215545); Axis Canada Company (87568828); Axis Group, Inc. (58-2204628); Commercial Carriers, Inc. (38-0436930); CT Services, Inc. (38-2918187); Cordin Transport LLC (38-1985795); F.J. Boutell Driveaway LLC (38-0365100); GACS Incorporated (58-1944786); Logistic Systems, LLC (45-4241751); Logistic Technology, LLC (45-4242057); QAT, Inc. (59-2876863); RMX LLC (31-0961359); Transport Support LLC (38-2349563); and Terminal Services LLC (91-0847582). The location of the Debtors corporate headquarters and the Debtors address for service of process is 2302 Parklake Drive, Bldg. 15, Ste. 600, Atlanta, Georgia 30345. 2 Capitalized terms used herein but not otherwise defined shall have the meaning ascribed to them in the Stipulation attached hereto as Exhibit A.

3.

The Committee requested, and the Debtors and Yucaipa, as DIP Agent and

purported successor Prepetition First Lien Agent, consented to grant the Committee, and not any other party, a further limited extension of the Challenge Period Termination Date to commence a Challenge Action with respect to the perfection of any applicable lien relating to the Disputed Assets of the Debtors as set forth in the Stipulation attached hereto as Exhibit A. 4. Accordingly, the Committee, the Debtors, and Yucaipa, as DIP Agent and

purported successor Prepetition First Lien Agent, have agreed that the Committees deadline to bring a Challenge Action with respect to the perfection of any applicable lien relating to the Disputed Assets of the Debtors shall be extended through and including October 23, 2012. The Stipulation does not modify the Challenge Period Termination Date (i) in connection with commencing a Challenge Action for any other purpose, including with respect to the perfection of any applicable lien relating to the Remaining Assets of the Debtors or (ii) for any party other than the Committee.

WHEREFORE the Committee respectfully requests that the Court enter the order substantially in the form attached hereto as Exhibit B, at its earliest convenience. SULLIVAN HAZELTINE ALLINSON LLC

Date: September 22, 2012 Wilmington, Delaware

/s/ William A. Hazeltine William D. Sullivan (No. 2820) William A. Hazeltine (No. 3294) 901 North Market Street, Suite 1300 Wilmington, DE 19801 Tel: (302) 428-8191 Fax: (302) 428-8195 and SIDLEY AUSTIN LLP Michael G. Burke Brian J. Lohan Dennis Kao 787 Seventh Avenue New York, NY 10019 Tel: (212) 839-5300 Fax: (212) 839-5599 Matthew A. Clemente One South Dearborn Street Chicago, IL 60603 Tel: (312) 853-7000 Fax: (312) 853-7036 Counsel for the Official Committee of Unsecured Creditors

EXHIBIT A Stipulation

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: ALLIED SYSTEMS HOLDINGS, INC., et al.,3 Debtors. ) ) ) ) ) ) ) Chapter 11 Case No. 12-11564 (CSS) (Jointly Administered) Related Docket Nos. 230, 369

STIPULATION EXTENDING THE TIME FOR THE CREDITORS COMMITTEE TO COMPLETE ITS LIEN INVESTIGATION WITH RESPECT TO CERTAIN DISPUTED ASSETS AND TO COMMENCE A CHALLENGE RELATED THERETO WHEREAS, on July 12, 2012, the Court entered the Final Order Pursuant to 11 U.S.C. 105, 361, 362, 363(c), 364(c)(1), 364(c)(2), 364(c)(3), 364(e), 503(b) and 507(a), Fed. R. Bankr. P. 2002, 4001 and 9014 and Del. Bankr. L.R. 4001-2: (I) Authorizing Debtors to (A) Obtain Postpetition Secured DIP Financing And (B) Use Cash Collateral; (II) Granting Superpriority Liens and Providing for Superpriority Administrative Expense Status; (III) Granting Adequate Protection to Prepetition Secured Lenders; And (IV) Modifying Automatic Stay (D.I. 230) (the DIP Order);4 WHEREAS, pursuant to paragraph 12(b) of the DIP Order, the Official Committee of Unsecured Creditors (the Committee) and all non-debtor parties in interest have the right to file a complaint pursuant to Bankruptcy Rule 7001, or assert a setoff, claim, offset or defense that seeks to invalidate, subordinate, recharacterize any of the Prepetition Lender Liens,

The debtors in the above-captioned cases (collectively, the Debtors), along with the federal tax identification number (or Canadian business number where applicable) for each of the Debtors, are: Allied Systems Holdings, Inc. (58-0360550); Allied Automotive Group, Inc. (58-2201081); Allied Freight Broker LLC (592876864); Allied Systems (Canada) Company (90-0169283); Allied Systems, Ltd. (L.P.) (58-1710028); Axis Areta, LLC (45-5215545); Axis Canada Company (87568828); Axis Group, Inc. (58-2204628); Commercial Carriers, Inc. (38-0436930); CT Services, Inc. (38-2918187); Cordin Transport LLC (38-1985795); F.J. Boutell Driveaway LLC (38-0365100); GACS Incorporated (58-1944786); Logistic Systems, LLC (45-4241751); Logistic Technology, LLC (45-4242057); QAT, Inc. (59-2876863); RMX LLC (31-0961359); Transport Support LLC (38-2349563); and Terminal Services LLC (91-0847582). The location of the Debtors corporate headquarters and the Debtors address for service of process is 2302 Parklake Drive, Bldg. 15, Ste. 600, Atlanta, Georgia 30345. 4 Capitalized terms used but not defined herein shall have the meanings ascribed to them in the DIP Order.

