KAR Auction Services' subsidiary CarsArrive has acquired the vehicle transportation business of Dependable Auto Shippers to enhance its used vehicle hauling business, the company has announced.
The acquisition will help CarsArrive meet a growing demand for dealer-to-consumer online vehicle transactions. CarsArrive delivers vehicles to private homes on behalf of selling dealers, but with the addition of DAS, will extend their integrated network to serve consumers directly, according to the company.
"If there's a vehicle to be moved in any channel for any customer, CarsArrive wants to be there to move it," said Michael Briggs, president and CEO of CarsArrive and Recovery Database Network. "Consumer-centricity is the next phase in our evolution, and we’ll bring the strength and confidence of the entire KAR platform to help us deliver value, convenience and exceptional service."
CarsArrive provides an online marketplace for shippers and carriers. Their North American network of automated vehicle transport services includes more than 4,500 registered carriers representing over 30,000 trucks.