SBIR Phase I: ManyWheels VehicleTransport Optimization

Award Information
Agency:
National Science Foundation
Branch
n/a
Amount:
$100,000.00
Award Year:
2009
Program:
SBIR
Phase:
Phase I
Contract:
0839294
Award Id:
90903
Agency Tracking Number:
0839294
Solicitation Year:
n/a
Solicitation Topic Code:
n/a
Solicitation Number:
n/a
Small Business Information
726 N Danville St, Arlington, VA, 22201
Hubzone Owned:
N
Minority Owned:
N
Woman Owned:
N
Duns:
828877873
Principal Investigator:
KevinDewalt
MS
(571) 366-9196
kevindewalt@manywheels.com
Business Contact:
KevinDewalt
MS
(571) 366-9196
kevindewalt@manywheels.com
Research Institute:
n/a
Abstract
This Small Business Innovation Research Phase I project will pursue a solution to the inefficiencies in transporting automobiles. 80 million new and used vehicles are sold annually in the US in a rich, dynamic market involving manufacturers, dealers, wholesalers, consumers, banks, rental agencies, and others. In spite of the sophistication and size of this market, the transportation of these vehicles from seller to intermediary to buyer operates inefficiently, often using technology and business processes that pre-date the Internet. Commercial automobile transporters frequently drive routes with spare capacity or empty trucks because they cannot identify and secure new business opportunities in real time. This project will improve the efficiency of transporting automobiles by developing market-mechanisms to allow shippers and transporters to discover and negotiate opportunities in real time. Creating such a market requires solving a real-time logistics problem in an enormous, highly fractured market of thousands of businesses shipping millions of pieces of cargo among 10,000 transporters which often have limited communications infrastructure beyond PDAs and cell phones. Billions of dollars are spent annually transporting automobiles; the potential for even single-digit efficiency improvements creates a compelling business opportunity. The company that can achieve such improvements may benefit from the scalability and network effects that create attractive investment opportunities for venture capitalists. The financial model also improves with rising fuel prices. Additionally, the solution will have the strategic benefit to the US of reducing our oil consumption. It will also have the social benefit of reducing the US carbon footprint.

* information listed above is at the time of submission.

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