Prepetition Secured Claims or the actions taken by any Prepetition Secured Party in its capacity as such (a Challenge Action), provided that any Challenge Action by the Committee challenging the perfection of any applicable lien must be brought on or before the later to occur of seventy-five (75) days after the Consent Date and sixty (60) days after the formation of the Committee; WHEREAS, on August 22, 2012, the Court entered the Stipulation and Order Regarding Extension of the Creditors Committees Challenge Period (D.I. 369) (the First Stipulation and Order) between the Committee, the Debtors, and Yucaipa American Alliance Fund II, LLC (together with its affiliated funds, Yucaipa), as DIP Agent and a DIP Lender under the Senior Secured Super-Priority Debtor in Possession Credit and Guaranty Agreement dated as of June 11, 2012 and purported successor Prepetition First Lien Agent, amending paragraph 12(b)(i) of the DIP Order, so that the Committee would have until the later to occur of one hundred and five (105) days after the Consent Date and ninety (90) days after the formation of the Committee to file a Challenge Action challenging the perfection of any lien; WHEREAS, at the request of the Committee, the Debtors and Yucaipa, as DIP Agent and the purported successor Prepetition First Lien Agent, consent to grant solely to the Committee, a further limited extension (as specifically set forth herein) of the Challenge Period Termination Date to commence a Challenge Action with respect to the perfection of any applicable lien relating to the specific disputed assets (the Disputed Assets) set forth in Exhibit 1 to this stipulation (this Stipulation): NOW, THEREFORE, it is hereby stipulated and agreed by and between the Committee, the Debtors and Yucaipa, as DIP Agent and the purported successor Prepetition First Lien Agent

(each, a Party, and collectively, the Parties), as indicated by the signatures of their respective authorized representative below that: 1. The Challenge Period for the Committee, as set forth in section (b)(i) of paragraph

12 of the DIP Order, and as amended by the First Stipulation and Order, to commence a Challenge Action with respect to the perfection of any applicable lien relating to the Disputed Assets shall be, and hereby is extended through and including October 23, 2012. 2. Nothing contained herein shall act to modify the Challenge Period for any other

purpose, including the Challenge Period for challenging the perfection of any applicable lien relating to any other property of the Debtors not described above as the Disputed Assets (the Remaining Assets). 3. Nothing contained herein shall act to waive or prejudice either: (a) the

Committees right to seek such other and further extensions as it deems necessary and appropriate; (b) the Committees right to seek to use Cash Collateral in excess of the cap imposed on the Committee Challenge Fees as set forth in paragraph 12(d) of the DIP Order to investigate and prosecute any Challenge Action; or (c) the right of any other Party to object to the Committees request(s) for such an extension, or use of Cash Collateral. 4. Except as expressly set forth herein or in any other applicable order of this Court,

the Parties agree that this Stipulation does not otherwise affect any term or provision of the DIP Order, and that the DIP Order otherwise remains in full force and effect. For avoidance of doubt, nothing herein limits the Committees rights to bring a Challenge Action for any reason other than the perfection of any applicable lien. 5. This Stipulation may be executed in one or more counterparts, each of which shall

be deemed an original, and all of which, when taken together, shall constitute one and the same

document. Signatures transmitted by facsimile or other electronic transmission shall be sufficient to constitute execution by the parties hereto. 6. This Stipulation contains the entire agreement between the Parties as to the

subject matter hereof, and all understandings, agreements and communications prior to the date hereof, whether express or implied, oral or written, relating to the subject matter hereof are fully and completely extinguished and superseded by this Stipulation. This Stipulation shall not be altered, amended, modified or otherwise changed, and the rights hereunder may not be waived, except by a writing dated subsequent to the date hereof and duly signed by each of the Parties. 7. This Stipulation is effective upon filing without further order of Court and shall

not be modified, altered, amended or vacated without written consent of all parties hereto, subject to Court approval.

8.

