AmeriQuest ranked among fastest-growing private U.S. firms

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Inc. magazine recently announced that AmeriQuest Transportation and Logistics Resources is included on its first-ever Inc. 5,000 list of the fastest-growing private companies in the country. The Inc. 5,000, an extension of Inc.‘s annual Inc. 500 list, highlights the fastest-growing privately held businesses in America. AmeriQuest’s ranking is 1,668.

“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy — the entrepreneurial part,” says Jim Melloan, Inc. 5,000 project manager. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like manufacturing and construction that are underreported in the business media.”

The 2007 Inc. 5000 list measures revenue growth from 2003 through 2006. To qualify, companies had to be U.S.-based and privately held; independent — not subsidiaries or divisions of other companies — as of Dec. 31, 2006; and have had at least $200,000 in revenue in 2003, and $2 million in 2006.

AmeriQuest Transportation and Logistics Resources, headquartered in Cherry Hill, N.J., provides fleet management services throughout North America. Doug Clark, president and chief executive officer, credits the company’s patented “collective” business model with propelling the company into the rarified triple-digit growth area. “By leveraging the strength of over 700,000 vehicles, AmeriQuest is able to aggregate the buying power for its private fleet, common carrier and lease/rental members, driving their costs down and helping them to remain competitive,” Clark says. “In addition, we have been very proactive in making strategic acquisitions and expanding our service capabilities to continually improve the quality and scope of our offering.”

Complete information on this year’s Inc. 5,000 can be found at www.inc.com/inc5000. The list features a profile for each company, almost all of them written as a result of Inc. interviews with management. In addition, the list is searchable according to numerous criteria, including industry, city, state, region and year founded. Leading the list of the fastest-growing companies in the nation is the Midwest region, with 1,046 of the fastest-growing companies.