A New FreightTech Startup Ovalz is Launching a Platform Dedicated to Helping Smaller Shippers and Carriers
Smaller shipping and logistics companies take on inherent risk with increased regulation, unpredictable fuel costs, inefficiencies due to heavy reliance on manual business processes and a myriad of safety concerns. Ovalz wants to help them meet the challenges ahead with the coming launch of our information supply chain management and exchange platform.
BETHESDA, Md., Nov. 15, 2018 /PRNewswire-PRWeb/ -- Ovalz is an Information Supply Chain Management and Exchange Platform for smaller shippers and carriers. Shipping and logistics companies take on inherent risk with increased regulation, unpredictable fuel costs, inefficiencies due to heavy reliance on manual business processes and a myriad of safety concerns. Ovalz wants to help them meet the challenges ahead.
New smart technologies such as blockchain, smart contracts and the Internet of Things are now available to revolutionize supply chains for large companies with sufficient resources. The mission of Ovalz is to ensure smaller supply chain companies enjoy the benefits offered by these emerging technologies. We strongly believe that building a platform of inclusion will prove transformative.
Today, Ovalz announced the coming launch of our first Ovalz Platform module, Ovalz BlockTrac a track, trace and electronic bill of lading (e-BOL) management solution that helps supply chain companies adapt to changing customer demand.
"In supply chains, there is inherent risk. Items can be lost, damaged or stolen which costs time and money. Imagine the uptick to your bottom line with a mechanism in place to reduce loss. Ovalz BlockTrac is a simple, information supply chain management solution that removes barriers for smaller vendors who don't have the infrastructure to support new technology systems," said Marvin Harris, Co-founder and CEO.
Ovalz is a truly plug and play platform that makes it easy to link assets to deliveries in transit. Imagine having 100 pallets, each containing 500 smartphones, you require a simple way to manage delivery activity, driver wait times, mitigate cargo risk, provide greater visibility to customers and easily confirm asset transfers for bill of lading tracking to speed up payments. BlockTrac allows you to do it all without high upfront costs or high recurring fees. Securing and automating information delivery on-demand is now a breeze. Customers can use our platform to reduce the risk of errors and inconsistencies while lowering administrative and compliance costs. In an environment where volumes are high but margins are tight every ounce of cost savings is crucial.
Integral to the Ovalz corporate philosophy is a firm belief that smart technologies are available to everyone. Monthly packages start at $20 per user with no long-term obligation. "We are excited to launch BlockTrac, the first of many smart solutions on our platform. This marks the beginning of our mission to forge a community of smaller shippers and carriers to help digitally transform their businesses. One of our driving principles is to empower the 97% of U.S. carriers and the shippers that work with them throughout North America. These smaller carriers operate fleet sizes of 20 or less and are currently overlooked by the big enterprise solution providers." commented David Shelters, Co-founder and CFO.
We encourage smaller shippers and carriers to request participation in our free BlockTrac Early Access Program.
About Ovalz
Ovalz is an Information Supply Chain Management and Exchange platform for smaller shippers and carriers, headquartered in Bethesda, MD.
SOURCE Ovalz
Share this article