This Court shall retain jurisdiction over all matters arising from or related to the

interpretation or implementation of this Stipulation. AGREED TO AND ACCEPTED BY: Date: September 22, 2012 Wilmington, Delaware SULLIVAN HAZELTINE ALLINSON LLC

/s/ William A. Hazeltine William D. Sullivan (No. 2820) William A. Hazeltine (No. 3294) 901 North Market Street, Suite 1300 Wilmington, DE 19801 Tel: (302) 428-8191 Fax: (302) 428-8195 and SIDLEY AUSTIN LLP

/s/ Dennis Kao Michael G. Burke Brian J. Lohan Dennis Kao 787 Seventh Avenue New York, NY 10019 Tel: (212) 839-5300 Fax: (212) 839-5599 Matthew A. Clemente One South Dearborn Street Chicago, IL 60603 Tel: (312) 853-7000 Fax: (312) 853-7036 Counsel for the Official Committee of Unsecured Creditors

Date: September 22, 2012 Wilmington, Delaware

YOUNG CONAWAY STARGATT & TAYLOR, LLP Michael R. Nestor (No. 3526) Joseph M. Barry (No. 4221) Rodney Square 1000 North King Street Wilmington, DE 19801 Tel: (302) 571-6600 Fax: (302) 571-1253 and LATHAM & WATKINS LLP

/s/ Robert A. Klyman Robert A. Klyman (admitted pro hac vice) Gregory O. Lunt (admitted pro hac vice) 355 South Grant Avenue Los Angeles, CA 90071-1560 Tel: (213) 485-1234 Fax: (213) 891-8763 Counsel for Yucaipa American Alliance Fund II, LLC and its affiliated funds

Date: September 22, 2012 Wilmington, Delaware

RICHARDS, LAYTON & FINGER, P.A. Mark D. Collins (No. 2981) Christopher M. Samis (No. 4909) Andrew C. Irgens (No. 5193) Marisa A. Terranova (No. 5396) One Rodney Square 920 North King Street Wilmington, DE 19801 Tel: (302) 651-7700 Fax: (302) 651-7701 and TROUTMAN SANDERS LLP

/s/ Ezra H. Cohen Jeffrey W. Kelley (admitted pro hac vice) Ezra H. Cohen (admitted pro hac vice) Carolyn P. Richter (admitted pro hac vice) Matthew R. Brooks (admitted pro hac vice) Benjamin R. Carlsen (admitted pro hac vice) Bank of America Plaza 600 Peachtree Street, Suite 5200 Atlanta, GA 30308-2216 Tel: (404) 885-3000 Fax: (404) 885-3900 Counsel for the Debtors

Exhibit 1 Disputed Assets

Disputed Assets The following purported assets of the Debtors are assets that the Committee currently disputes are subject to a perfected security interest in favor of the Prepetition Lenders: I. Certain equity interests

The Debtors ownership interest in: Leader Logistics, LLC Haul Insurance Limited - [Cayman] AX International Limited - [Bermuda] Axis Operadora Hermosillo S.A. de C.V. [Mexico] Axis Operadora Mexico, S.A. de C.V. [Mexico] Axis Operadora Guadalajara, S.A. de C.V. [Mexico] Axis Operadora Monterrey, S.A. de C.V. [Mexico] Axis Logistica, S. de R.L. de C.V. [Mexico] Arrendadora de Equipo Para El Transporte de Automoviles S. de R.L. de C.V. [Mexico] II. Real Estate

The following U.S. properties: 83 Nickerson Road, Ashland, MA 01721 75 Ransier Driver, West Seneca, NY 14224 19550 Smokey Road, Marysville, OH 43040 111 Burroughs Avenue, Cayce, SC 29169 2355 Frisco Avenue, Memphis, TN 38114 335 Old Hwy. 67 North, Midlothian, TX 76065 1500 Winder Highway, #8 in Dacula, County of Gwinnett, Georgia 25 Southside Industrial Parkway in Hapeville, in the county of Fulton and in the county of Clayton, Georgia 1240 & 1241 Claycomo Road in Kansas City, county of Clay, Missouri 12502 Fogwell Parkway in Roanoke, county of Alan, Indiana 9450 Ideal Avenue South in Cottage Grove, county of Washington, Minnesota Property(ies) located in the city of Dearborn, county of Wayne, Michigan

III.

Deposit Accounts

The following deposit accounts:

Debtor Allied System Holdings, Inc. Allied Systems, Ltd. Allied Systems, Ltd. Axis Group Inc. Logistics Technology LLC Logistics Systems LLC

Name of Depository Bank Bank of America Fidelity National Bank Bank of America Fidelity National Bank Fidelity National Bank Fidelity National Bank Fidelity National Bank

Account Number5

Account Name DDA/Benefits Imprest Distribution Account Convenience Escrow Convenience Convenience Convenience Investment Account Imprest Concentration Account Convenience Convenience CDA CDA CDA CDA DDA CDA CDA CDA Convenience Convenience

AXIS ARETA LLC Allied Systems, Ltd. Allied Systems Holdings, Inc. Allied Systems, Ltd. FJB Allied Systems Holdings, Inc. Allied Systems Holdings, Inc. Allied Automotive Group Allied Automotive Group Allied Automotive Group Allied Automotive Group Axis Group, Inc. Axis Group, Inc. Allied Systems LTD Allied Systems LTD

Fidelity National Bank Fidelity National Bank First Bank- Wentzville M&I Bank of Janesville Bank of America Bank of America Bank of America Bank of America Bank of America Bank of America Bank of America Bank of America Wells Fargo Wells Fargo

Account numbers are omitted for confidentiality purposes.

