|[October 21, 2013]
OMVS Explores Adding Oilfield Transportation Services to Portal as Drilling Booms
TAMPA, Fla. --(Business Wire)--
With the demand for oilfield trucking at an all-time high, On the Move
Systems Corp. (OTCBB: OMVS) announced today that it's exploring
potential partnerships that could add highly sought trucking companies
to its online transportation portal currently in development.
Last year was a record industry for the U.S. oil and gas industry,
producing higher amounts of both commodities than ever before. The U.S.
Energy Information Administration estimates that total domestic oil
production will increase by nearly one million barrels per day over
2012's total, and that growth is only expected to continue.
Transportation is an element critical to maintaining that pace. About
66,000 more trucks were demanded in 2012 than in 2011 due to the
expansion of oil shale extraction, according to the Abilene
Reporter-News. Qualified drivers are in short supply in areas such
as West Texas, where the Cline Shale play will likely dramatically
increase demand soon. Shale extraction requires large amounts of water
and sand to be hauled to wells.
By adding oilfield trucking services to its growing suite of online
transportation options, OMVS plans to connect oilfield services
companies with the trucking businesses faster and more easily than ever
before. The company is building a one-stop Internet destination for
purchasing charter flights, uxury car services, intermodal
transportation, pet shipping and many other niche offerings.
Last week, the company acquired a stake in a luxury transportation
company and finalized its first revenue sharing deal. The new portal is
planned to come online next year.
Specialty services such as oilfield trucking are part of the company's
plans to market and develop new solutions to compete in the online
travel market alongside Priceline.com (OTCBB: PCLN), TripAdvisor.com
(OTCBB: TRIP) and Expedia (News - Alert).com (OTCBB: EXPE).
For more information on On the Move Systems' bold new direction, please
About On the Move Systems Corp.
On the Move Systems Corp. (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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