OMVS Looking to Enter the Freight Business with Potential Trucking Company Acquisition

HENDERSON, Nev.--()--On the Move Systems (OMVS) is conducting due diligence on a trucking firm, an acquisition that, if completed, would enable the company to expand its revenue base beyond its shared economy platform and courier service, both currently under development.

“Our shared economy research indicated strong potential for an on-demand platform and a trucking firm as well”

“Our shared economy research indicated strong potential for an on-demand platform and a trucking firm as well,” said OMVS CEO Robert Wilson. “It’s a great way to grow the company and build shareholder value. We’ve found several potential opportunities well suited to begin operations and are conducting preliminary due diligence on one of them now. With freight contacts made during our shared economy platform development, we believe we can quickly hit the road and generate a new, diverse revenue stream in a short time.”

The American Trucking Associations’ (ATA) U.S. Freight Transportation Forecast projects freight volumes will jump nearly 29 percent by 2026. Meanwhile, GE Capital’s respected Trucking Industry Economic Outlook Survey revealed that nearly half of all trucking executives polled reported solid revenue growth and that they expect the industry to grow substantially in the coming years.

In addition, other recent studies are forecasting a coming shipping capacity shortage that could spell opportunity for new entrants into the trucking industry.

OMVS’s proposed new trucking firm would allow the company to compete alongside Con-way Freight (CNW), SAIA Inc. (SAIA) and Old Dominion Freight Lines (ODFL).

For more information on OMVS, please visit

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

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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.


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

On the Move Systems, Inc.