Oway
TL;DR
Oway is a rideshare freight platform that sells unused space in trucks to SMBs at a 50% discount for overnight shipping.
What's the backstory?
Phillip, the founder of Oway, previously scaled a company building defense vehicles for NATO and the UN, supplying $70M/year in government contracts.
He started working on Oway in 2023, after he realized that on average, truck trailers are only 50% utilized.
To date, they've been focused on getting liquidity in their initial US West Coat markets, with plans to eventually expand through the entire US.
How does it work?
What makes it different?
Key offerings
Rideshare Freight (LTL Alternative)
Book loads of up to 8 pallets on-demand, picked up within 2 hours and delivered overnight without most warehouse transfers.
How does pricing work?
Typical budget
Billing models
Who is it for?
FAQ
No. LTL providers typically operate as networks of hubs, so cargo may be moved several times between trucks — increasing the odds of loss or damage. Oway is a point-to-point solution with at most one stop along the way.
Profile last edited by StartOps on April 3, 2025.