Flock Freight’s shared truckload model hauls in $60M Series E
Flock Freight is positioning itself not as a competitor to procurement platforms, but as a specialized supplier that can solve a problem they cannot.
Flock Freight is positioning itself not as a competitor to procurement platforms, but as a specialized supplier that can solve a problem they cannot.
While businesses continue to play a role in setting trends, consumers are now the driving force behind product demand.
Things like half-empty trailers and underutilized space aren’t just a headache anymore—they’re impacting your bottom line.
Now is the time for companies to optimize their operations and onboard new strategic providers to safeguard themselves over the next year.
While traditional multistop options have served many shippers well, there is an even more impactful option on the market today: Flock Freight’s Shared Truckload.
Based on Flock Freight’s findings, partially empty truckloads added up to the equivalent of one in four trucks moving completely empty last year.
A recent Flock Freight survey reports 43% of truckload orders were partially empty, highlighting ongoing challenges for trailer space utilization.
Flock Freight offers a Shared Truckload service that provides an accurate, reliable and emission-reducing alternative to traditional truckload and less-than-truckload options.
Historically, companies have had two shipping options: less-than-truckload or truckload. Both tend to require some level of sacrifice from the shipper.
Friday saw a pivotal shift for Flock Freight as the company opted to downsize its workforce by 54 individuals, a strategic decision aimed at realigning the company’s trajectory towards profitability.
While navigating shifting market conditions can be stressful, shippers that focus their attention on increasing their own operational efficiency and cost-effectiveness can thrive during this time.
FlockDirect uses real-time data to pool freight for multiple customers going in the same direction. The solution effectively dismantles the physical hub-and-spoke constraints that have defined the supply chain for more than a century.
It is crucial for shippers to build flexibility into their transportation plans. This ongoing volatile environment has created an opportunity — and a necessity — for companies to take another look at how they move freight.
Despite a tumultuous year, the Flock Freight team is optimistic about how its technology is advancing and the future needs of the industry when it comes to its mode offering.
The partnership offers e2open TMS users seamless access to FlockDirect, a terminal-free shared truckload solution from Flock, enabling real-time quoting and booking.
Inside this edition: Appeals court rules in favor of Landstar
Layoffs continue at the FreightTech unicorn, Flock Freight, as 45 employees were fired at a recent all-hands company meeting, four months after 60 workers were let go.
Volvo Group’s CampX has ushered 50 startups through its accelerator. Now it is adding an incubator for early stage startups.
The current roster of FreightTech unicorns is made up of established companies run by veterans and backed by smart money.
Attracting and retaining top talent isn’t easy; Lunar New Year has begun, Loadsmart reaches unicorn status; and the Midwest braces for winter weather.
From customers and employees to investors and community members, stakeholder engagement plays a tremendous role in the future of your company.
The success of a business depends on its ability to generate social and political support.
Is the cold email your go-to marketing strategy? Find out if that is good or bad on this episode of Cyberly.
Flock Freight’s fierce dedication to greening up the supply chain helps it stand out from its peers and attract a wealth of talent from several different backgrounds.
Amazon Freight positioned to sneak its way into the brokerage world, Flock Freight’s unicorn status achievements, and how much is sitting off the coast of LA and Long Beach?
“Flock Freight is the only company that offers guaranteed hubless shared truckload service, and this additional investment adds more fuel to our sustained triple-digit growth,” said Oren Zaslansky, CEO and founder of Flock Freight.
Check Call looks at shared truckload and the future of cost savings for shippers, Gene Seroka and the LA port congestion, and FMSCA’s new regulation for drivers.
Sustainability has garnered a reputation as cutting edge and costly. There are ways to embrace environmentalism without breaking the bank. In fact, becoming more sustainable can actually drive profits higher.
Faster, safer, better — these consumer expectations for e-commerce delivery are driving a speed-focused freight market.
Every company aims for maximum profitability. For less-than-truckload carriers, that has meant lowering linear-foot caps from 16 linear feet to 12 linear feet and turning away freight that exceeds those caps.
This week: J.B. Hunt inspires inclusion with in-house resource groups, ParkMyFleet sponsors first U.S. solar car race and Flock Freight creates a trucking-inspired playlist.
B Corps are held to the highest standards of social and environmental impact. B Lab and B Corp representatives tell FreightWaves how to pass the rigorous assessment.
Whether you’re a large or small business, embarking on the quest for sustainability might feel overwhelming if your operations have been less than planet-friendly in the past.
Brokerage candidates know “they’re in the driver’s seat,” according to one recruiter.
FreightWaves examines ways carriers can limit their GHG emissions that won’t cost them an additional investment in electric vehicles.
Scientists and government leaders are pushing for a more sustainable supply chain. Consumers are paying attention.
On this episode of stackd, hostAdam Robinsondetails how one freight company is using shared truckload technology to map out the future for sustainable freight.
Certified B Corporation Flock Freight raises the bar with a commitment to offset carbon emissions from FlockDirect shipments for customers.
Do you care about Uber Connect, Amazon custom fashion, Flock Freight or the Tesla Semi? Andrew Cox and Seth Holm do!
Flock Freight designed Instant Prebate to provide automatic cost savings on contracted TL freight. Savings vary by lane, commodity and time of shipment, but they can come in as high as 50% on some loads.
In today’s edition of The Daily Dash, lender BMO’s earnings shed light on the state of the trucking market. Plus, Flock Freight flies high and the top challenge for the next U.S. Department of Transportation leader.
The company pools multiple less-than-truckload shipments onto one truck.
Without humans at the helm, the industry’s vast technological gains would be virtually useless.
FlockFreight pools together LTL freight and ships it via shared truckloads in full truckload containers instead.
Flock Freight has added 50 new team members since June.
Shared truckload offers shippers the opportunity to utilize truckload services to deliver partial shipments – without leaving part of the trailer empty.
Shared truckload alleviates LTL pain points
Flock Freight, which is building a shared truckload solution for LTL loads, has achieved B Corp certification for its sustainability efforts.
The uptick in shared loads should prompt companies to consider how their dock operations can be optimized for maximum efficiency.
Flock Freight has put together a complimentary white paper detailing the benefits of shared truckload (STL) service, which streamlines transit and eliminates LTL, TL, and partial truckload waste.
The concept of shared truckload isn’t new, but technological advancements in the space make the method more viable than ever.
Plus: California Trucking Association, CERES, release report on path to electrification
The global pandemic offers industry players the chance to trade competition for collaboration and disrupt the status quo.
For some essential goods providers, the rush has meant booking full truckload without enough freight to fill the truck.
When companies are moving midsize loads, it can be almost impossible to find that balance within the traditional full truckload (FTL) and less-than-truckload (LTL) models.
This white paper, brought to you by Flock Freight, explores the countless inefficiencies that affect sustainability within the LTL shipping industry, as well as what green solutions are available for shippers.
Hubless logistics company assembles “algorithmically created carpools” of LTL freight, to be shipped via full truckload