How Oway uses AI to fill empty trucks and cut shipping costs - FreightWaves
· Source: freightwaves.com
In short
Oway, a Silicon Valley startup backed by Y Combinator and General Catalyst, has developed an AI-powered platform that connects partial shipments with available capacity on full truckload carriers. The system uses machine learning and telematics data from ELDs to identify optimal opportunities for carriers to pick up partial loads along their routes, increasing carrier revenue by up to 30% while providing shippers with cost reductions of up to 50% compared to traditional LTL services.
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In the issue of week 40, 2025: Agentic AI Accelerates Autonomous Supply Chains Amid Energy and Security Challenges
Tags: trucking, optimization, LTL, capacity, telematics, automation