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
Let us hear your thoughts: On the Move Systems Corp. Message Board
