On the Move Systems reports that after conducting its own
market research, it finds that a shared economy courier service offers clear
and distinct advantages over companies built on more traditional business
models. The company says these findings empower its proposed service, for which
the company is now actively scouting possible locations.
“We’ve found several compelling stats that lead us to
believe a shared economy courier service would prosper in the right situation,”
OMVS CEO Robert Wilson stated in the news release. “For example, such a service
would have a tremendous competitive advantage thanks to lower capital and labor
costs compared to someone like FedEx or a local ‘hot-shot’ company. We’d have a
flexible workforce driving their own vehicles, eliminating the need for any
brick and mortar facilities and dramatically cutting overhead.”
Taking advantage of lower overhead, OMVS says it could offer
competitive rates, and with a flexible workforce available at a moment’s
notice, the new shared economy courier service could also provide faster
deliveries than traditional companies. With an online, on-demand service, OMVS
would avoid the need to open and operate costly call centers or drop-off
locations, as well as the hiring of ground and administrative staff, or loading
crews. This would free OMVS from incurring debt, which is an issue for many
traditional courier companies.
In recent years, courier service revenues have been steadily
climbing, up nearly 15 percent to nearly $95 billion in 2014 from $80 billion
in 2009. A survey of courier companies reported most enjoyed double-digit
revenue growth in 2014 with expectations for similar results this year. Market
analysts peg the courier industry as a $216 billion market overall.
For more information visit www.onthemovesystems.com
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