Allied Systems LTD Allied Systems LTD Allied Systems Holdings, Inc. Allied Systems Holdings, Inc. Allied Systems Holdings, Inc. Allied Systems Holdings Inc

The Ohio State Bank PNC Bank First Citizens Bank Wells Fargo Fidelity National Bank Commerce Bank

Convenience Convenience CDA/Benefits Trust Acct for Natl Indemnity Insurance CD collateralizing State of Florida LOC Treasury Bond Collateralizing State of Missouri Workers Comp

IV.

Motor Vehicles

The following motor vehicles:

UNIT # 78048 78032 76218 76124 76204 76150 78044 77984 78028 76212 76126 76196 77116 78026 76146 4653 70616 70619 70633 70559 89031 70620 97031 70555 70813 70829 70774 VIN 1B9CS45203P275203 1B9CS45224P275396 1B9CS45226P275093 1B9CS45227P275113 1B9CS45236P275085 1B9CS45237P275136 1B9CS45253P275200 1B9CS45274P275359 1B9CS45274P275393 1B9CS45276P275090 1B9CS45276P275975 1B9CS45286P275082 1B9CS45287P275374 1B9CS452X4P275405 1B9CS452X7P275134 1C9AZ1476XG148026 1D9AU7040PB019079 1D9AU7040PB019082 1D9AU7040PB019096 1D9AU7041PB018975 1D9AU7041RB019434 1D9AU7042PB019083 1D9AU7042RB019300 1D9AU7044PB018971 1D9AU7044RB019296 1D9AU7044RB019363 1D9AU7045PB019255 Mfr. BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN COTTRELL DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN Model

C75 9100 9100

C75 9100 C75 C75 CS-12M3 R77 R77 R77 R77 R77 R77 R77 R77 R77 R77

70761 70807 70756 70618 70686 70735 70778 70558 70725 73838 78077 77983 78075 78031 78059 78025 78043 78047 78027 73413 73399 73381 73409 73415 73401 73383 73411 73417 73385 73403 73419 73387 73393 73421 73389 73395 73407 73391 73397 78495 89037 71670 96267 71477 71679 90226 61380 5218 5210 5258

1D9AU7047PB019239 1D9AU7047RB019289 1D9AU7048PB019248 1D9AU7049PB019081 1D9AU7049PB019145 1D9AU7049PB019212 1D9AU7049RB019259 1D9AU704XPB018974 1D9AU704XPB019154 1TRDA2489HR000056 2FZHAZAS43AK37557 2FZHAZAS44AM87740 2FZHAZAS53AK37566 2FZHAZAS54AM87777 2FZHAZAS63AK37589 2FZHAZAS64AM87786 2FZHAZAS93AL63137 2FZHAZAS93AL63140 2FZHAZASX4AM87774 2FZHAZCV04AN26850 2FZHAZCV15AN26843 2FZHAZCV24AN26834 2FZHAZCV24AN26848 2FZHAZCV24AN26851 2FZHAZCV35AN26844 2FZHAZCV44AN26835 2FZHAZCV44AN26849 2FZHAZCV44AN26852 2FZHAZCV45AN26836 2FZHAZCV55AN26845 2FZHAZCV64AN26853 2FZHAZCV65AN26837 2FZHAZCV65AN26840 2FZHAZCV84AN26854 2FZHAZCV85AN26838 2FZHAZCV85AN26841 2FZHAZCV95AN26847 2FZHAZCVX5AN26839 2FZHAZCVX5AN26842 2FZHCMCV69AAC8185 4RCAC7044TB019963 4RCAC7049VB010226 4RCAE706XVB010163 4RCAG7042TB019982 4RCAG7049TB010017 4V2PCBPF0SR702827 4V2PCBPF5SR707330 4V5PC8RF01N315624 4V5PC8RF11N315616 4V5PC8RF11N315664

DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN STUART STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING TRUCKS STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING CCI CCI CCI CCI CCI WHITEGMC VOLVO VOLVO VOLVO VOLVO

R77 R77 R77 R77 R77 R77

R77 LT9500 LT9500 LT-9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 B36 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LC 2877A 7000 6000 6000 55 WAH 64 WAH64 WAH64 WAH64

5242 5245 5276 5213 5261 5336 1915 1911 7064 1218 1210 01336 1242 1258 1261 1213 1245

4V5PC8RF31N315648 4V5PC8RF31N315651 4V5PC8RF31N315682 4V5PC8RF71N315619 4V5PC8RF71N315667 4V5PC8RF91N322443 4VHPCBPF3XN763366 4VHPCBPF6XN763362 4VHPCBUF9XN788731 5E0AC14401G002810 5E0AC14411G002802 5E0AC14421G003585 5E0AC14431G002834 5E0AC14461G003167 5E0AC14461G003170 5E0AC1447G002805 5E0AC14491G002837

VOLVO VOLVO VOLVO VOLVO VOLVO VOLVO VOLVO VOLVO VOLVO COTTRELL COTTRELL COTTRELL COTTRELL COTTRELL COTTRELL COTTRELL COTTRELL

