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PRESS RELEASE

AmeriQuest Named to Inc. 500 List of America's Fastest Growing Private Companies

New York, (October 1, 2003) - AmeriQuest® Transportation and Logistics Resources Corp was listed in the 22nd annual Inc. 500 ranking of the fastest-growing private companies in the country by Inc. Magazine, the premier publication for small and medium-sized businesses, today. Cherry Hill, NJ-based AmeriQuest, a leading provider of services to the fleet management industry, was ranked No. 284, with a five-year sales growth of 624%.

"The AmeriQuest team is proud of our growth record, and we are now working hard to surpass it in the coming years by delivering new and valuable services to our users," said Doug Clark, president & CEO of AmeriQuest. "We are constantly developing new programs to bolster our relationships with vendors and customers alike in an effort to make the supply chain more efficient."

The Inc. 500 ranks privately held companies according to sales growth over the past five years. With 75% of all new job creation in the U.S. coming from small businesses, the Inc. 500 is a prescient indicator of the companies and industries that are driving the economy forward.

"The entrepreneurs you'll find on the Inc. 500 have the type of attitude we need to get this economy moving again," said Inc. editor-in-chief John Koten. "For them, a tough market is not an excuse for poor performance, but an opportunity to innovate and rise above the competition."

Koten added that the Inc. 500 is proof that tenacious businesspeople can succeed without the benefit of substantial resources. He also said most Inc. 500 founders jumped right into their businesses; 84% started companies without benefit of any formal research.

To be eligible for this year's Inc. 500, companies had to be independent and privately held through their fiscal year 2002, have had at least $200,000 in sales in the base year of 1998, and their 2002 sales had to exceed 2001 sales. Inc. verifies all information using tax forms and financial statements from certified public accountants and by conducting interviews with company officials.

About AmeriQuest Transportation Services
AmeriQuest is a leading provider of comprehensive fleet management services. By leveraging the strength of over 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, 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.

About Inc. Magazine
Inc., the only business magazine dedicated exclusively to owners and managers of fast-growing private companies, delivers real solutions for today's innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing and technology. Inc. is the premier publication that focuses on small-to-medium size businesses, which are responsible for more than half the nation's gross domestic product and 75% of its new jobs. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc., a Gruner + Jahr USA publication, inspires and informs, with cutting edge coverage that reflects our readers' energy, brashness and imagination.