Who says “decentralized” is just for cryptocurrencies? There’s also now a “decentralized Uber for freight.” Thanks to Oway.
First scoop
Right now, you’ve got companies like Uber Freight and Flock Freight that are resolving the issues with business models that match truck drivers with companies offering goods.
But, for Oway, a San Francisco-based startup, there’s chasing a much narrower business model that more closely resembles Uber Freight in the way they handle the most inefficient long-haul tours.
They want to shine, though. They want a model big enough to impact the country’s economy.
Now, here’s a background on Oway. This firm was founded in 2023, supported by Y Combinator and General Catalyst, by founder Phillip Nadjafov.
Nadjafov told Ridesharing Forum that it seems a surprise that Oway would be where it is today, if not for investors who were attracted to the new company’s concept of developing a way to cut the cost of shipping a pallet across the United States by 50 percent, using a clever mixture of new and somewhat old innovations.
It’s as simple as its own AI and machine learning, which Oway has developed to help seek and match cargo with empty trailer spaces and a convenient destination. Automation is the answer to resolve the issues.
“You shouldn’t need to… buy a whole 50-something-foot truck to move [something] across the country in order to get good pricing,” he stated. “If you have a single box over 100 pounds you want to move across the country, you should be able to, now, with current technology … do that. And this is a huge problem we have in America.”
Will Oway succeed to be the “Uber for Freight”?
Second scoop
Meanwhile, in other Uber news, a Russian Uber driver working illegally in the United States was caught beating a South Carolina business executive and their service dog. There were brain injuries sustained.
The CEO was named Bryan Kobel, 45 years old, who canceled his ride home fom a French restaurant last spring since the driver refused to take his service dog.
The suspect, the Russian driver, 42-year-old Vadim Uliumdzhiev, found himself marching over and knocking his victim as he held his 17-pound golden doodle in the parking lot.
“The next thing I know, I’m waking up in a hospital bed with seven staples in my head and four stitches,” Kobel pointed out. “It’s been a brutal experience to this day.”
Kobel wanted accountability for the criminal driver, of course. This CEO of a biotech firm has suffered concussion, amnesia, and scarring, learning soon from the cops that the driver had gotten his Uber job with a fake license. Omay, oh my!
“My job involves a lot of public speaking and I was unsure whether I would be able to do that again,” he further noted. “I wondered, ‘Am I ever going to be the person I was before, and that’s a very scary thought.’”
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