On the Move Systems, Inc. (OMVS) Signs LOI with Ho
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On the Move Systems, focused on the development of cutting-edge technology across a broad spectrum of industries, has signed a letter of intent with a prominent Houston-area software design firm regarding development of OMVS’s upcoming shared economy app.
When released, OMVS says it believes its on-demand app will “revolutionize” the trucking industry by connecting national and local carriers, allowing for maximized efficiency, optimized routes and reduced costs.
“This is a major milestone for On the Move Systems and its investors,” OMVS CEO Robert Wilson stated in the news release. “After months of research and engineering of the optimum customer interface, we’re ready to put the vision into a working solution. We’ve identified a well-regarded design firm with solid, proven experience in the building of similar shared economy platforms. When the agreement is completed, we’ll not only have a one-of-a-kind shared economy platform that will transform the trucking industry, but one we’re optimistic will generate healthy revenues as well.”
The letter of intent is one of several recent achievements by OMVS regarding its “Uber-for-Trucking” shared economy business model. The company says it has garnered significant interest from trucking firms as it continues to seek out and recruit local and national firms to join its roster of users.
OMVS’s cutting-edge shared economy platform will enable truckers to not only build networks, but maximize equipment utilization, recruit drivers and effectively price their services.
The shared economy business model, led by Uber, Lyft and Airbnb, is rapidly deepening its foothold in a variety of industries across America. The innovative business concept has proven to be a solid growth opportunity, with analysts estimating the total market for shared economy services to be $450 billion.
For more information visit www.onthemovesystems.com
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