This is the second Internet firm purchased by Cherry Hill, NJ-based AmeriQuest. It bought FleetXchange, an Internet-based purchasing consortium for trucking fleets, in February 2001.
AmeriQuest said those acquisitions are an important part of its growth strategy as it seeks to offer a wider array of online business services for trucking operations, such as electronic part ordering, billing, etc. The company currently provides an array of truck leasing services through 450 locations, managing some 230,000 trucks under lease.
McLean, VA-based Corcentric will function as a stand-alone enterprise, said AmeriQuest, called Corcentric Collective Business Systems. Charlie Floto, who served as president of Corcentric, will continue to manage the new organization, the company added.
