Oway is a rideshare freight platform that enables businesses to share unused truck space, providing an alternative to traditional less-than-truckload (LTL) shipping. Through its AI-enabled marketplace, Oway helps companies cut LTL freight costs by up to 50%, offering instant price quotes, rapid pickups (sometimes in under an hour), and overnight delivery by connecting shipments to drivers with empty space on their existing routes. The platform also prioritizes environmental efficiency and offers comprehensive insurance and transparent pricing.
How Does Oway Work?
Oway leverages artificial intelligence to optimize freight matching. Businesses seeking to ship goods enter their shipment details, receive immediate pricing, and are matched with drivers already traveling along compatible routes. This approach reduces both costs and environmental impact by maximizing the use of available truck space, often resulting in faster pickups and deliveries compared to traditional LTL shipping.
Key features include:
- Instant quotes and transparent pricing
- Lightning-fast pickups (as quick as under 1 hour)
- Overnight delivery options
- Comprehensive shipment insurance
- Focus on sustainability by reducing empty miles
Who Uses Oway?
Oway primarily serves businesses seeking more cost-effective, efficient, and flexible freight shipping options. Notable customers include Vybes and Euri Lighting. For example, Euri Lighting reported up to a 53% reduction in freight costs, streamlined quoting and scheduling, and improved delivery reliability after adopting Oway's platform.
What Makes Oway Different?
Oway stands out from traditional LTL freight providers by using a rideshare model and AI-driven logistics. This allows for:
- Significant cost savings (up to half the price of standard LTL shipping)
- Faster, more reliable pickups and deliveries
- Greater transparency in pricing and insurance
- Environmental benefits through better resource utilization
Oway Leadership Team
Oway is led by Phillip Nadjafov (Founder & CEO), with Pouya Mohammadi as Head of Engineering and Will Honda as Head of Growth. The team brings expertise in logistics, technology, and business development, which shapes Oway’s innovative approach to freight shipping. Learn more about their background on the Oway About page.
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