Oway is a rideshare freight platform that sells unused space in trucks to SMBs at a 50% discount for overnight shipping.
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.
Book loads of up to 8 pallets on-demand, picked up within 2 hours and delivered overnight without most warehouse transfers.
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 29, 2025.
