OMVS Examines New Revenue Potential in Oil & Gas Trucking
July 16 2014 - 6:22AM
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.
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.
Notice Regarding Forward-Looking Statements
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,” “anticipate” 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, 813-367-3511President
and CEOinfo@onthemovesystems.com
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