HENDERSON, Nev.--(BUSINESS WIRE)--Market research conducted by On the Move Systems (OMVS) shows that a shared economy courier service offers clear and distinct advantages over companies built on more traditional business models. These findings bolster and strengthen OMVS’s 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,” said OMVS CEO Robert Wilson. “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.”
Thanks to lower overhead, OMVS could offer very 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 not have to open and operate costly call centers or drop-off locations, nor hire ground and administrative staff, or loading crews. This would free OMVS from incurring debt, a problem for many traditional courier companies.
Courier service revenues have been climbing steadily in recent years, up almost 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 and that they expect similar results this year.
Market analysts peg the courier industry as a $216 billion market overall.
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.
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