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Progressive Auto - bidding, export and insurance on cars, trucks and motorcycles
Thank you for your interest in Progressive Auto inc.
Progressive Auto is stock corporation, that has been in business for many years. Our company specialize in transportation and logistic for all kind of municipal,sanitation and industrial machinery, we also provide technical service and parts support.
Progressive Auto can help you with all your needs including locating, buying and shipping cargo worldwide.
With us we ensure you will have the confidence that you have obtained the best possible price that the market has to offer and your products is reliable and most of all beneficial.
Please visit us at our location or call us toll free at 1(877)-5 BIDDER. Let us know how we can help you today by e-mailing: sales@progressiveauto.us with any questions or comments you may have. We are open Monday to Saturday 9 am - 5 pm Eastern time.
Progressive Auto is stock corporation, that has been in business for many years. Our company specialize in transportation and logistic for all kind of municipal,sanitation and industrial machinery, we also provide technical service and parts support.
Progressive Auto can help you with all your needs including locating, buying and shipping cargo worldwide.
With us we ensure you will have the confidence that you have obtained the best possible price that the market has to offer and your products is reliable and most of all beneficial.
Please visit us at our location or call us toll free at 1(877)-5 BIDDER. Let us know how we can help you today by e-mailing: sales@progressiveauto.us with any questions or comments you may have. We are open Monday to Saturday 9 am - 5 pm Eastern time.
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Thank you for your interest in Progressive Auto. Progressive Auto is the Registered Broker. Through us you can register to bid on vehicles (cars, trucks, trailers, boats, etc.). Please, visit our registration page. Once registered with Progressive Auto you will be able to access the full service in purchasing, transporting and shipping your vehicle to the desired destination. You will also be able to access hundreds of auctions across North America that sell millions salvage and clean title vehicles to organizations and individuals from all over the world.
Progressive Auto's mission is to be a trusted partner, when it comes to used vehicles purchases and shipment. You will also be able to get free quotes for the most kinds of shipments, services and products you are interested in.
Progressive Auto provides the facilities for buyers and resellers to bid live at auto auctions. To participate in the auction, you have to fill out the Registration form on our website. The whole process of registration will take not more than 10 minutes. Through the Registered Broker Program, you can without unnecessary expenses become a dealer. Anyone can register with Progressive Auto and then purchase vehicles (used cars and trucks, trailers, parts, etc.) through us. If necessary, Progressive Auto will assist the buyer in completing the transaction, and making shipping arrangements. Progressive Auto bypasses trucking brokers and goes directly to the trucking firms saving additional fees. We will do our best to make your transaction easy, and as smooth as possible.
Thank you for your interest in Progressive Auto. We are doing our best to satisfy even your smallest needs and looking forward to doing business with you.
Progressive Auto News
Copart, Inc.
Copart, Inc., incorporated in 1982, is a provider of vehicle remarketing services in United States, Canada and United Kingdom. The Company provides vehicle sellers with a range of remarketing services to process and sell vehicles over the Internet through the Company's Virtual Bidding Second Generation Internet auction-style sales technology, which it refers to as VB2. The Company sells principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters and, at certain locations, it sells directly to the general public. In United States, it sells vehicles primarily as an agent and derive revenue primarily from sales transaction fees paid by vehicle suppliers and vehicle buyers, as well as related fees for services, such as towing and storage. In United Kingdom, it operates primarily on a principal basis, purchasing the salvage vehicle outright from the insurance companies and reselling the vehicle for its own account.
Auto Salvage
With this many cars and trucks on the roads today, the salvage/repairable vehicle market has been booming, wrecked cars and trucks, insurance salvaged autos, and abandoned or repossessed vehicles are becoming big business. The parts and supplies off of a salvaged vehicle are in high demand and yet, can be difficult to find. Automotix offers an auto salvage/repairable marketplace for you to sell, buy and locate damaged cars or trucks for your needs. Whether you have a salvage car to part out or sell as a whole repairable vehicle, or own a car/truck salvage business, the market place for salvaged/rebuildable vehicles here at Automotix is a great clearinghouse for salvaged vehicles, salvage parts and supplies, or to locate that hard-to-find repairable vehicle or engine repair part.
Used Auto Parts
In today's budget conscious world, we have to save money where we can, and you can save hundreds and possibly even thousands of dollars by purchasing used parts to repair your car or truck. Here at Automotix, we offer you a chance to save money along with the safety of purchasing used parts that have been certified. This means that these parts are guaranteed. Whether you're looking for used engines, used transmissions, used body parts, used bumpers, used headlights or electrical components, you can save by purchasing certified used parts to repair your truck or car. The best part about purchasing used parts and supplies is that they're always OEM replacement parts, so you've purchased OEM repair parts at a fraction of the cost of new OE dealer parts by using Automotix' used parts services.
