AmeriQuest Transportation Services Among New Jersey's Fastest-Growing Companies

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For the second year in a row, AmeriQuest Transportation Services in Cherry Hill made the list of New Jersey's 50 fastest-growing companies, with 2010 revenue of $359 million. The firm provides fleet management services to companies that own, operate, or outsource trucking and logistics operations.

Doug Clark, President & CEO, AmeriQuest Transportation Services, Cherry Hill, NJ

"Being ranked at No. 18 proves that the services we provide are highly valued."

AmeriQuest Transportation Services in Cherry Hill has been ranked as New Jersey’s 18th fastest-growing company. NJBIZ, a statewide business newspaper, cited 50 businesses that demonstrated significant revenue and percentage growth over a four-year period.

AmeriQuest, the privately owned corporation formed by Doug Clark in 1997, has been a leading provider of comprehensive fleet management services to companies that own, operate, or outsource trucking and logistics operations in the U.S. and Canada. Sales revenue in 2009 was reported at $359 million.

“Being ranked at No. 18 proves that the services we provide are highly valued,” Clark said. He pointed to the fact that AmeriQuest continued to grow in 2010 in both the number of employees and the breadth of services, including the acquisition of CURE Leasing & Maintenance, a provider of financing and maintenance services to companies using independent contractors as part of their transportation programs.

In order to be eligible for nomination, companies needed to show revenue of at least $500,000 in each of the fiscal years ending 2006, 2007, 2008, and 2009 and show revenue growth in 2009, as compared to 2006 (a four-year period). Eligible companies were to be for-profit entities headquartered in New Jersey.

Presenting sponsor, Rothstein Kass, calculated the nominations and then ranked the companies according to revenue growth over the four-year period of 2006-2009. Both dollar and percentage increases were taken into consideration. This ranking formula led to recognition of the 2010 New Jersey’s Fifty Fastest Growing Companies consisting of both large and small companies.

About AmeriQuest Transportation Services
AmeriQuest, headquartered in Cherry Hill, NJ, is a leading provider of comprehensive fleet management services. By leveraging the strength of more than 700,000 vehicles, AmeriQuest delivers savings, expertise, and opportunities to its private fleet and truckload carrier members. AmeriQuest provides supply management services, asset management services, material handling services, financing, technology products, and outsourced transportation management services such as full service leasing, integrated logistics, and contract maintenance. More information can be found at ameriquestcorp.com.

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Elva Legere Clements
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