OMVS Examines New Revenue Potential in Oil & Gas Trucking
TAMPA, Fla.--(BUSINESS WIRE)--As oil and gas production continues to rise in the nation’s top shale formations, On the Move Systems Corp. (OTCBB:OMVS) is working to capitalize on the transportation challenges posed by the historic energy boom.
“We plan to offer innovative services that will help keep the oil and gas economy growing.”
Four years into the shale revolution, the U.S. is on track to pass Russia and Saudi Arabia as the world's largest producer of crude oil, many analysts agree. The incredible growth in production in recent years in places such as North Dakota and Texas has strained motor carriers’ ability to meet transportation demand.
With oil extraction at an all-time high and the demand for trucks increasing daily in the energy industry, OMVS sees an enormous opportunity to compete and build market share in a booming sector. The company is currently scouting for transportation partners in top energy-producing regions to ramp up services to meet ever-increasing demand.
“Trucking and transportation infrastructure is absolutely crucial to the success of U.S. shale energy development,” said OMVS CEO Robert Wilson. “We plan to offer innovative services that will help keep the oil and gas economy growing.”
OMVS is working to build a network of transportation and logistics companies that can move cargo by truck, rail, sea and air. By forging strategic partnerships with cutting-edge travel and transportation providers, OMVS plans to build a network of niche services that will soon comprise its forward-looking online booking portal. The company expects to market and develop new solutions that will allow the company to compete alongside Con-way Freight (NYSE: CNW), Saia (NASDAQ: SAIA) and Old Dominion Freight Lines (NASDAQ: ODFL).
For more information on OMVS’ transportation initiatives, please visit www.onthemovesystems.com.
About On the Move Systems, Inc.
On the Move Systems, Inc. (OTCBB: 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. For more information, please visit our website at www.onthemovesystems.com.
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