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