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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