uShip
 | |
| Type of business | Private |
|---|---|
Type of site | Online services auction |
| Available in | Multilingual |
| Founded | 2003 |
| Headquarters | Austin, Texas, U.S. |
| Area served | Worldwide |
| Industry | Internet, Transport |
| URL | www |
| Registration | Required to list, bid and transport items |
uShip, Inc. is an Austin, Texas-based Internet company that operates uShip.com, an online marketplace for shipping services. Individuals and businesses post items they need shipped in a variety of categories, including auto transport, boat shipping, moving services, and the transport of heavy industrial equipment.
Transportation service providers on uShip place competing bids for the right to haul a customer's shipment. For some categories, including boats, autos and less-than-truckload (LTL) freight, customers can select an upfront quote for transport services or enter an acceptable price to be matched with a transporter. Customers can book a shipment immediately from these quotes or opt to wait for auction bids, similar to eBay's "buy it now" feature.[1]
History
[edit]CEO and founder Matthew Chasen developed the business plan for uShip while enrolled in the MBA program at the University of Texas McCombs School of Business with co-founders Jay Manickam and Mickey Millsap.[2] In 2004, the uShip team competed in several business competitions, winning first prize at the University of North Texas, and runner-up at the Venture Labs Investment Competition (formerly the US MOOT Corp Competition) in 2004.[3] Shortly thereafter, uShip.com was launched in the United States and received funding from Benchmark Capital in 2005.[4]
From 2012 to 2015, uShip became the subject of a reality television series aired by A&E known as Shipping Wars, which follows a group of independent shippers who compete to bid on and deliver shipments through uShip.[5]
uShip has developed a Shipping Price Estimator, which provides estimates for transport services based on a weighted average of similar goods transported over similar distances on the uShip marketplace.[6]
Partnerships
[edit]In 2009, uShip entered a partnership with Ritchie Bros. Auctioneers, the world's largest auctioneer of heavy equipment, to provide real-time estimates and quotes for transportation of industrial equipment and vehicles being sold at auctions.[7]
In 2011, eBay Motors began incorporating uShip's Shipping Price Estimator as a vehicle shipping option within all its U.S. auto, motorcycle and power sports listings.[8]
Awards and recognition
[edit]- Greater Austin Business Awards – Environment Category Winner (2011)[9]
- Inc. 500 Fastest-Growing Private Companies (2010)[10]
- Red Herring's North America 100 List (2010)[11]
- Top Workplaces – Austin American Statesman (2010, 2011, 2012)[12]
See also
[edit]References
[edit]- ^ Mangalindan, Mylene (2003-03-23). "Consumers Buy Furniture, Even Refrigerators on the Internet". Wall Street Journal. Retrieved 2009-05-08.
- ^ Alsever, Jennifer. "A $6 Million Cargo Cult". CNN. Retrieved 11 April 2012.
- ^ "Moot Corp Celebrates 25 Years « Texas Magazine". blogs.mccombs.utexas.edu. Archived from the original on 2015-04-02.
- ^ Giselle, Greenwood (2005-06-24). "Online shipping startup receives funding". Austin Business Journal. Retrieved 2009-05-08.
- ^ "Austin's uShip takes its act to TV". Austin Business Journal. Retrieved 27 October 2012.
- ^ Steiner, Ina. "uShip Launches Shipping Price Estimator". AuctionBytes. Retrieved 11 April 2012.
- ^ "Ritchie Bros. Partners with uShip to Offer Quotes". GX. Forester Media. 2009-02-16. Archived from the original on May 26, 2009. Retrieved 2009-06-22.
- ^ "Shipping Marketplace uShip Is Now Integrated with eBay Motors". AuctionBytes. Retrieved 11 April 2012.
- ^ "Signature Events : Events : Membership : The Greater Austin Chamber of Commerce". austinchamber.com. Retrieved 4 December 2014.
- ^ "uShip Company Profile – Inc. 500". Inc.
- ^ "Red Herring Top 100 North America".
- ^ "Austin Top Workplaces". Austin Statesman.