Copart Acquires Auto Storage Auction Pool
Copart Inc. has acquired San Diego-based Auto Storage Auction Pool for an undisclosed consideration. The acquired operation comprises 32 acres of property and facilities for storage, preparation and sale of salvage parts and vehicles. Since the beginning of fiscal 1998, Copart has acquired salvage parts and vehicle operations in Avon, Minn.; Columbia, S.C.; Mobile, Ala.; and San Diego. Additionally, the company has opened new salvage operations in Orlando, Fla.; Raleigh, N.C.; and Las Vegas; and has expanded operations in Oklahoma City, Okla.; and Waldorf, Md. Copart processes and sells salvage parts and vehicles through auctions, principally to licensed dismantlers, rebuilders and used vehicle dealers.
Copart Database
The Company maintains a database of thousands of registered buyers of salvage vehicles in the vehicle dismantling, rebuilding, repair, resale and exporting businesses. Its database includes each buyer's vehicle preference and purchasing history. This data enables it to notify via e-mail prospective buyers worldwide of salvage vehicles available for bidding that match their vehicle preferences. Listings of salvage vehicles to be sold on a particular day and location are also made available on the Internet. The Company offers a flexible sales process designed to maximize the sale prices of the vehicles. It utilizes VB2, an auction-style sales methodology that it developed. VB2 opens its sales process to registered buyers worldwide who have Internet access.
Copart is deploying an expense management system to streamline expense approval process
"Copart is deploying an expense management system to streamline our expense approval process, to enhance our internal controls and to improve our accounting workflow and document management," said Simon Rote, vice president of finance for Copart. "After evaluating several solutions we selected expensewatch.com as its robust feature set best satisfied our requirements and because it is a hosted application."
"Copart's decision to use our subscription based on-demand service for expense control exemplifies a growing trend," said Bill Vergantino, chief executive officer and president of expensewatch.com. "More and more, companies are looking to Web-based hosted solutions with a subscription model for non-core business applications. With expensewatch.com, what they gain is increased control & visibility of operating expenses. Having a solution with low cost, time, and risk simply hasn't been achievable for the small and midsized organizations."
Copart Creates a Third Facility in Massachusetts
Copart, Inc. announced the opening of a new facility in Warren, Mass. The opening brings to three the number of facilities the company has in the state, and the 148th facility worldwide. Copart other Massachusetts facilities are located in the Boston area.
Copart CEO and founder Willis J. Johnson said the 80-acre greenfield site will serve the central and western part of the state, decreasing cycle times and reducing storage and fuel costs for customers."This new facility allows us to be closer to our customers in another part of Massachusetts and expands our national footprint," Johnson said. "With the additional capacity this facility offers, along with its location in the center of the state, Copart furthers its ability to provide the legendary service our sellers and buyers have enjoyed for years."
Copart executives agree to forgo salaries for stock options
FAIRFIELD, Calif. - Copart's board of directors called a special shareholders' meeting on April 14 to consider granting stock options to Willis J. Johnson, company chairman and CEO, and to A. Jay Adair, president, in lieu of cash and other equity compensation for a five-year period.
If approved by shareholders, Johnson and Adair would each be granted stock options to purchase 2 million shares of the company's common stock at an exercise price equal to the closing price on the date of the special meeting, or any adjournment thereof, in lieu of cash and equity compensation other than a salary of $1 per year for a five-year period. Each option would become exercisable over five years, with 20 percent vesting one year from the date of grant, and the balance vesting monthly over the subsequent four years.
If shareholders approve the plan, Johnson and Adair will both give up their annual salary, currently $750,000 per year, as well as any cash bonuses for the next five years. They would not receive any additional stock options or other equity incentives during the five-year vesting term of the stock options.
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Copart, Inc., incorporated in 1982, is a provider of vehicle remarketing services in United States, Canada and United Kingdom. The Company provides vehicle sellers with a range of remarketing services to process and sell vehicles over the Internet through the Company's Virtual Bidding Second Generation Internet auction-style sales technology, which it refers to as VB2. The Company sells principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers and exporters and, at certain locations, it sells directly to the general public. In United States, it sells vehicles primarily as an agent and derive revenue primarily from sales transaction fees paid by vehicle suppliers and vehicle buyers, as well as related fees for services, such as towing and storage. In United Kingdom, it operates primarily on a principal basis, purchasing the salvage vehicle outright from the insurance companies and reselling the vehicle for its own account.
