On the Move Systems says it is actively seeking potential locations to launch its proposed online, on-demand courier service, marking the next step in the company’s ongoing efforts to “revolutionize” the logistics industry utilizing the increasingly popular shared economy business model.
The company recently signed a milestone letter of intent for the design of its innovative “Uber for Trucking” platform. Now the company is focusing on the express courier business –which industry watchers peg at an $86 billion industry – a market that offers a range of revenue possibilities for firms wanting to ride the shared economy wave sweeping America.
“The shared economy model has greatly altered the way companies and individuals do business today,” OMVS CEO Robert Wilson stated in the news release. “It’s also become increasingly mainstream and accepted. Companies and consumers are no longer hesitant to work with shared economy firms. Instead, they now seek them out as they understand the shared economy business model is more efficient and cost-effective than traditional models.”
OMVS says it will initially concentrate on east and West Coast urban centers, and in Texas, as major cities have been the most eager to embrace shared economy services, such as Uber, Lyft and Airbnb. Urban areas also offer larger pools to draw potential courier drivers seeking income in a flexible workforce arrangement.
Amid rising popularity of the design, analysts estimate the total market for shared economy services at $450 billion. OMVS notes that PriceWaterhouseCoopers surveys indicate nearly half of all Americans are aware of shared economy services and 72 percent see themselves patronizing such a business sometime in the next two years.
For more information, visit www.onthemovesystems.com
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