Collaboration and Technology Helps V3 Transportation Monetize Spare Capacity
The sharing economy has evolved from its early origins nestled within a community, to a grand and global scale where we now can share homes, cars, bikes, designer purses, boats, and other assets directly with each other — all coordinated via the Internet. Sharing assets is cheaper and easier than ever before, which makes it possible on a larger scale; this also proves true for commercial transportation. Over the past several years, the sharing economy has taken off in this industry and has disrupted traditional business models, thereby spurring the fast growth of fleets by enabling them to leverage spare capacity, expand operations without significant investment, and work collaboratively.