February 3rd, 2012 - Seattle, WA - EquaShip, which launched in Q4, 2011 as the new "4th Parcel Carrier" catering specifically to small and medium sized e-commerce merchants, announced today that it is temporarily suspending all customers while it re-engineers its transportation network for faster package delivery times, larger geographic coverage and more service options.
Ron Wiener, CEO of EquaShip, said "Our customers clearly loved that fact that our prices beat FedEx and UPS by up to 80%, our real insurance coverage bundled with every parcel, and our outstanding customer service. However, in today's ecommerce environment it's not good enough for small and medium-sized merchants to offer Free Shipping. Shipping also has to be fast enough to compete with larger competitors like Amazon who ship from multiple distribution centers. What we heard loud and clear from our customers was that they needed faster transit times than we could deliver through our existing network of transportation partners."
"Rather than limit our market only to shippers who could tolerate slower transit times we felt it would be better to stop now, switch out our transportation network providers, and come back with a service that is as fast as today's online consumer has come to expect, but still priced far below the egregiously high rates that FedEx and UPS charge smaller shippers," added Wiener.
Given the magnitude of systems integration work that is involved in changing out transportation partners EquaShip has elected to suspend customer operations after the final delivery of all remaining parcels in the pipeline, so that its management team can focus 100% of its efforts on bringing EquaShip back online as soon as possible. The company intends to expand its service offerings with new options for same-day, expedited and international services, in addition to its keystone postal consolidation ground service.
ABOUT EQUASHIP
EquaShip is a new kind of parcel delivery service designed specifically for small and medium-sized businesses. With transparent "all-in" pricing, EquaShip gives companies access to great service at prices well below UPS and FedEx residential ground rates. EquaShip provides fully-integrated track-and-trace, $100 of EquaSurance real, honest insurance coverage included with every package, and superior customer care, all with no hidden assessorial fees, special software or contracted volume commitments.
