Flock reports layoffs, path to profitability

Friday marked a turn of events for Flock Freight, a provider of shared truckload solutions, as the company decided to reduce its workforce by 54 individuals. The company last reported layoffs in April of 2023. 

This strategic move was aimed at recalibrating the company’s trajectory towards profitability. The positions affected were primarily back office roles, focusing on enhancing automation for Flock’s operational efficiencies.

“The people supporting our customers and carriers and those...

https://www.freightwaves.com/news/flock-reports-layoffs-path-to-profitability

Flock Freight sees growth in pooling rates, potential of future scale

In the volatile landscape of a soft freight market, Flock Freight has weathered the storms. 

While the company has made tough decisions, including reevaluating the structure of its team to align with the dynamic demands of the market, leadership is looking forward to its transition in 2024 while harnessing the technological advancements it has made throughout 2023.

“Flock’s not immune to the market force that everyone is facing. We are selling a differentiated platform and I think part of that...

https://www.freightwaves.com/news/flock-freight-sees-growth-in-pooling-rates-potential-of-future-scale

Vendorflow raises $1.3M to improve supply chain communication

On Thursday, SaaS communication solutions startup Vendorflow announced it has raised $1.3 million led by TenOneTen with participation from Amplify.LA. 

Also participating in the round were such industry leaders as project44 CEO Jett McCandless, Flock Freight CEO Oren Zaslansky, Best Bay Logistics President Param Singh and former NEXT Trucking CRO Bobby Napiltonia.

With its accomplished investors, a technology team full of NEXT Trucking alumni and trucking veteran Jacob McLeod on its advisory...

https://www.freightwaves.com/news/vendorflow-raises-13m-to-improve-supply-chain-communication

Sustainability and profitability: Going green doesn’t have to be costly

Sustainability has garnered a reputation as cutting edge and costly. While it is certainly possible to sink millions into eco-friendly solutions like electric vehicles, there are ways to embrace environmentalism without breaking the bank. In fact, becoming more sustainable can actually drive profits higher. 

Flock Freight CEO and founder Oren Zaslansky emphasized the importance of sustainability from the very beginning. As the first certified B Corp in the freight industry, sustainability is at...

https://www.freightwaves.com/news/sustainability-and-profitability-going-green-doesnt-have-to-be-costly

Why freight sharing is caring — stackd

stackd podcast cover

Becoming more sustainable is a goal many companies in the logistics industry share, and a driver of sustainable progress is technology. On this episode of stackd, host Adam Robinson details how Flock Freight is using tech advances to get closer to that goal. 

Robinson welcomes Flock Freight CEO Oren Zaslansky to talk about the methods his company employs. Flock Freight uses algorithms to create shared truckloads out of LTL loads, combining those multiple LTL loads into one full truckload of...

https://www.freightwaves.com/news/why-freight-sharing-is-caring-stackd