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ShipCarsNow Will Show Auto Dealers How to Reduce Auto Transport Costs During National Independent Automobile Dealers Association Convention

Auburn Hills, Mich., June 08, 2010 – ShipCarsNow will show car dealers how to reduce their online trading auto transport costs during the 64th annual NIADA convention June 14-17 at Caesars Palace in Las Vegas. Using multimodal rail and truck options, ShipCarsNow helps dealers lower their auto transportation expense, which in a time of high used car values and low supply enables dealers to source the cars they want and still maintain profit margins. The ShipCarsNow exhibit will be at Booth #309 at the NIADA convention.

Jeff Grandstaff, ShipCarsNow general manager, joined NIADA CEO Mike Linn as a panelist at a recent industry conference.

"Dealers are more focused than ever on sourcing issues," Grandstaff said. "We are excited to participate at the NIADA annual convention  because it provides us an opportunity to show how ShipCarsNow brings resources and technology to help car dealers use auto transport to maximize their profits."

In 2009, new car sales and auto production hit the lowest levels in 27 years, which, in turn, affected used car sales. As a result, used car dealers are looking for innovative solutions and cost reduction ideas to help them maintain profitability during times of low supply.

Vendors and suppliers are working hard to offer help to the independent auto dealer community. Banks and finance companies are working with dealers to find new financing; technology and Internet companies are offering innovative ways to reduce operation costs and increase sales. And, as dealers increasingly turn to the Internet to find used car inventory, auto transport companies like ShipCarsNow are providing the market with more online services and lower cost long-distance service options to help dealers reduce their auto transport costs.

The NIADA convention offers dealers business consulting, education and services for every aspect of their business. The convention provides the unique opportunity for dealers to network with experts face to face. Educational sessions cover topics such as finance, legislative, internet, social media, and inventory management. More than 120 exhibitors will present new opportunities as well as the latest products, technology and services. Exhibitors include aftermarket product vendors, auto auctions, banking and finance companies, parts suppliers, rental and leasing providers, insurance reps, auto transport companies, Internet service companies and many more.

During the convention, ShipCarsNow will offer dealers the opportunity to win an iPad, the revolutionary new product from Apple. Participants can visit the ShipCarsNow exhibit to discuss auto transport needs and register to win.

"The real prize at the NIADA convention is for ShipCarsNow and other service providers to have an opportunity to talk with dealers one on one to help solve problems and share solutions," Grandstaff said.

About NIADA

The NIADA was founded in 1946 and has represented independent automobile dealers for over 60 years. NIADA has a membership of over 20,000 professionals. NIADA is also a legislative advocate and provides education, information, services and benefits for members. 

About ShipCarsNow

ShipCarsNow is a subsidiary of Insight Network Logistics and part of Union Pacific Corporation. Formed in 2006, ShipCarsNow was created to provide the used car industry with affordable multimodal auto transport. The company brings nationwide transportation resources and technology to the auto remarketing industry as a natural extension of Insight's logistics and transportation operations for new car distribution. ShipCarsNow.com provides used car shippers (e.g. auto manufacturers, auto auctions, dealers, finance companies, fleet operators, etc.) with a fast and easy way to book affordable vehicle transportation online.

For additional information, visit http://www.ShipCarsNow.com or contact ShipCarsNow Toll Free (866) 207-3360; Jeff Grandstaff, (248) 340-8524, jjgrandstaff@shipcarsnow.com.

The statements and information contained in the news releases provided by Union Pacific speak only as of the date issued. Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued. Union Pacific makes no commitment, and disclaims any duty, to update any of this information.