The past few months have forced our industry into uncharted territory as many companies were forced to deal with lower tow volumes.
To understand the effects of COVID-19 on the industry we have gathered insights from our towing software. Across the country, tow volume reached a 49% decline compared to the first week of March. Over the last few weeks we have seen increased tow volumes and by the end of June, volume was only 25% below the March baseline. Since the beginning of COVID-19 we have recouped half of the volume lost. The industry continues to rebound as fuel consumption and traffic volume return to normal as cities begin loosening restrictions.
We are optimistic that these improvements will continue and the industry will recover. Omadi is committed to being your technology ally during these times by helping companies start, maintain, and grow their tow operations. For updates visit omadi.com/ driven-blog or find us on Facebook.
Best Wishes,
Nathan Mortensen (Omadi CEO)
For more information, visit www.omadi.com