WAH64 WAH64 WAH64 WAH64 WAH64 WAH64 WAH64 WAH64 WAH64 C-7511 C-7511 Q7512 C-7511 C-7511 C-7511 C-7511 C-7511

EXHIBIT B Proposed Order

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: ALLIED SYSTEMS HOLDINGS, INC., et al.,1 Debtors. ) ) ) ) ) ) ) Chapter 11 Case No. 12-11564 (CSS) (Jointly Administered) Related Docket Nos. 230, 369

ORDER APPROVING STIPULATION EXTENDING THE TIME FOR THE CREDITORS COMMITTEE TO COMPLETE ITS LIEN INVESTIGATION WITH RESPECT TO CERTAIN DISPUTED ASSETS AND TO COMMENCE A CHALLENGE RELATED THERETO This Court having considered the Stipulation Extending the Time for the Creditors Committee to Complete Its Lien Investigation With Respect to Disputed Assets and to Commence a Challenge Related Thereto (the Stipulation) between the Official Committee of Unsecured Creditors, the Debtors2 and Yucaipa attached hereto as Exhibit 1; the court having determined that good and adequate cause exists for approval of the Stipulation; and the Court having determined that no further notice of the Stipulation must be given; it is hereby ORDERED that the Stipulation is approved. Dated: September ___, 2012 Wilmington, Delaware

CHRISTOPERH S. SONTCHI UNITED STATES BANKRUPTCY JUDGE

The debtors in the above-captioned cases (collectively, the Debtors), along with the federal tax identification number (or Canadian business number where applicable) for each of the Debtors, are: Allied Systems Holdings, Inc. (58-0360550); Allied Automotive Group, Inc. (58-2201081); Allied Freight Broker LLC (592876864); Allied Systems (Canada) Company (90-0169283); Allied Systems, Ltd. (L.P.) (58-1710028); Axis Areta, LLC (45-5215545); Axis Canada Company (87568828); Axis Group, Inc. (58-2204628); Commercial Carriers, Inc. (38-0436930); CT Services, Inc. (38-2918187); Cordin Transport LLC (38-1985795); F.J. Boutell Driveaway LLC (38-0365100); GACS Incorporated (58-1944786); Logistic Systems, LLC (45-4241751); Logistic Technology, LLC (45-4242057); QAT, Inc. (59-2876863); RMX LLC (31-0961359); Transport Support LLC (38-2349563); and Terminal Services LLC (91-0847582). The location of the Debtors corporate headquarters and the Debtors address for service of process is 2302 Parklake Drive, Bldg. 15, Ste. 600, Atlanta, Georgia 30345. 2 Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Stipulation.

Exhibit 1 Stipulation

IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re: ALLIED SYSTEMS HOLDINGS, INC., et al.,8 Debtors. ) ) ) ) ) ) ) Chapter 11 Case No. 12-11564 (CSS) (Jointly Administered) Related Docket Nos. 230, 369

STIPULATION EXTENDING THE TIME FOR THE CREDITORS COMMITTEE TO COMPLETE ITS LIEN INVESTIGATION WITH RESPECT TO CERTAIN DISPUTED ASSETS AND TO COMMENCE A CHALLENGE RELATED THERETO WHEREAS, on July 12, 2012, the Court entered the Final Order Pursuant to 11 U.S.C. 105, 361, 362, 363(c), 364(c)(1), 364(c)(2), 364(c)(3), 364(e), 503(b) and 507(a), Fed. R. Bankr. P. 2002, 4001 and 9014 and Del. Bankr. L.R. 4001-2: (I) Authorizing Debtors to (A) Obtain Postpetition Secured DIP Financing And (B) Use Cash Collateral; (II) Granting Superpriority Liens and Providing for Superpriority Administrative Expense Status; (III) Granting Adequate Protection to Prepetition Secured Lenders; And (IV) Modifying Automatic Stay (D.I. 230) (the DIP Order);9 WHEREAS, pursuant to paragraph 12(b) of the DIP Order, the Official Committee of Unsecured Creditors (the Committee) and all non-debtor parties in interest have the right to file a complaint pursuant to Bankruptcy Rule 7001, or assert a setoff, claim, offset or defense that seeks to invalidate, subordinate, recharacterize any of the Prepetition Lender Liens,

The debtors in the above-captioned cases (collectively, the Debtors), along with the federal tax identification number (or Canadian business number where applicable) for each of the Debtors, are: Allied Systems Holdings, Inc. (58-0360550); Allied Automotive Group, Inc. (58-2201081); Allied Freight Broker LLC (592876864); Allied Systems (Canada) Company (90-0169283); Allied Systems, Ltd. (L.P.) (58-1710028); Axis Areta, LLC (45-5215545); Axis Canada Company (87568828); Axis Group, Inc. (58-2204628); Commercial Carriers, Inc. (38-0436930); CT Services, Inc. (38-2918187); Cordin Transport LLC (38-1985795); F.J. Boutell Driveaway LLC (38-0365100); GACS Incorporated (58-1944786); Logistic Systems, LLC (45-4241751); Logistic Technology, LLC (45-4242057); QAT, Inc. (59-2876863); RMX LLC (31-0961359); Transport Support LLC (38-2349563); and Terminal Services LLC (91-0847582). The location of the Debtors corporate headquarters and the Debtors address for service of process is 2302 Parklake Drive, Bldg. 15, Ste. 600, Atlanta, Georgia 30345. 9 Capitalized terms used but not defined herein shall have the meanings ascribed to them in the DIP Order.

