IAA, Inc. (NYSE: IAA) announced a strategic partnership with Marhaba Cars Auction located in the United Arab Emirates. Marhaba Cars Auction is a provider of online and in-person vehicle auctions and related shipping services. Marhaba Cars Auction will manage IAA’s Auction Center in the city of Sharjah, UAE, a major hub of the country’s repairable […]
IAA Acquires Auto Exchange
Expands company’s footprint in New Jersey market. IAA, Inc. (NYSE: IAA) announced today that it has acquired the entirety of the assets of Marisat, Inc. that does business as Auto Exchange, a salvage recovery industry leader in New Jersey. IAA will operate the business of Auto Exchange going forward. Financial terms of the transaction were […]
Peg Burr Named SVP of Product Management at IAA
IAA, Inc. (NYSE: IAA) has appointed Peg Burr as Senior Vice President of Product Management. Burr will leverage her extensive product strategy and management expertise to further the product leadership position that IAA has established in the industry. “We are excited to welcome Peg to the team,” said IAA CEO and President John Kett. “She has extensive […]
IAA Delivery Service Expands in the UK
IAA, Inc. (NYSE: IAA) today announced that its UK-based business unit has expanded its vehicle delivery service for its buyers. Following several technology modernization investments, this expansion enables IAA to deliver vehicles anywhere on the UK mainland. Leveraging IAA’s expanded vehicle transporter fleet as well as the company’s INFORM Transportation Management System (TMS) software, buyers […]
IAA Relocates Fort Myers Branch
IAA, Inc. (NYSE: IAA) announced the relocation of its Fort Myers, Florida branch. One of 11 IAA branch facilities in the state, the new location includes increased capacity and innovation to support the large Florida market, an area which typically experiences frequent catastrophic weather events. “We continuously strive to make improvements that provide the best […]
IAA Announces New Location in Kansas City
IAA, Inc. (NYSE:IAA) announced a new branch location in the growing Kansas City market. The Kansas City East location will be the second branch in the area and will help accommodate increased customer capacity needs. “The new location more than doubles our current footprint in the Kansas City area, providing much-needed capacity in this rapidly […]
IAA Expands in California and Massachusetts
IAA, Inc. (NYSE: IAA) announced it increased capacity at its IAA High Desert branch located in Hesperia, Calif. and the overall Boston, Massachusetts market. This investment will increase the IAA High Desert branch’s inventory space by more than 60 percent, adding capacity to the overall Los Angeles market. Additionally, the Boston market will see a […]
IAA Announces Third Quarter Revenue Down 5.4%
IAA, Inc. (NYSE: IAA) announced consolidated revenues decreased 5.4% to $338.0 million from $357.3 million in the third quarter of fiscal 2019 that ended September 27. Foreign currency movements had a positive impact of less than $0.1 million on revenue for the third quarter of fiscal 2020. Third quarter revenue through July 2020 includes $1.1 […]
Progressive’s Eighth Annual Keys to Progress Giveaway Marks 750 Vehicles Donated to Military Families
For the eighth consecutive year, Progressive Insurance will continue its annual Keys to Progress vehicle donation on November 5. In advance of Veterans Day, 45 veterans in need across the country and their families will receive the keys to vehicles that will provide reliable transportation, helping them get back on the road and move forward […]
IAA Breaks Ground on New Locations in Colorado, Florida and New Jersey
IAA, Inc. (NYSE: IAA) announced breaking ground for three new branch locations in Colorado Springs, Colo., West Palm Beach, Fla. and Port Murray, N.J. These real estate investments will expand IAA’s footprint count across the three states to 21 locations. The new West Palm Beach and Port Murray locations will also strategically enhance IAA’s ability […]
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