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  Skip Navigation LinksHome > Newsroom > Press Releases > 2006 > AmeriQuest and NationaLease Announce Merger Closing

PRESS RELEASE

AmeriQuest and NationaLease Announce Merger Closing

December 6, 2006, Cherry Hill, NJ — NationaLease Purchasing Corporation (“NPC”) and AmeriQuest Transportation and Logistics Resources Corp. completed their previously announced merger last week when shareholders of both companies offered their overwhelming support by voting in favor of merging the two entities.

As a result of this nearly unanimous support, NPC and AmeriQuest proceeded to close on the merger in the Philadelphia office of Dilworth Paxson LLP. The unified AmeriQuest leasing participants operating under the NationaLease brand has formed the largest leasing organization in North America with more than 700 locations allowing NationaLease to more effectively compete with current industry leaders. In addition, NationaLease now has the largest reciprocal road service network in North America and a stronger, more robust National Account program serving the needs of the unified participants selling full-service leasing, contract maintenance, and dedicated contract carriage throughout North America.

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.

NationaLease Purchasing Corporation, founded in 1985 to serve as a buying corporation for member companies of NationaLease, leverages purchasing volume in excess of $300 million annually.

NationaLease, founded in 1944, has grown to become the largest member-owned network of independent truck leasing companies representing a total fleet of 90,000 vehicles served by a reciprocal service network of more than 700 locations across North America. NationaLease will continue to operate from its Oakbrook Terrace, IL home office.

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Baldwin FiltersCorcentric AP AutomationCummins EnginesCummins FiltrationFreightliner TrucksImperial SuppliesMichelin TiresNationaLeaseRoadranger - Dana EatonShell Lubricants