QualityStocks would like to highlight
On the Move Systems, Inc. (
OMVS), specializing in the development of cutting-edge technology to transform and synchronize freight supply chain operations for a broad range of industries. The company is exploring new online tools to reduce costs and increase convenience in the tourism and travel industry, as well as new opportunities in trucking. OMVS works with a premier group of international providers to offer its services in two key divisions: Trucking Logistics and Inter-modal Freight.
In the company’s news,
On the Move Systems issued a press release announcing that it is looking to add depth and value to the company’s launch of its upcoming “Uber-for-Trucking” online platform by possibly adding partners.
“We’re actively searching for innovative, dynamic partners who can bring the proper synergy and a complementary range of services to the table,” stated OMVS CEO Robert Wilson. “We’ve developed an aggressive plan to build revenues with our shared economy trucking platform. This plan has progressed steadily and is nearing fruition. By adding a partner that can deliver additional value to our users, such as brokerage offerings, we can become even stronger and take greater advantage of opportunities for continued growth and expansion.”
On the Move Systems anticipates introducing a new era with this game-changing, on-demand shared economy platform by allowing truckers to connect via an online app to improve operations, scheduling, routing and optimization.
A recent Frost & Sullivan report predicted trucking will soon see an Uber-style transformation, where online, on-demand apps like the one being developed by OMVS will play a major role in logistics operations and revenue-generation. Freight transportation services generate $1 trillion in revenues each year in the U.S., with trucking making up a $600 billion slice of that pie.
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This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
