Flock Freight

Flock Freight fills empty spaces in ‘full’ truckloads

Flock Freight fills empty spaces in ‘full’ truckloads (Photo: Jim Allen/FreightWaves)

The less-than-truckload (LTL) segment is a $65 billion-a-year industry in the U.S., with roughly 165 million LTL shipments hauled across the country. However, what is strikingly evident to every shipper within the market is that LTL movement is vastly more inefficient than the much larger truckload industry. 

This is apparent when the segments are compared across key service parameters. LTL’s on-time pickup rate is around 70%, whereas the truckload segment achieves on-time pickup over 96% of the...

https://s29755.pcdn.co/news/flock-freight-fills-empty-spaces-in-full-truckloads

Freight start-ups poised to hire despite economic turndown

FlockFreight Series B

The U.S. transportation sector gained 14,600 jobs in August and September of 2020 alone, according to the Bureau of Labor Statistics. This sizable gain is a telltale sign of growth, and has been  beat only three times in the last decade. While the total number of jobs in the sector is still down considerably year of year, the trend we’ve seen over the last two months points to promising recovery from huge drops earlier in the year. 

It is no secret that the coronavirus pandemic sent the U.S....

https://www.freightwaves.com/news/freight-start-ups-poised-to-hire-despite-economic-turndown

Logistics company embraces greener practices for brighter future

Over the past several years, consumers and clients alike have asked companies to prove their dedication to people and progress through various corporate responsibility initiatives. In the transportation and logistics industry, those initiatives often focus on reducing pollution and increasing sustainability. This spotlight on the environment isn’t shocking – moving goods across the globe can take a heavy toll on Mother Earth. The U.S. leads the world in carbon emissions, with transportation...

https://www.freightwaves.com/news/logistics-company-embraces-greener-practices-for-brighter-future

Shared truckload solves LTL, FTL inefficiencies

truck at dock

The transportation industry is known for its volatility and rigidity. This is especially true of the less-than-truckload (LTL) model, in which rates and offerings depend heavily on everything from asset availability to proper staffing. While traditional LTL works well for some customers, others feel constrained by the legacy model’s strict guidelines and fee structures.

“There are tremendous faults in the way the freight has to move in the LTL model, as great as it is. If one cog in the machine...

https://s29755.pcdn.co/news/shared-truckload-solves-ltl-ftl-inefficiencies

Flock Freight achieves B Corp status for shared truckload solution

Less than truckload freight being loaded

Environmental sustainability has permeated companies of all sizes in recent years. As of April, though, only about 3,300 companies globally have formally certified themselves as B Corporations.

Flock Freight, a startup focused on converting less-than-truckload (LTL) shipping into full truckloads, is the latest company, and the first freight shipping company it claims, to be named a B Corp company.

“As the first freight shipping company to gain B Corporation status, Flock Freight is setting the...

https://s29755.pcdn.co/news/flock-freight-achieves-b-corp-status-for-shared-truckload-solution

Shared truckload ‘fast pass’ offers path to greater profitability

Shared truckload is gaining industry momentum, thanks to the multitude of benefits the model offers shippers and carriers alike. This uptick in shared loads should prompt companies to consider how their dock operations can be optimized for maximum efficiency.

Despite the potential for higher pay and more consistent loads, some carriers are hesitant to get involved with shared truckload. This is partially due to hassles – like long wait times and uncontrollable delays – that threaten their...

https://www.freightwaves.com/news/shared-truckload-fast-pass-offers-path-to-greater-profitability

White Paper – Shared Truckload Guide

Coronavirus has taken a toll on North America’s freight industry and has left countless layoffs, bankruptcies, and permanent business closures in its wake. Moving forward, how can companies optimize their supply chains to ensure their survival in the coming months? One solution for businesses could be shared truckload (STL) service.

Flock Freight has put together a complimentary white paper detailing the benefits of shared truckload (STL) service, which streamlines transit and eliminates LTL,...

https://www.freightwaves.com/news/white-paper-shared-truckload-guide

Shared truckload offers pricing benefits to shippers, carriers

truck driving down highway

The only thing anyone can say for certain about the transportation markets is that they change. Whether due to global disruptions like pandemics or simple seasonality, volumes and capacity are constantly in flux. When these shifts get especially volatile, the whole industry feels the effects. Shared truckload (STL) offers a way for shippers and carriers alike to make the most of any market conditions. 

Shared truckload enables multiple shippers to share trailer space in one multi-stop full...

https://s29755.pcdn.co/news/shared-truckload-offers-pricing-benefits-to-shippers-carriers

Today’s Pickup: Flock Freight reaches 12,000 pooled shipments

Good day,

Flock Freight, a logistics tech company that enables scaled freight pooling (the process of combining multiple loads onto one truck), today announced it has pooled more than 12,000 total shipments.

Additionally, Flock Freight’s hubless pooling product, FlockDirect, attracted new customers in 2020, including Berlin Packaging, Blue Diamond Almonds, Mueller Industries, Nature’s Bounty, and Tuft & Needle.  

Founded in 2015,  Flock Freight’s hubless pooling technology utilizes proprietary...

https://s29755.pcdn.co/news/today

Pandemic offers opportunity to end the tug of war between carriers, shippers

Carriers and shippers have been playing a decades-long game of tug of war, passing pricing power amongst themselves as the transportation markets rise and fall. These pricing surges are one of the few certainties in an unpredictable market. 

The global pandemic offers industry players the chance to trade competition for collaboration and disrupt the status quo. Carriers, 3PLs, and shippers alike are feeling the impact of the coronavirus pandemic, and companies in every corner of the industry are...

https://www.freightwaves.com/news/pandemic-offers-opportunity-to-end-the-tug-of-war-between-carriers-shippers

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