We acquire goods in bulk through liquidations and insurance claims.
Abandonment and salvage happen. When goods are abandoned at ports or warehouses, oftentimes a liquidation shortly follows. Sometimes these goods are insured thus the insurance carrier takes possession, and seeks to recover a portion of the claim paid. In either scenario Colony Trading has built these relationships and been a partner for salvaged goods for over 30 years.
Commercial Property Salvage
Accidents occur more frequently than people think. Damaged cargo claims total $1.8 billion annually, but not all merchandise is a total loss.
Hurricanes, tornados, floods and blizzards. What do they have in common? They all generate insurance claims, and we in turn help the insurance industry recover partial claim cost.
Sometimes things really do fall off a truck or a leaky warehouse roof soaks a stack of shipping cartons, leaving their contents high and dry. A hot product might cool down overnight or update its label the day after a store has restocked it to the rafters.
In all these cases and more, someone is left with a lot of perfectly good products that can no longer be sold or utilized within their intended market. What’s to keep derailed or slightly damaged merchandise from going to the landfill or gathering dust on a company’s valuable square footage? How can losses be minimized or turned around? Where would you even begin to try to locate someone who could benefit from the very thing you’d like to be rid of?
Who are you going to call? Colony Trading, that's who!
– 30 years in the business, we did not open our doors yesterday
– Large warehouse space right in the Raritan Center in New Jersey
– Less than a minutes from I-95 and major highway arteries
– Less than 20 minutes from the Port of Newark, Newark International Airport, 30 minutes from New York City,
– We collect relationships not clients