On the Move Systems (OMVS) to Capitalize on Coming Capacity Shortage with Shared Economy Trucking App

On the Move Systems today highlighted the opportunity and rising need for its upcoming “Uber-for-Trucking” shared economy platform as an ongoing lack of drivers could result in future capacity shortages for our nation’s logistics industry.

Currently, there are approximately 1.6 million people employed as truck drivers. Industry officials estimate trucking companies have an immediate need for an additional 35,000 to 40,000 drivers, but aren’t able to recruit enough people to fill those openings. Furthermore, impending federal and state regulatory and safety changes mean that today’s drivers will log fewer hours and miles, curtailing production and leaving fewer trailers to haul an increasing amount of freight.

Recent industry studies have backed the predictions of a coming capacity shortage. GE Capital’s “Trucking Industry Economic Outlook Survey” revealed that national and local carriers are finding fewer idle trucks available for capacity, and as a result, “companies have gotten smarter about the contracts and the routes that they take, and how they match those with the businesses available.”

OMVS CEO Robert Wilson stated, “With a looming capacity crunch, it’ll be increasingly important for truckers to be able to partner together to meet growing customer demands. Our upcoming shared economy platform will enable trucking companies of all sizes to better network with each other and locate local drivers who can help solve their capacity shortage. From operations to pricing to optimization, OMVS and our innovative app can benefit haulers in the coming business climate.”

Development continues for the online, on-demand platform. Shared economy services, such as OMVS’s “Uber-for-Trucking” app, are estimated to be a $450 billion market.

For more information on OMVS, visit www.onthemovesystems.com

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.

Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks Daily Videos http://videocharts.qualitystocks.net

 The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net

Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net