OMVS: Small, Fast-Growing Trucking Firms Offer Ready Market for Shared Economy App

HENDERSON, Nev.--()--A recently released study revealed small, independent trucking firms are among the nation’s fastest growing small businesses, and that welcome news has On the Move Systems (OMVS) excited about revenue prospects for its upcoming “Uber-for-Trucking” shared economy app.

According to the analysis, conducted by financial information company Sageworks, general freight companies with annual revenues of less than $5 million have enjoyed a healthy sales growth rate of nearly 25 percent over the past 12 months.

Drilling down further, specialty truckers (such as tankers and refrigerated haulers) have seen their sales increase by 16 percent over the last year. The study notes this rate is nearly double the growth for small businesses across all industries.

“This thorough, informative study gives great insight into our target customer base,” said OMVS CEO Robert Wilson. “Small, independent truckers are going to be one of the main focuses of our revolutionary shared economy app. The platform we’re creating will help them not only continue their impressive growth, but expand it even further. We’ve already drawn considerable interest from this segment, and we expect once released, our app will generate significant revenues from these users.”

OMVS’s innovative online, on-demand trucking platform aims to take advantage of America’s growing national interest in sharing economy services, sales of which could grow to $335 billion by 2025. The company is currently growing its network of local freight carriers and is working closely with software developers to refine and enhance the app’s power and versatility.

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

About On the Move Systems, Inc.

On the Move Systems, Inc. (OMVS) is focused on the development of cutting-edge technology across a broad spectrum of industries. The company is currently exploring new online tools to reduce costs and increase convenience in the tourism and travel industry and exploring new opportunities in trucking. For more information, please visit our website at www.onthemovesystems.com.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information 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, including statements that include the words “believes,” “expects,” “anticipates” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contacts

On the Move Systems, Inc.
Robert Wilson, 702-990-3271
President and CEO

Contacts

On the Move Systems, Inc.
Robert Wilson, 702-990-3271
President and CEO