Oway

Oway is pioneering a new category of freight shipping by leveraging AI to monetize empty truck space across America. Addressing a significant inefficiency where 50% of U.S. truck capacity goes unused, representing over $100 billion annually, Oway's AI-powered platform automates pricing, matching, and sales in real-time. This provides businesses with dramatically faster and more cost-effective freight shipping solutions compared to traditional methods.

Oway is constructing the largest decentralized network for utilizing empty truck space, creating a transparent infrastructure layer accessible to shippers, brokers, and carriers. Shippers can experience freight costs up to 50% lower than traditional LTL (less-than-truckload) shipments, with accelerated delivery times due to direct dock-to-dock transport, eliminating the delays associated with warehouses and cross-docking. Carriers can potentially increase annual revenues by up to 30% by monetizing otherwise unused space, with minimal disruption to existing schedules.

The core mission of Oway is to transform empty truck space into a valuable asset that bolsters U.S. competitiveness. By reducing the cost of goods sold, Oway facilitates business growth. By enhancing carrier margins, it promotes sustainability in the trucking industry. Furthermore, by digitizing and decentralizing freight, Oway is establishing a resilient and transparent logistics foundation to support America's reindustrialization efforts. Oway aims to simplify freight shipping, making it as straightforward as ridesharing: simply click a button, book a truck, and move goods at the actual cost of available capacity.