The frequency belongs to Newport Corporate Car, Atlantic City. It's part of a trunk system. Here are all of the frequencies in the system: 935.950, 936.1625, 936.7125, 936.7375, 937.8875, 937.900. There is also another set of trunk system frequencies licensed to them: 896.950, 897.1625, 897.7125, 897.7375, 898.8875, 898.900. I got this info from the FCC Database.
938.95625 doesn't come up as a valid frequency. Double check it if you see something that resembles it again.