When
COVID-19 hit us this spring, more than just our normal rail commuting patterns
were disrupted. One young entrepreneur’s
business simply imploded… but now he’s coming back, stronger than before.
Joe
Colangelo is founder and CEO of Boxcar, the NJ-based company that bills itself
as the “Air B&B of parking,” matching commuters with empty parking spots
near train stations in Stamford, Darien, New Canaan and Stratford. Before COVID-19 his business was red
hot. But by early March he knew it was
doomed as people stopped commuting and demand for parking evaporated.
“We’re
lucky our business fell 100%,” he told me.
“It forced us to try new things. I’m not the smartest guy in the world
but I can figure out what people need.”
And
what they needed by mid-March was food.
So Boxcar partnered with local produce distributors that were hurting
because their restaurant clients were shut down, and developed a contact-less
food box drive-thru service. For $50 you
could drive to a local parking lot, pop your trunk and have a big box of
fruits, veg, milk and eggs placed in your trunk.
Boxcar
is now doing 1000 food boxes a week in six NJ counties and gaining hundreds of
new subscribers, building their database.
They’ve recently added fresh oysters from the Hamptons, do-it-yourself
pizza kits and even Mother’s Day cupcakes made by a local baker who’d otherwise
lost his business.
Now
other service industries are asking Boxcar to market their work, like at-your-
home car detailing and landscaping.
“They
handle their expertise and we do what we do best, the tech and the customer
service,” says Colangelo.
His
latest family-friendly offering is drive-in movies. Even before New Jersey’s governor had allowed
them, Colangelo used his municipal contacts to develop a plan so when the state
said “OK”, he sold out his bookings in one hour.
Boxcar
hires the AV company to set up their gear.
The $25 per car is split 50-50 with the movie studio, and up to 200
families get to enjoy a “night out.” So
successful has his plan been that 70 towns in the tri-state area are asking him
to bring the drive-in concept to their residents.
During
all of this business transition Boxcar hasn’t had a single layoff. In fact, they’ve added staff, given everyone
a raise and are still profitable.
“Expanding
beyond commuter parking was always part of my long-term plan,” says the former US
Navy officer turned Booz Allen Hamilton consultant. So in a way, he’s grateful that the pandemic
accelerated his plans.
“What
I’m looking for is points of friction.
People are leaving the city for the suburbs, but that comes with
challenges,” he says. “That’s what we
want to help them solve. We see Boxcar
as a ‘passport to the suburbs’.”
Colangelo
still has hope for his commuting clientele.
He’s getting a lot of requests now from Fortune 500 companies seeking
van pools for their city-bound employees, not just to avoid mass transit but
for safety and contact tracing.
“Our
software knows exactly who is on every van every day. So if anyone gets sick, we can immediately
notify everyone they came in contact with.
You can’t do that on mass transit,” says Colangelo.
“I’m
desperate for a reason to be bullish on mass transit,” he laments. “But right now I just don’t see any.”
Nor
do I, Joe.
Posted with permission of
Hearst CT Media
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