Prepetition Secured Claims or the actions taken by any Prepetition Secured Party in its capacity as such (a Challenge Action), provided that any Challenge Action by the Committee challenging the perfection of any applicable lien must be brought on or before the later to occur of seventy-five (75) days after the Consent Date and sixty (60) days after the formation of the Committee; WHEREAS, on August 22, 2012, the Court entered the Stipulation and Order Regarding Extension of the Creditors Committees Challenge Period (D.I. 369) (the First Stipulation and Order) between the Committee, the Debtors, and Yucaipa American Alliance Fund II, LLC (together with its affiliated funds, Yucaipa), as DIP Agent and a DIP Lender under the Senior Secured Super-Priority Debtor in Possession Credit and Guaranty Agreement dated as of June 11, 2012 and purported successor Prepetition First Lien Agent, amending paragraph 12(b)(i) of the DIP Order, so that the Committee would have until the later to occur of one hundred and five (105) days after the Consent Date and ninety (90) days after the formation of the Committee to file a Challenge Action challenging the perfection of any lien; WHEREAS, at the request of the Committee, the Debtors and Yucaipa, as DIP Agent and the purported successor Prepetition First Lien Agent, consent to grant solely to the Committee, a further limited extension (as specifically set forth herein) of the Challenge Period Termination Date to commence a Challenge Action with respect to the perfection of any applicable lien relating to the specific disputed assets (the Disputed Assets) set forth in Exhibit 1 to this stipulation (this Stipulation): NOW, THEREFORE, it is hereby stipulated and agreed by and between the Committee, the Debtors and Yucaipa, as DIP Agent and the purported successor Prepetition First Lien Agent

(each, a Party, and collectively, the Parties), as indicated by the signatures of their respective authorized representative below that: 9. The Challenge Period for the Committee, as set forth in section (b)(i) of paragraph

12 of the DIP Order, and as amended by the First Stipulation and Order, to commence a Challenge Action with respect to the perfection of any applicable lien relating to the Disputed Assets shall be, and hereby is extended through and including October 23, 2012. 10. Nothing contained herein shall act to modify the Challenge Period for any other

purpose, including the Challenge Period for challenging the perfection of any applicable lien relating to any other property of the Debtors not described above as the Disputed Assets (the Remaining Assets). 11. Nothing contained herein shall act to waive or prejudice either: (a) the

Committees right to seek such other and further extensions as it deems necessary and appropriate; (b) the Committees right to seek to use Cash Collateral in excess of the cap imposed on the Committee Challenge Fees as set forth in paragraph 12(d) of the DIP Order to investigate and prosecute any Challenge Action; or (c) the right of any other Party to object to the Committees request(s) for such an extension, or use of Cash Collateral. 12. Except as expressly set forth herein or in any other applicable order of this Court,

the Parties agree that this Stipulation does not otherwise affect any term or provision of the DIP Order, and that the DIP Order otherwise remains in full force and effect. For avoidance of doubt, nothing herein limits the Committees rights to bring a Challenge Action for any reason other than the perfection of any applicable lien. 13. This Stipulation may be executed in one or more counterparts, each of which shall

be deemed an original, and all of which, when taken together, shall constitute one and the same

document. Signatures transmitted by facsimile or other electronic transmission shall be sufficient to constitute execution by the parties hereto. 14. This Stipulation contains the entire agreement between the Parties as to the

subject matter hereof, and all understandings, agreements and communications prior to the date hereof, whether express or implied, oral or written, relating to the subject matter hereof are fully and completely extinguished and superseded by this Stipulation. This Stipulation shall not be altered, amended, modified or otherwise changed, and the rights hereunder may not be waived, except by a writing dated subsequent to the date hereof and duly signed by each of the Parties. 15. This Stipulation is effective upon filing without further order of Court and shall

not be modified, altered, amended or vacated without written consent of all parties hereto, subject to Court approval.

16.

This Court shall retain jurisdiction over all matters arising from or related to the

interpretation or implementation of this Stipulation. AGREED TO AND ACCEPTED BY: Date: September 22, 2012 Wilmington, Delaware SULLIVAN HAZELTINE ALLINSON LLC

/s/ William A. Hazeltine William D. Sullivan (No. 2820) William A. Hazeltine (No. 3294) 901 North Market Street, Suite 1300 Wilmington, DE 19801 Tel: (302) 428-8191 Fax: (302) 428-8195 and SIDLEY AUSTIN LLP

/s/ Dennis Kao Michael G. Burke Brian J. Lohan Dennis Kao 787 Seventh Avenue New York, NY 10019 Tel: (212) 839-5300 Fax: (212) 839-5599 Matthew A. Clemente One South Dearborn Street Chicago, IL 60603 Tel: (312) 853-7000 Fax: (312) 853-7036 Counsel for the Official Committee of Unsecured Creditors

