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PRESS RELEASE

AmeriQuest Receives Third Recognition for the “South Jersey 25 Fastest Growing Private Companies”

June 21, 2005, Cherry Hill, NJ —AmeriQuest Transportation and Logistics Resources Corp. is pleased to announce its inclusion for the third year in the Philadelphia Business Journal’s “South Jersey 25.” For the past ten years, the “South Jersey 25” has recognized the 25 fastest-growing privately held companies in southern New Jersey. The Center for Innovation and Entrepreneurship at Rowan University, a “South Jersey 25” partner, calculated growth in terms of revenue of participating companies over three years. The Center then ranked the companies according to percentage of revenue growth from the first to the third year.

Rich Spotts, CFO, Frank Daley, VP, Rental and Leasing, and Kate Donahue, Marketing Manager represented AmeriQuest at this event. “It’s an honor just to be nominated but to again be in the top 25 recipients shows that AmeriQuest is in league with companies where success is cultivated year after year,” stated Rich Spotts , Chief Financial Officer for AmeriQuest when accepting the award.

The Philadelphia Business Journal honored the winners and revealed the rankings at a luncheon on Thursday, June 16 th at The Mansion in Voorhees, NJ. Guests included executives and employees from the winning companies, sponsors, and members of the South Jersey business community. The “ South Jersey 25” is a product of cooperation the between Philadelphia Business Journal, the Center for Innovation and Entrepreneurship at Rowan University, Capehart Scatchard Attorneys at Law, PNC Bank, and the Chamber of Commerce of Southern New Jersey.

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 The Philadelphia Business Journal
The Philadelphia Business Journal is the regions local business news source providing a weekly newspaper, daily Web updates and a series of events that bring people together. It is a part of the American City Business Journals with 41 publications across the nation. The Center for Innovation and Entrepreneurship at Rowan University is a multi-disciplinary, University-wide Center that promotes innovative thinking and an entrepreneurial view of opportunity recognition and realization.