PRESS RELEASE

Contacts:
Kate Donahue
AmeriQuest® Transportation and Logistics Resources Corp.
kdonahue@ameriquestcorp.com

Douglas Clark, President and CEO of AmeriQuest Transportation and Logistics Resources Named Ernst & Young Entrepreneur Of The Year® 2007 Award Finalist in The Greater Philadelphia Region

CHERRY HILL, NJ, June 12, 2007 – AmeriQuest Transportation and Logistics Resources today announced that Douglas Clark, President and Chief Executive Officer, is a finalist for the Ernst & Young Entrepreneur Of The Year® 2007 Award in the Greater Philadelphia Region. According to Ernst & Young, the awards program was designed to recognize outstanding entrepreneurs on a regional, national and global level who are building and leading dynamic, growing businesses. Mr. Clark was selected as a finalist from nearly 40 nominations by a panel of independent judges. Award winners will be announced at a special gala event on Thursday, June 21, 2007 at The Loews Hotel in Philadelphia, PA.

“My passion has been to find a way to provide a platform where small and medium size businesses can compete with the big players in their industry, with access to the best people and technology available,” said Mr. Clark. “AmeriQuest is that platform for the transportation industry, utilizing a patented business model I created where collaboration is the key to driving efficiencies and cost savings out of the supply chain.”

The Ernst & Young Entrepreneur Of The Year awards program celebrates its 21st anniversary this year. Awards are given to entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.

Regional award winners are eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2007 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 17, 2007.

The national Entrepreneur Of The Year celebration is part of Ernst & Young’s Strategic Growth Forum. The overall national Entrepreneur Of The Year award recipient is then considered for the world event held in Monte Carlo.

Sponsors
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are pleased to have Bank of America as the national presenting sponsor, as well as SAP America and the Ewing Marion Kauffman Foundation as national sponsors.

In the Philadelphia region, local sponsors include Morgan Lewis, Pepper Hamilton LLP, Philadelphia Business Journal, Ballard Spahr Andrews & Ingersoll, LLP and Marsh.

AmeriQuest Transportation and Logistics Resources
AmeriQuest Transportation and Logistics Resources is a leading provider of comprehensive fleet management services in North America. By leveraging the strength of over 700,000 vehicles, AmeriQuest delivers savings, expertise and opportunities to its private fleet, common carrier, and lease/rental members. AmeriQuest provides supply management services, asset management services, technology products, and outsourced transportation management services such as full-service leasing, integrated logistics, and contract maintenance.

About the Ernst & Young Entrepreneur Of The Year Awards
The Entrepreneur Of The Year awards program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, the Ernst & Young Entrepreneur Of The Year Award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program, which celebrated its 20th anniversary in 2006, honors entrepreneurs through regional, national and global award programs in over 125 cities and 40 countries.

About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to enhancing the public’s trust in professional services firms and in the quality of financial reporting. Its 114,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on our core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, a U.K. company limited by guarantee, each of which is a separate legal entity. Ernst & Young Global Limited does not provide services to clients. Ernst & Young LLP is a U.S. client-serving member firm of Ernst & Young Global Limited.