Date: September 22, 2012 Wilmington, Delaware

YOUNG CONAWAY STARGATT & TAYLOR, LLP Michael R. Nestor (No. 3526) Joseph M. Barry (No. 4221) Rodney Square 1000 North King Street Wilmington, DE 19801 Tel: (302) 571-6600 Fax: (302) 571-1253 and LATHAM & WATKINS LLP

/s/ Robert A. Klyman Robert A. Klyman (admitted pro hac vice) Gregory O. Lunt (admitted pro hac vice) 355 South Grant Avenue Los Angeles, CA 90071-1560 Tel: (213) 485-1234 Fax: (213) 891-8763 Counsel for Yucaipa American Alliance Fund II, LLC and its affiliated funds

Date: September 22, 2012 Wilmington, Delaware

RICHARDS, LAYTON & FINGER, P.A. Mark D. Collins (No. 2981) Christopher M. Samis (No. 4909) Andrew C. Irgens (No. 5193) Marisa A. Terranova (No. 5396) One Rodney Square 920 North King Street Wilmington, DE 19801 Tel: (302) 651-7700 Fax: (302) 651-7701 and TROUTMAN SANDERS LLP

/s/ Ezra H. Cohen Jeffrey W. Kelley (admitted pro hac vice) Ezra H. Cohen (admitted pro hac vice) Carolyn P. Richter (admitted pro hac vice) Matthew R. Brooks (admitted pro hac vice) Benjamin R. Carlsen (admitted pro hac vice) Bank of America Plaza 600 Peachtree Street, Suite 5200 Atlanta, GA 30308-2216 Tel: (404) 885-3000 Fax: (404) 885-3900 Counsel for the Debtors

Exhibit 1 Disputed Assets

Disputed Assets The following purported assets of the Debtors are assets that the Committee currently disputes are subject to a perfected security interest in favor of the Prepetition Lenders: I. Certain equity interests

The Debtors ownership interest in: Leader Logistics, LLC Haul Insurance Limited - [Cayman] AX International Limited - [Bermuda] Axis Operadora Hermosillo S.A. de C.V. [Mexico] Axis Operadora Mexico, S.A. de C.V. [Mexico] Axis Operadora Guadalajara, S.A. de C.V. [Mexico] Axis Operadora Monterrey, S.A. de C.V. [Mexico] Axis Logistica, S. de R.L. de C.V. [Mexico] Arrendadora de Equipo Para El Transporte de Automoviles S. de R.L. de C.V. [Mexico] II. Real Estate

The following U.S. properties: 83 Nickerson Road, Ashland, MA 01721 75 Ransier Driver, West Seneca, NY 14224 19550 Smokey Road, Marysville, OH 43040 111 Burroughs Avenue, Cayce, SC 29169 2355 Frisco Avenue, Memphis, TN 38114 335 Old Hwy. 67 North, Midlothian, TX 76065 1500 Winder Highway, #8 in Dacula, County of Gwinnett, Georgia 25 Southside Industrial Parkway in Hapeville, in the county of Fulton and in the county of Clayton, Georgia 1240 & 1241 Claycomo Road in Kansas City, county of Clay, Missouri 12502 Fogwell Parkway in Roanoke, county of Alan, Indiana 9450 Ideal Avenue South in Cottage Grove, county of Washington, Minnesota Property(ies) located in the city of Dearborn, county of Wayne, Michigan

III.

Deposit Accounts

The following deposit accounts:

Debtor Allied System Holdings, Inc. Allied Systems, Ltd. Allied Systems, Ltd. Axis Group Inc. Logistics Technology LLC Logistics Systems LLC

Name of Depository Bank Bank of America Fidelity National Bank Bank of America Fidelity National Bank Fidelity National Bank Fidelity National Bank Fidelity National Bank

Account Number10

Account Name DDA/Benefits Imprest Distribution Account Convenience Escrow Convenience Convenience Convenience Investment Account Imprest Concentration Account Convenience Convenience CDA CDA CDA CDA DDA CDA CDA CDA Convenience Convenience

AXIS ARETA LLC Allied Systems, Ltd. Allied Systems Holdings, Inc. Allied Systems, Ltd. FJB Allied Systems Holdings, Inc. Allied Systems Holdings, Inc. Allied Automotive Group Allied Automotive Group Allied Automotive Group Allied Automotive Group Axis Group, Inc. Axis Group, Inc. Allied Systems LTD Allied Systems LTD

Fidelity National Bank Fidelity National Bank First Bank- Wentzville M&I Bank of Janesville Bank of America Bank of America Bank of America Bank of America Bank of America Bank of America Bank of America Bank of America Wells Fargo Wells Fargo

10

Account numbers are omitted for confidentiality purposes.

Allied Systems LTD Allied Systems LTD Allied Systems Holdings, Inc. Allied Systems Holdings, Inc. Allied Systems Holdings, Inc. Allied Systems Holdings Inc

The Ohio State Bank PNC Bank First Citizens Bank Wells Fargo Fidelity National Bank Commerce Bank

Convenience Convenience CDA/Benefits Trust Acct for Natl Indemnity Insurance CD collateralizing State of Florida LOC Treasury Bond Collateralizing State of Missouri Workers Comp

IV.