Auto Salvage
With this many cars and trucks on the roads today, the salvage/repairable vehicle market has been booming, wrecked cars and trucks, insurance salvaged autos, and abandoned or repossessed vehicles are becoming big business. The parts and supplies off of a salvaged vehicle are in high demand and yet, can be difficult to find. Automotix offers an auto salvage/repairable marketplace for you to sell, buy and locate damaged cars or trucks for your needs. Whether you have a salvage car to part out or sell as a whole repairable vehicle, or own a car/truck salvage business, the market place for salvaged/rebuildable vehicles here at Automotix is a great clearinghouse for salvaged vehicles, salvage parts and supplies, or to locate that hard-to-find repairable vehicle or engine repair part.
Used Auto Parts
In today's budget conscious world, we have to save money where we can, and you can save hundreds and possibly even thousands of dollars by purchasing used parts to repair your car or truck. Here at Automotix, we offer you a chance to save money along with the safety of purchasing used parts that have been certified. This means that these parts are guaranteed. Whether you're looking for used engines, used transmissions, used body parts, used bumpers, used headlights or electrical components, you can save by purchasing certified used parts to repair your truck or car. The best part about purchasing used parts and supplies is that they're always OEM replacement parts, so you've purchased OEM repair parts at a fraction of the cost of new OE dealer parts by using Automotix' used parts services.
Copart Acquires Auto Storage Auction Pool
Copart Inc. has acquired San Diego-based Auto Storage Auction Pool for an undisclosed consideration. The acquired operation comprises 32 acres of property and facilities for storage, preparation and sale of salvage parts and vehicles. Since the beginning of fiscal 1998, Copart has acquired salvage parts and vehicle operations in Avon, Minn.; Columbia, S.C.; Mobile, Ala.; and San Diego. Additionally, the company has opened new salvage operations in Orlando, Fla.; Raleigh, N.C.; and Las Vegas; and has expanded operations in Oklahoma City, Okla.; and Waldorf, Md. Copart processes and sells salvage parts and vehicles through auctions, principally to licensed dismantlers, rebuilders and used vehicle dealers.
Copart Database
The Company maintains a database of thousands of registered buyers of salvage vehicles in the vehicle dismantling, rebuilding, repair, resale and exporting businesses. Its database includes each buyer's vehicle preference and purchasing history. This data enables it to notify via e-mail prospective buyers worldwide of salvage vehicles available for bidding that match their vehicle preferences. Listings of salvage vehicles to be sold on a particular day and location are also made available on the Internet. The Company offers a flexible sales process designed to maximize the sale prices of the vehicles. It utilizes VB2, an auction-style sales methodology that it developed. VB2 opens its sales process to registered buyers worldwide who have Internet access.
Copart is deploying an expense management system to streamline expense approval process
"Copart is deploying an expense management system to streamline our expense approval process, to enhance our internal controls and to improve our accounting workflow and document management," said Simon Rote, vice president of finance for Copart. "After evaluating several solutions we selected expensewatch.com as its robust feature set best satisfied our requirements and because it is a hosted application."
"Copart's decision to use our subscription based on-demand service for expense control exemplifies a growing trend," said Bill Vergantino, chief executive officer and president of expensewatch.com. "More and more, companies are looking to Web-based hosted solutions with a subscription model for non-core business applications. With expensewatch.com, what they gain is increased control & visibility of operating expenses. Having a solution with low cost, time, and risk simply hasn't been achievable for the small and midsized organizations."
Copart Creates a Third Facility in Massachusetts
Copart, Inc. announced the opening of a new facility in Warren, Mass. The opening brings to three the number of facilities the company has in the state, and the 148th facility worldwide. Copart other Massachusetts facilities are located in the Boston area.
Copart CEO and founder Willis J. Johnson said the 80-acre greenfield site will serve the central and western part of the state, decreasing cycle times and reducing storage and fuel costs for customers."This new facility allows us to be closer to our customers in another part of Massachusetts and expands our national footprint," Johnson said. "With the additional capacity this facility offers, along with its location in the center of the state, Copart furthers its ability to provide the legendary service our sellers and buyers have enjoyed for years."
Copart executives agree to forgo salaries for stock options
FAIRFIELD, Calif. - Copart's board of directors called a special shareholders' meeting on April 14 to consider granting stock options to Willis J. Johnson, company chairman and CEO, and to A. Jay Adair, president, in lieu of cash and other equity compensation for a five-year period.
If approved by shareholders, Johnson and Adair would each be granted stock options to purchase 2 million shares of the company's common stock at an exercise price equal to the closing price on the date of the special meeting, or any adjournment thereof, in lieu of cash and equity compensation other than a salary of $1 per year for a five-year period. Each option would become exercisable over five years, with 20 percent vesting one year from the date of grant, and the balance vesting monthly over the subsequent four years.
If shareholders approve the plan, Johnson and Adair will both give up their annual salary, currently $750,000 per year, as well as any cash bonuses for the next five years. They would not receive any additional stock options or other equity incentives during the five-year vesting term of the stock options.