Oway

Oway is an AI-driven freight platform that transforms unused truck space in the U.S. into a new category of freight shipping. With 50% of truck space going unused annually, representing a $100 billion inefficiency, Oway leverages AI to automatically price, match, and sell this space in real time. This approach offers businesses significantly faster and cheaper freight shipping compared to traditional methods. Oway is developing the largest decentralized network of unused truck space in America, providing a transparent infrastructure that shippers, brokers, and carriers can easily access. For shippers, this results in freight costs up to 50% lower than traditional LTL (shipments from 1 to 12 pallets) and faster delivery times, as freight moves directly from dock to dock without the delays associated with traditional LTL processes. For carriers, integrating with Oway can boost annual revenues by up to 30% with minimal disruption to existing schedules by monetizing otherwise unused space. Oway aims to convert empty truck space into a valuable asset, enhancing U.S. competitiveness by reducing the cost of goods sold and supporting business growth. By improving carrier margins, Oway contributes to a more sustainable trucking industry. The platform's digitization and decentralization of freight lay the groundwork for a resilient and transparent logistics layer, essential for America's future industrial growth. Oway simplifies freight shipping to the ease of ridesharing, allowing users to book a truck and move goods at the true cost of available capacity with just a click.