On The Move Systems Corp. (OMVS): Survey Shows Shared Econom On The Move Systems Corp. (OMVS): Survey Shows Shared Economy Platform Triggering Uber-style Trucking Platform
On the Move Systems this morning highlighted a new industry forecast that the trucking industry will soon experience an Uber-style transformation, where shared economy platforms and apps, like the one now under development by OMVS, will play an integral component of operations and revenue-generation.
The Frost & Sullivan report predicts that by 2025 such platforms will generate $26.4 billion in freight movement revenues as trucking companies take advantage of online, on-demand offerings such as route optimization. This key advantage will enable companies to more effectively utilize equipment and human resources to ensure mileage driven produces revenue rather than hauling an empty trailer.
OMVS also points to a Forbes.com article co-written by Frost & Sullivan’s Wallace Lau, who writes that smartphone-enabled shared economy apps, “will also help the driver locate nearby freight and carry it to its destination if the truck is also headed there. At the heart of this change will be mobile devices like smartphones that will enable people to connect freight to trucks, with spare freight-carrying capacity on an on-demand, ad-hoc, networked manner.”
OMVS CEO Robert Wilson agrees, noting his growing confidence in the company’s impending platform.
“Mr. Lau is certainly speaking our language and his market research hits right on target, backing up what we’ve found and validating our business model. The shared economy is going to transform logistics, from scheduling and route optimization to the hiring of drivers. This survey shows why we’re confident of the revenue potential of our upcoming platform, now under development,” says Wilson.
OMVS recently signed a letter of intent for development for its online, on-demand trucking platform, patterned on Uber’s cutting-edge shared economy model.
For more information visit www.onthemovesystems.com
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