IronPlanet Partners with VeriTread to Provide the Industry’s Most Reliable Transportation Services

PLEASANTON, Calif. – May 16, 2014 – IronPlanet®, the leading online marketplace for buying and selling used heavy equipment, today announced a partnership with VeriTread, an online heavy-haul transportation marketplace, to provide IronPlanet customers with the industry’s most reliable and cost-effective shipping services.

“We are excited to partner with VeriTread to give our customers access to best-in-class prequalified transportation services,” said Greg Owens, CEO, IronPlanet. “Our partnership with VeriTread is another example of our ongoing commitment to providing our customers with innovative solutions that simplify the process of buying used equipment.”

VeriTread is fully integrated with IronPlanet’s equipment inspection reports, giving transportation providers all of the details necessary to make accurate quotes. Additionally, VeriTread provides information on permitting regulations, heavy haul trailer requirements, port protocols, routing and loading/unloading restrictions to ensure successful pick-up and delivery of equipment.

“This partnership continues to enhance IronPlanet customer service and our goal of facilitating the timely and cost-effective delivery of equipment to our customers,” said Randy Berry, senior vice president of operations and services, IronPlanet. “We are dedicated to ensuring that our customers have a positive buying experience, and this partnership offers our customers an important new value-added service which connects them with the best shipping providers in the market.”

VeriTread goes to great lengths to qualify each of its shipping providers to ensure a safe, reliable and proven transportation service. It monitors its service providers’ insurance levels and offers a user-based feedback and rating system. IronPlanet customers will also have access to VeriTread’s freight estimator tool, allowing customers to get instant freight estimates based on their shipping requirements.

“We’re excited to offer IronPlanet customers the easiest and most reliable way to transport their equipment,” said Jeff Cox Jr., founder of VeriTread. “By providing the industry’s most reliable quotes, pre-qualified shipping providers and best-in-class service, we make the process of finding and choosing outstanding transportation partners easy.”

For more information about IronPlanet, visit www.ironplanet.com.

About IronPlanet
IronPlanet is the leading online marketplace for used heavy equipment. Our sellers achieve more profitable sales through low transaction costs and better price realization through a global audience of buyers. Our guaranteed inspection reports and exclusive IronClad Assurance enable buyers to bid with a high degree of confidence. IronPlanet is backed by Accel Partners, Kleiner Perkins Caufield and Byers, Caterpillar, Komatsu and Volvo. For more information, visit www.ironplanet.com.

About VeriTread

VeriTread is an online freight exchange focused on improving the way heavy equipment is transported. The VeriTread marketplace connects shipping customers with the best transportation providers in a fair and secure environment. With instant online estimates, competitive quotes, and detailed equipment specifications, shipping customers can make smarter, more informed transportation decisions.

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