AmeriQuest Transport says sales up 2x to $1B
Logistics demand way up at Cherry Hill firm
AmeriQuest Business Services, a Cherry Hill trucking-line support services company that counts global foodmaker Nestle, Mexican bakery giant Bimbo (Bimbo's US HQ is in Montgomery County), trucker Cardinal Logistics, Kraft Foods, bakery operator Mondelez, and McDonald's shipper Reyes Holdings among its clients, says sales doubled in 2013, to $1 billion, from $509 million a year earlier.
The company, which was founded in 1997 by Doug Clark, credits increased financial-services division leasing volume at key clients, increased sales of its "financial process automation service" (Corcentric) by trucking companies and other industries, and increased procurement and maintenance deals.
AmeriQuest Business Services divisions include AmeriQuest Transportation Services, NationaLease, Corcentric and CURE Leasing & Maintenance.