Copart, Inc. (NASDAQ:CPRT) and uShip 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 U.S. 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."
To request an interview with Mr.
Chasen, please contact Mickey Millsap at (800) 698-7447, ext. 102 or
e-mail him at ushippress@uship.com. To request an interview with an
available Copart senior executive, please contact Marla Pugh, Copart's
Communications Manager, at (707) 639-5185 or at marla.pugh@copart.com.
High resolution images are available upon request.
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.
Read this article at International Business Times.