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PRESS RELEASE

AmeriQuest Transportation Services Promotes Jim Guice to Executive Vice President

CHERRY HILL, NJ, July 15, 2010 – AmeriQuest, a leading provider of transportation management services, announced today it has promoted Jim Guice to Executive Vice President. He will report to Doug Clark, President and Chief Executive Officer.

In this new role, Guice will be responsible for the company's Financial Services, Remarketing, and Aggregated Procurement operations, which have experienced record growth over the past two years.

"Under Jim Guice’s leadership, AmeriQuest has experienced phenomenal growth across key areas of the business. In the past year, AmeriQuest has doubled its Aggregated Procurement sales force and tripled its Financial Services sales force. We now have one of the best teams in the industry, and I am confident in Jim’s ability to lead AmeriQuest to record growth targets," says Doug Clark, President and CEO.

"It is clear the services AmeriQuest provides are of significant value and very much in demand," notes Doug Clark. "As we continue to grow, AmeriQuest will be actively seeking to acquire companies that complement our business model."

Prior to his position as Executive Vice President, Jim Guice has served as Senior Vice President of AmeriQuest since 2004. He has more than 35 years of trucking industry leadership experience, including the startup and growth of the nation’s largest independent used truck, tractor, and trailer sales organization. He also spent 28 years in senior management with Ryder System, Inc.

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.