On the Move Systems (OMVS): Shared Economy App Will Help Solve Key Trucking Industry Challenges

Amid surging demand and a booming economy, American trucking companies are facing a shortage of nearly 50,000 drivers, according to On the Move Systems (OMVS) – and it’s a conundrum the company says its shared economy platform can help overcome.

The American Trucking Associations (ATA) reports that the shortage is deepening, and is expected to jump to 174,000 needed drivers by 2025. Compounding the problem, trucking companies are reportedly having trouble finding, and keeping, qualified candidates. While 1.6 million men and women are currently employed as truck drivers, the driver turnover rate consistently tops an astounding 90 percent.

As a result, top qualified drivers are now commanding, and getting, premium compensation – with the median annual salary now 10 percent higher at $73,000.

With its shared economy trucking app, OMVS says it can help solve these growing industry challenges, which the company says have the potential to impact the broader economy.

“This shortage could not only crimp the industry, but the U.S. economy, too,” OMVS CEO Robert Wilson stated in a news release. “Shipments are being delayed or can’t be delivered, causing prices to go up. Our shared economy app, now under development, could solve this. Companies looking for drivers can seamlessly find those looking for work or local independent owner-operators wanting to contract with national logistics firms. While the driver shortage and subsequent capacity crunch pose real problems for truckers, they represent a great opportunity for our platform.”

OMVS continues development work on its upcoming trucking app. Based on the highly successful Uber model, the online, on-demand platform will enable truckers to take advantage of the increasingly popular shared economy.

For more information visit www.onthemovesystems.com

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