(Austin, TX –
JAN. 7, 2009) uShip.com and Copart, Inc. (NASDAQ:CPRT) announced today they
have entered into an agreement to feature uShip as a preferred transport
solution for Copart’s buyers on www.copart.com,
which accounts for more than 1 million vehicles sold annually. uShip is an
online shipping marketplace that enables users to find the best transport
companies and prices for transporting hard-to-ship items such as cars, boats,
freight and furniture.
The agreement enables
Copart customers to estimate transport costs for specific vehicles using uShip’s
Shipping Price Estimator, a uShip innovation that calculates average prices
paid by other uShip members for comparable shipments. Using the Shipping Price
Estimator, prospective buyers can instantly get an accurate estimate of the
cost to ship a vehicle anywhere in the US and Canada.
After purchasing a vehicle
from Copart, buyers can easily import the vehicle details into the uShip
marketplace to receive competing quotes from feedback-rated transport
companies. Copart buyers will be able to save significantly on transport
costs using uShip's reverse-auction format and search functionality, which
dramatically reduce shipping costs by enabling service providers to find
shipments along their routes and fill empty cargo space.
According to uShip and
Copart customer R. Michael Ferrell of Vanguard Auto Sales in Scottsdale, AZ,
uShip’s shipping marketplace provides a perfect complement to Copart.
“I needed an engine for a
C5 Corvette and finally found one through Copart, but it was located in California. The
car was extremely damaged and did not roll – I was afraid that no one would be
willing to ship it,” Ferrell said. “I’ve had trouble in the past shipping
damaged cars. I decided to list the car on uShip to see what options were
available. The car was picked up on-time and delivered for no more than the
cost of a non-wrecked car. In the past, when we needed to ship a car we
purchased, it was a challenge finding someone to do it on our timetable. Now we
just create a free listing on uShip.com, and we are always able to find multiple
options and great prices.”
uShip CEO Matt Chasen believes
the new agreement will bring the practice of shipping remarketed vehicles to
the next level. “Copart’s massive inventory and legendary customer service,
combined with our network of quality transportation providers will create the
best possible experience for those who need to move vehicles and equipment all
over the country. With the difficult economy, customers are watching every
cent, and we’re here to help connect them with a transport company that can get
the job done for the best possible price.”
Copart President A. Jayson
Adair said connecting customers with uShip is the latest example of how Copart
continues to lead the industry in simplifying and streamlining the remarketing
process. “More than 100,000 buyers from more than 100 countries use Copart to
purchase vehicles not only because we offer one of the largest selections of
vehicles available anywhere, but because we are constantly introducing new
innovations designed to improve the speed, efficiency, and convenience of
purchasing vehicles online. Adding uShip’s shipping tools and services into www.copart.com is
one of those innovations – and we are happy to be working with them to help our
buyers become even more efficient and successful.”
Founded in 2003, uShip is
the first and largest online marketplace for shipping services. Members list
anything they need shipped, from household goods to vehicles to freight, and
receive bids from thousands of feedback-rated service providers, including movers,
carriers, transporters, van lines, freight brokers and independent service
providers. On any given day, there are thousands of shipments listed on uShip
representing millions of dollars of business. It's completely free for members
to list shipments and for service providers to place bids. uShip's
reverse-auction format and patent-pending search technology dramatically reduce
shipping costs by allowing service providers to find shipments along their
routes and fill empty cargo space. uShip's feedback system holds service
providers accountable for their service and rewards those that perform well.
Please visit www.uship.com
for more information.
ABOUT COPART, INC.
Copart, founded in 1982,
provides vehicle sellers with a full range of remarketing services to process
and sell salvage and clean title vehicles to dismantlers, rebuilders, dealers,
exporters and, in some states, to end users.
Copart remarkets the vehicles through Internet sales utilizing its
proprietary VB2 technology. Copart sells vehicles on behalf of
insurance companies, banks, finance companies, fleet operators, dealers, the
general public and others. The company currently operates
145 facilities in the United States,
Canada and the United Kingdom.
Salvage vehicles are either damaged vehicles deemed a total loss for insurance
or business purposes or are recovered stolen vehicles for which an insurance
settlement with the vehicle owner has already been made. For more information,
or to become a registered buyer, visit www.copart.com.