Motor Vehicles

The following motor vehicles:

UNIT # 78048 78032 76218 76124 76204 76150 78044 77984 78028 76212 76126 76196 77116 78026 76146 4653 70616 70619 70633 70559 89031 70620 97031 70555 70813 70829 70774 VIN 1B9CS45203P275203 1B9CS45224P275396 1B9CS45226P275093 1B9CS45227P275113 1B9CS45236P275085 1B9CS45237P275136 1B9CS45253P275200 1B9CS45274P275359 1B9CS45274P275393 1B9CS45276P275090 1B9CS45276P275975 1B9CS45286P275082 1B9CS45287P275374 1B9CS452X4P275405 1B9CS452X7P275134 1C9AZ1476XG148026 1D9AU7040PB019079 1D9AU7040PB019082 1D9AU7040PB019096 1D9AU7041PB018975 1D9AU7041RB019434 1D9AU7042PB019083 1D9AU7042RB019300 1D9AU7044PB018971 1D9AU7044RB019296 1D9AU7044RB019363 1D9AU7045PB019255 Mfr. BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN BOYDSTUN COTTRELL DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN Model

C75 9100 9100

C75 9100 C75 C75 CS-12M3 R77 R77 R77 R77 R77 R77 R77 R77 R77 R77

70761 70807 70756 70618 70686 70735 70778 70558 70725 73838 78077 77983 78075 78031 78059 78025 78043 78047 78027 73413 73399 73381 73409 73415 73401 73383 73411 73417 73385 73403 73419 73387 73393 73421 73389 73395 73407 73391 73397 78495 89037 71670 96267 71477 71679 90226 61380 5218 5210 5258

1D9AU7047PB019239 1D9AU7047RB019289 1D9AU7048PB019248 1D9AU7049PB019081 1D9AU7049PB019145 1D9AU7049PB019212 1D9AU7049RB019259 1D9AU704XPB018974 1D9AU704XPB019154 1TRDA2489HR000056 2FZHAZAS43AK37557 2FZHAZAS44AM87740 2FZHAZAS53AK37566 2FZHAZAS54AM87777 2FZHAZAS63AK37589 2FZHAZAS64AM87786 2FZHAZAS93AL63137 2FZHAZAS93AL63140 2FZHAZASX4AM87774 2FZHAZCV04AN26850 2FZHAZCV15AN26843 2FZHAZCV24AN26834 2FZHAZCV24AN26848 2FZHAZCV24AN26851 2FZHAZCV35AN26844 2FZHAZCV44AN26835 2FZHAZCV44AN26849 2FZHAZCV44AN26852 2FZHAZCV45AN26836 2FZHAZCV55AN26845 2FZHAZCV64AN26853 2FZHAZCV65AN26837 2FZHAZCV65AN26840 2FZHAZCV84AN26854 2FZHAZCV85AN26838 2FZHAZCV85AN26841 2FZHAZCV95AN26847 2FZHAZCVX5AN26839 2FZHAZCVX5AN26842 2FZHCMCV69AAC8185 4RCAC7044TB019963 4RCAC7049VB010226 4RCAE706XVB010163 4RCAG7042TB019982 4RCAG7049TB010017 4V2PCBPF0SR702827 4V2PCBPF5SR707330 4V5PC8RF01N315624 4V5PC8RF11N315616 4V5PC8RF11N315664

DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN DELAVAN STUART STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING TRUCKS STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING STERLING CCI CCI CCI CCI CCI WHITEGMC VOLVO VOLVO VOLVO VOLVO

R77 R77 R77 R77 R77 R77

R77 LT9500 LT9500 LT-9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 B36 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LT9500 LC 2877A 7000 6000 6000 55 WAH 64 WAH64 WAH64 WAH64

5242 5245 5276 5213 5261 5336 1915 1911 7064 1218 1210 01336 1242 1258 1261 1213 1245

4V5PC8RF31N315648 4V5PC8RF31N315651 4V5PC8RF31N315682 4V5PC8RF71N315619 4V5PC8RF71N315667 4V5PC8RF91N322443 4VHPCBPF3XN763366 4VHPCBPF6XN763362 4VHPCBUF9XN788731 5E0AC14401G002810 5E0AC14411G002802 5E0AC14421G003585 5E0AC14431G002834 5E0AC14461G003167 5E0AC14461G003170 5E0AC1447G002805 5E0AC14491G002837

VOLVO VOLVO VOLVO VOLVO VOLVO VOLVO VOLVO VOLVO VOLVO COTTRELL COTTRELL COTTRELL COTTRELL COTTRELL COTTRELL COTTRELL COTTRELL

WAH64 WAH64 WAH64 WAH64 WAH64 WAH64 WAH64 WAH64 WAH64 C-7511 C-7511 Q7512 C-7511 C-7511 C-7511 C-7511 C-7511