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 hauling 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 wait for auction bids.[1]

History

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

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

  • 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

References

  1. ^ Mangalindan, Mylene (2003-03-23). "Consumers Buy Furniture, Even Refrigerators on the Internet". Wall Street Journal. Retrieved 2009-05-08.
  2. ^ Alsever, Jennifer. "A $6 Million Cargo Cult". CNN. Retrieved 11 April 2012.
  3. ^ "Moot Corp Celebrates 25 Years « Texas Magazine". blogs.mccombs.utexas.edu. Archived from the original on 2015-04-02.
  4. ^ Giselle, Greenwood (2005-06-24). "Online shipping startup receives funding". Austin Business Journal. Retrieved 2009-05-08.
  5. ^ "Austin's uShip takes its act to TV". Austin Business Journal. Retrieved 27 October 2012.
  6. ^ Steiner, Ina. "uShip Launches Shipping Price Estimator". AuctionBytes. Retrieved 11 April 2012.
  7. ^ "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.
  8. ^ "Shipping Marketplace uShip Is Now Integrated with eBay Motors". AuctionBytes. Retrieved 11 April 2012.
  9. ^ "Signature Events : Events : Membership : The Greater Austin Chamber of Commerce". austinchamber.com. Retrieved 4 December 2014.
  10. ^ "uShip Company Profile – Inc. 500". Inc.
  11. ^ "Red Herring Top 100 North America".
  12. ^ "Austin Top Workplaces". Austin Statesman.
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