home  | support  | careers  | contact us  | log in
AmeriQuest Transportation Services
 
  Skip Navigation Links
Skip Navigation Links
Skip Navigation Links
Skip Navigation Links
 
  Skip Navigation Links.
 
 
Share
  Skip Navigation LinksHome > Newsroom > Press Releases > 2007 > First-Ever List of the 5,000 Fastest-Growing Businesses Reports Total Revenue of $194.5 Billion

PRESS RELEASE

First-Ever List of the 5,000 Fastest-Growing Businesses Reports Total Revenue of $194.5 Billion

AmeriQuest Transportation and Logistics Resources Ranks No. 1,668 On The 2007 Inc. 5,000 with Three-Year Sales Growth Of 215.1%

NEW YORK, September 11, 2007 – Inc. ranked AmeriQuest Transportation and Logistics Resources No. 1,668 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. magazine’s annual Inc. 500 list, catches many businesses that are too big to grow at the pace required to make the Inc. 500, as well as a host of smaller firms. Taken as a whole, these companies represent the backbone of the U.S. economy.

“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” said Inc. 5,000 Project Manager Jim Melloan. “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.”

AmeriQuest Transportation and Logistics Resources, headquartered in Cherry Hill, NJ, is no stranger to the Inc. listing of Fastest-Growing Private Companies. In both 2003 and 2005, the company earned a spot on the Inc. 500 list. Its 2007 ranking on the Inc. 5000 further defined it as No. 23 in the Top Companies in Logistics and No. 43 in the Top Companies in Philadelphia-Camden-Wilmington area.

A leading provider of comprehensive fleet management services in North America, President and CEO Doug Clark, 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, ”said Clark. “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.”

The 2007 Inc. 5,000, as revealed online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent. 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.

Hottest Regions for Fastest-Growing Companies
Leading the list of the fastest-growing companies in the nation is the Midwest region with 1,046 of the fastest-growing companies, followed by the West with 884 companies. The Southeast comes in a close third, with 872 companies, followed by the Northeast with 782 companies, and the Mid-Atlantic region with 606 companies.

Hottest Industries for Fastest-Growing Businesses
The largest business category is Construction, with 561 of the fastest-growing companies in this category, followed by Manufacturing with 515 companies, IT services in third with 466 companies, Business Services with 377 companies and Advertising & Marketing with 349 companies round out the top five industries ranked on the 2007 Inc. 5,000.

Industries reporting the highest total revenue in 2006 are Construction ($27.1billion), Manufacturing ($18.6 billion), Health ($13.1 billion), Computers & Electronics ($12.7 billion), and Financial Services ($11.8 billion).

Methodology
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 December 31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006.

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.com
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses more successfully. Information and advice covering virtually every business and management task, including marketing, sales, finding capital, managing people can be found at www.inc.com.

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